Utah · Population 114,303 · Updated March 2026
How far your income goes in Provo
State-level tax rates that affect your costs
Provo has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 102 (where 100 equals the national median), Provo residents can expect to pay median rent of $1,152/month while earning a median household income of $62,800/year.
The median home value in Provo, UT is $437,100, with typical monthly owner costs around $1,220 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.0% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.
Utah has a moderate income tax rate of 4.65%. Combined with a 6.1% sales tax rate and 0.58% effective property tax rate, the overall tax environment is a factor in the total cost of living in Provo.
Common questions about living costs in Provo
Compare the cost of living in Provo, UT with 299 other major U.S. cities