Riverton, UT

Very High · 144

Utah · Population 44,944 · Updated March 2026

$1,826
Median Rent / Month
$119,093
Median Income
$543,900
Median Home Value
$1,845
Owner Costs / Month

Affordability

How far your income goes in Riverton

18.4%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Utah

State-level tax rates that affect your costs

4.65%
Income Tax (Top Rate)
6.1%
Sales Tax
0.58%
Property Tax Rate

Estimated Annual Costs

$21,912
Annual Rent
$5,538
State Income Tax
$3,155
Property Tax (est.)

Cost of Living Overview

Riverton has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 144 (where 100 equals the national median), Riverton residents can expect to pay median rent of $1,826/month while earning a median household income of $119,093/year.

The median home value in Riverton, UT is $543,900, with typical monthly owner costs around $1,845 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.4% 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 Riverton.

Frequently Asked Questions

Common questions about living costs in Riverton

What is the cost of living in Riverton, UT?
The cost of living index in Riverton, UT is 144 (US average = 100). Median monthly rent is $1,826, median household income is $119,093/year, and the median home value is $543,900.
Is Riverton, UT affordable?
No, Riverton is more expensive than the national average with a cost index of 144. The rent-to-income ratio is 18.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Riverton, UT?
The median gross rent in Riverton, UT is $1,826 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,912.
What is the median household income in Riverton?
The median household income in Riverton, UT is $119,093 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Utah?
Utah has a top income tax rate of 4.65%, a sales tax of 6.1%, and an effective property tax rate of 0.58%.