Sandy, UT

Very High · 141

Utah · Population 94,723 · Updated March 2026

$1,728
Median Rent / Month
$111,242
Median Income
$562,500
Median Home Value
$1,703
Owner Costs / Month

Affordability

How far your income goes in Sandy

18.6%
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

$20,736
Annual Rent
$5,173
State Income Tax
$3,262
Property Tax (est.)

Cost of Living Overview

Sandy has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 141 (where 100 equals the national median), Sandy residents can expect to pay median rent of $1,728/month while earning a median household income of $111,242/year.

The median home value in Sandy, UT is $562,500, with typical monthly owner costs around $1,703 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.6% 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 Sandy.

Frequently Asked Questions

Common questions about living costs in Sandy

What is the cost of living in Sandy, UT?
The cost of living index in Sandy, UT is 141 (US average = 100). Median monthly rent is $1,728, median household income is $111,242/year, and the median home value is $562,500.
Is Sandy, UT affordable?
No, Sandy is more expensive than the national average with a cost index of 141. The rent-to-income ratio is 18.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Sandy, UT?
The median gross rent in Sandy, UT is $1,728 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $20,736.
What is the median household income in Sandy?
The median household income in Sandy, UT is $111,242 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%.