Santaquin, UT

Above Avg · 110

Utah · Population 15,391 · Updated March 2026

$1,165
Median Rent / Month
$95,175
Median Income
$434,700
Median Home Value
$1,665
Owner Costs / Month

Affordability

How far your income goes in Santaquin

14.7%
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

$13,980
Annual Rent
$4,426
State Income Tax
$2,521
Property Tax (est.)

Cost of Living Overview

Santaquin is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 110 (where 100 equals the national median), Santaquin residents can expect to pay median rent of $1,165/month while earning a median household income of $95,175/year.

The median home value in Santaquin, UT is $434,700, with typical monthly owner costs around $1,665 including mortgage, insurance, and taxes. The median rent-to-income ratio of 14.7% 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 Santaquin.

Frequently Asked Questions

Common questions about living costs in Santaquin

What is the cost of living in Santaquin, UT?
The cost of living index in Santaquin, UT is 110 (US average = 100). Median monthly rent is $1,165, median household income is $95,175/year, and the median home value is $434,700.
Is Santaquin, UT affordable?
No, Santaquin is more expensive than the national average with a cost index of 110. The rent-to-income ratio is 14.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Santaquin, UT?
The median gross rent in Santaquin, UT is $1,165 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,980.
What is the median household income in Santaquin?
The median household income in Santaquin, UT is $95,175 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%.