Syracuse, UT

Very High · 149

Utah · Population 34,009 · Updated March 2026

$2,006
Median Rent / Month
$132,459
Median Income
$531,600
Median Home Value
$1,897
Owner Costs / Month

Affordability

How far your income goes in Syracuse

18.2%
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

$24,072
Annual Rent
$6,159
State Income Tax
$3,083
Property Tax (est.)

Cost of Living Overview

Syracuse has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 149 (where 100 equals the national median), Syracuse residents can expect to pay median rent of $2,006/month while earning a median household income of $132,459/year.

The median home value in Syracuse, UT is $531,600, with typical monthly owner costs around $1,897 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.2% 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 Syracuse.

Frequently Asked Questions

Common questions about living costs in Syracuse

What is the cost of living in Syracuse, UT?
The cost of living index in Syracuse, UT is 149 (US average = 100). Median monthly rent is $2,006, median household income is $132,459/year, and the median home value is $531,600.
Is Syracuse, UT affordable?
No, Syracuse is more expensive than the national average with a cost index of 149. The rent-to-income ratio is 18.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Syracuse, UT?
The median gross rent in Syracuse, UT is $2,006 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $24,072.
What is the median household income in Syracuse?
The median household income in Syracuse, UT is $132,459 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%.