Housing costs in Palmyra?
A typical home costs
$472,900, which is 39.9% more expensive than the national average of
$338,100 and 7.4% less expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Palmyra costs
$1,220 per month, which is 14.7% cheaper than the national average of
$1,430 and 4.9% cheaper than the state average of
$1,280.
Can I afford Palmyra?
To live comfortably in Palmyra, Utah, a minimum annual income of
$90,720 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Palmyra?
The cost of living in Palmyra, UT is relatively low. The median home price is around $287,000, which is far below the national average. The overall cost of living index for the area is only 85.1, which is even lower than the national average of 100. Additionally, the median household income in Palmyra is significantly lower than the national median income at only $58,000 per year. Overall, housing costs and other living expenses tend to be quite affordable in this part of Utah.