Housing costs in Park City?
A typical home costs
$1,454,500, which is 330.2% more expensive than the national average of
$338,100 and 184.9% more expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Park City costs
$2,600 per month, which is 81.8% more than the national average of
$1,430 and 50.8% more than the state average of
$1,280.
Can I afford Park City?
To live comfortably in Park City, Utah, a minimum annual income of
$278,640 for a family, and
$79,200 for a single person is recommended.
What does A.I. say about Park City?
Park City, UT is known for its high cost of living. The average home costs around $900,000, and the median one-bedroom apartment rent is nearly double the national average. Despite this, Park City remains a desirable destination to live due to the excellent quality of life it offers. Residents enjoy access to great outdoor activities, pristine mountain views, world-class restaurants and galleries, as well as plentiful job opportunities. For those who are able to afford it, Park City certainly makes for a wonderful place to call home.