Housing costs in Provo?
A typical home costs
$454,100, which is 34.3% more expensive than the national average of
$338,100 and 11.1% less expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Provo costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 19.6% cheaper than the state average of
$1,280.
Can I afford Provo?
To live comfortably in Provo, Utah, a minimum annual income of
$87,120 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Provo?
Provo enjoys one of the lowest costs of living when compared to other Utah cities due largely to its absence of citywide sales taxes (outside county taxes). Median home prices sit near the state average with a price tag of roughly $300k while rental rates range between 650-800 depending upon desired location & amenities offered by property owner/management company. Grocery prices however remain 4% above US levels despite tending towards being more affordable when looking solely within Utah's borders