Farr West, UT vs Payson, UT

Farr West is moderately more affordable than Payson, with a 8.6% lower cost of living index. Farr West scores 98 compared to 108 for Payson, where the US average is 100. This difference means residents of Payson can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Farr West is $756/month compared to $1,393/month in Payson — a 46% difference. Interestingly, home values tell a different story: while Farr West has cheaper rent, Payson actually has lower median home values ($388,200 vs $509,100).

Median household income in Farr West is $111,875 compared to $84,286 in Payson (+32.7%). Farr West offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Farr West spend roughly 8.1% of their income on rent, less than the 19.8% in Payson.