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Herriman, UT vs Payson, UT

136
Herriman
Utah
VS
+26.6%
108
Payson
Utah

There is a significant gap in the cost of living between these two cities. Payson is 26.6% cheaper than Herriman. With a cost index of 108 vs 136, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Payson to Herriman should plan for substantially higher expenses across most categories.

On the housing front, median rent in Herriman is $1,870/month compared to $1,393/month in Payson — a 34% difference. Home values follow the same pattern: Payson is more affordable at $388,200 median vs $554,900.

Median household income in Herriman is $118,446 compared to $84,286 in Payson (+40.5%). While Herriman is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Herriman spend roughly 18.9% of their income on rent, less than the 19.8% in Payson.

Income & Cost

Cost of Living Index
Herriman
136
Payson
108
21% cheaper
Median Household Income
Herriman
$118,446
29% higher
Payson
$84,286

Housing

Median Rent
Herriman
$1,870
Payson
$1,393
26% cheaper
Median Home Value
Herriman
$554,900
Payson
$388,200
30% cheaper
Population
Herriman
57,336
Payson
22,205

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Herriman $2.90
Payson $2.90
US $3.07
🥚
Eggs (grade A, large)
Herriman $2.37
Payson $2.37
US $2.50
🥛
Milk (whole)
Herriman $3.81
Payson $3.81
US $4.03
🍞
Bread (white)
Herriman $1.75
Payson $1.75
US $1.85
🍗
Chicken breast
Herriman $3.92
Payson $3.92
US $4.14
Electricity
Herriman $0.14
Payson $0.14
US $0.19