Magna metro township, UT vs Taylorsville, UT

Magna metro township, UT and Taylorsville, UT have a very similar cost of living, with only a 1% difference in their overall index. Magna metro township scores 111 while Taylorsville scores 110 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Magna metro township is $1,623/month compared to $1,432/month in Taylorsville — a 13% difference. Interestingly, home values tell a different story: while Taylorsville has cheaper rent, Magna metro township actually has lower median home values ($341,400 vs $398,900).

Median household income in Magna metro township is $87,516 compared to $85,608 in Taylorsville (+2.2%). While Magna metro township is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Magna metro township spend roughly 22.3% of their income on rent, more than the 20.1% in Taylorsville.