Orem, UT vs Springville, UT

Orem, UT and Springville, UT have a very similar cost of living, with only a 1.1% difference in their overall index. Orem scores 112 while Springville scores 113 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 Orem is $1,405/month compared to $1,472/month in Springville — a 5% difference. Interestingly, home values tell a different story: while Orem has cheaper rent, Springville actually has lower median home values ($429,200 vs $439,000).

Median household income in Orem is $81,292 compared to $88,516 in Springville (-8.2%). While Springville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Orem spend roughly 20.7% of their income on rent, more than the 20% in Springville.