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Park City, UT vs Payson, UT

234
Park City
Utah
VS
+117.4%
108
Payson
Utah

The cost of living difference between Park City, UT and Payson, UT is dramatic. Payson is 117.4% cheaper than Park City, a gap that translates to thousands of dollars per year in household expenses. Park City has a cost index of 234 while Payson sits at 108, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Park City is $1,900/month compared to $1,393/month in Payson — a 36% difference. Home values follow the same pattern: Payson is more affordable at $388,200 median vs $1,739,700.

Median household income in Park City is $140,875 compared to $84,286 in Payson (+67.1%). The higher salaries in Park City partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Park City spend roughly 16.2% of their income on rent, less than the 19.8% in Payson.

Income & Cost

Cost of Living Index
Park City
234
Payson
108
54% cheaper
Median Household Income
Park City
$140,875
40% higher
Payson
$84,286

Housing

Median Rent
Park City
$1,900
Payson
$1,393
27% cheaper
Median Home Value
Park City
$1,739,700
Payson
$388,200
78% cheaper
Population
Park City
8,365
Payson
22,205

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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