Provo, UT vs Roy, UT
Provo, UT and Roy, UT have a very similar cost of living, with only a 4.9% difference in their overall index. Provo scores 104 while Roy 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 Provo is $1,152/month compared to $1,557/month in Roy — a 26% difference. Interestingly, home values tell a different story: while Provo has cheaper rent, Roy actually has lower median home values ($350,800 vs $437,100).
Median household income in Provo is $62,800 compared to $91,112 in Roy (-31.1%). While Roy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Provo spend roughly 22% of their income on rent, more than the 20.5% in Roy.
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