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Provo, UT vs Salt Lake City, UT

104
Provo
Utah
VS
-9.6%
115
Salt Lake City
Utah

Provo is moderately more affordable than Salt Lake City, with a 9.6% lower cost of living index. Provo scores 104 compared to 115 for Salt Lake City, where the US average is 100. This difference means residents of Salt Lake City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Provo is $1,152/month compared to $1,343/month in Salt Lake City — a 14% difference. Home values follow the same pattern: Provo is more affordable at $437,100 median vs $495,700.

Median household income in Provo is $62,800 compared to $74,925 in Salt Lake City (-16.2%). While Salt Lake City 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 21.5% in Salt Lake City.

Income & Cost

Cost of Living Index
Provo
104
10% cheaper
Salt Lake City
115
Median Household Income
Provo
$62,800
Salt Lake City
$74,925
16% higher

Housing

Median Rent
Provo
$1,152
14% cheaper
Salt Lake City
$1,343
Median Home Value
Provo
$437,100
12% cheaper
Salt Lake City
$495,700
Population
Provo
114,303
Salt Lake City
203,888

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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