Cost of Living in Portage, UT

With a cost of living index of 96, Portage, UT is slightly more affordable than average. Living here is 4% cheaper than the national average and 12% below the Utah state average of 108. Portage is a small community of 223 residents.

Housing costs are the biggest factor in Portage's cost of living. The median monthly rent is $1,313 (0% below the US median of $1,319), and the median home value sits at $273,300 (10% below the national median of $304,900). At current prices, the median home costs roughly 4.9x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Portage is $55,313, which is 26% lower than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.