Cost of Living in Magna metro, UT

Population 29,488 · Utah · Data vintage 2023

117
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Magna metro's cost indicators track within a reasonable band of national figures, with median household incomes near $87,516 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Located 10 miles northwest of West Valley City, Magna metro falls within that metro's commuting orbit. Median home values run roughly 10% lower than West Valley City's $377,000.

Cost Overview

Housing 112
Rent 124

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Magna metro

The median home value in Magna metro is $341,400 — 12% above the national median of $305,000. Median rent runs $1,623/month, 24% higher than the national median of $1,314/month. The median household income of $87,516/year is 17% higher than the US median of $74,580. The local unemployment rate is 5.0%, above the national average of 4.8%. Utah's top state income tax rate is 4.5% and the combined sales tax is 5.9%. The climate averages highs of 64.9°F and lows of 44.4°F, with about 51.9" of annual snowfall. Overall, Magna metro has a cost of living index of 117 versus the US average of 100, meaning it is 17% more expensive.

🏠 Housing

Median Home Value
$341,400
12% above avg
Median Rent
$1,623/mo
24% above avg
Price-to-Rent Ratio
17.5x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$737
1 BR
$870
2 BR
$1,036
3 BR
$1,418
4 BR
$1,699
Owner-occupied 79.7%
Renter-occupied 20.3%

💰 Estimated Monthly Budget

Rent median rent
$1,623
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,237/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
26.1 min
3% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.2%

Commute Mode

Drove alone
72.4%
Carpooled
14.7%
Public transit
1.2%
Walked
0.4%
Work from home
10.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.5%
Total Sales Tax 5.9%
State rate 4.8%
Avg local rate 1.1%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$87,516
17% above avg
Per Capita Income
$29,637
Unemployment Rate
5.0%
4% above avg
Poverty Rate
8.6%
Labor Force Participation
72.4%

🎓 Education

Bachelor's degree+ 10.1%
Graduate degree 4.0%

👥 Demographics

Median Age 32.5
Male median age 32.2
Female median age 32.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.9°F
Avg Low
44.4°F
Annual Precip
15.5"
Annual Snowfall
51.9"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 394555627384949281665139
Low °F 242936425059686756443325
Precip" 1.431.301.752.161.820.950.490.581.061.261.321.40
Snow" 12.710.75.92.90.10.00.00.00.00.57.012.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 54 — Moderate
40.8%
Good air days/yr
154
Max AQI recorded
120
PM2.5 days
214
Ozone days

Frequently Asked Questions

What is the cost of living in Magna metro, UT?

Magna metro has a cost index of 117 (100 = national average). It is 17% above the national average.

What is average rent in Magna metro, UT?

The median gross rent in Magna metro is $1,623 per month based on 2023 Census data.

What is the average home price in Magna metro?

The median home value in Magna metro is $341,400 according to 2023 Census ACS data.

What is the median income in Magna metro?

The median household income in Magna metro is $87,516 per year (2023 ACS 5-year estimates).

What is the sales tax in Magna metro, UT?

The combined state and local sales tax rate in Magna metro is 5.9%. The Utah state income tax top rate is 4.5%.

Is Magna metro, UT affordable?

Magna metro is above average in cost of living, with an index of 117 — about 17% higher than the national average.

What is the weather like in Magna metro?

Magna metro has average high temperatures of 64.9°F and average lows of 44.4°F. Annual precipitation is 15.5". Average annual snowfall is 51.9". Data from NOAA 1991–2020 Climate Normals.

Magna metro at a Glance

Population
29,488
Median Income
$87,516
Home Value
$341,400
Median Rent
$1,623/mo
Unemployment
5.0%
Avg High Temp
64.9°F
Sales Tax
5.9%
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Explore county-level cost of living data

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