Cost of Living in Park City, UT
Population 8,365 · Utah · Data vintage 2023
(100 = US avg)
Park City's housing market is in a category of its own — median home values around $1.7 million sit roughly 6 times the US figure, reflecting a market driven as much by second-home and resort buyers as by year-round residents. An unemployment rate of 0.5% points to a labor market well on the tight side of the national distribution.
Located 25 miles east of Salt Lake City, Park City falls within that metro's commuting orbit. Median home values run roughly 251% higher than Salt Lake City's $496,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Park City
The median home value in Park City is $1,739,700 — 470% above the national median of $305,000. Median rent runs $1,900/month, 45% higher than the national median of $1,314/month. The median household income of $140,875/year is 89% higher than the US median of $74,580. The local unemployment rate is 0.5%, below 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 63.2°F and lows of 29.9°F, with about 70.1" of annual snowfall. Overall, Park City has a cost of living index of 400 versus the US average of 100, meaning it is 300% more expensive.
Park City has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 39 | 43 | 55 | 62 | 70 | 81 | 89 | 88 | 79 | 66 | 50 | 38 |
| Low °F | 13 | 17 | 24 | 29 | 35 | 42 | 48 | 47 | 38 | 29 | 21 | 14 |
| Precip" | 1.49 | 1.17 | 1.51 | 1.68 | 1.85 | 1.18 | 0.94 | 0.79 | 1.31 | 1.43 | 1.43 | 1.62 |
| Snow" | 14.0 | 12.9 | 9.8 | 5.2 | 0.7 | 0.1 | 0.0 | 0.0 | 0.5 | 1.9 | 9.1 | 15.9 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Park City, UT?
Park City has a cost index of 400 (100 = national average). It is 300% above the national average.
What is average rent in Park City, UT?
The median gross rent in Park City is $1,900 per month based on 2023 Census data.
What is the average home price in Park City?
The median home value in Park City is $1,739,700 according to Zillow and Census data.
What is the median income in Park City?
The median household income in Park City is $140,875 per year (2023 ACS 5-year estimates).
What is the sales tax in Park City, UT?
The combined state and local sales tax rate in Park City is 5.9%. The Utah state income tax top rate is 4.5%.
Is Park City, UT affordable?
Park City is above average in cost of living, with an index of 400 — about 300% higher than the national average.
What is the weather like in Park City?
Park City has average high temperatures of 63.2°F and average lows of 29.9°F. Annual precipitation is 16.4". Average annual snowfall is 70.1". Data from NOAA 1991–2020 Climate Normals.
Park City at a Glance
- Population
- 8,365
- Median Income
- $140,875
- Home Value
- $1,739,700
- Median Rent
- $1,900/mo
- Unemployment
- 0.5%
- Avg High Temp
- 63.2°F
- Sales Tax
- 5.9%
Nearby Cities
Explore county-level cost of living data
Utah Rankings
Similar Cost Cities
Cities in other states with comparable housing costs