Cost of Living in Price, UT
Population 8,216 · Utah · Data vintage 2023
(100 = US avg)
Price's median household income of $46,947 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (17% here). At 6.0%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Price is about 65 miles southeast of Provo, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 57% lower than Provo's $437,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Price
The median home value in Price is $189,800 — 38% below the national median of $305,000. Median rent runs $796/month, 39% lower than the national median of $1,314/month. The median household income of $46,947/year is 37% lower than the US median of $74,580. The local unemployment rate is 6.0%, 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 62.1°F and lows of 36.9°F. Overall, Price has a cost of living index of 62 versus the US average of 100, meaning it is 38% less expensive.
Price 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 | 35 | 42 | 53 | 61 | 71 | 83 | 90 | 87 | 77 | 63 | 47 | 35 |
| Low °F | 16 | 21 | 29 | 34 | 44 | 52 | 60 | 58 | 49 | 38 | 26 | 17 |
| Precip" | 0.66 | 0.69 | 0.61 | 0.60 | 0.77 | 0.66 | 0.48 | 0.67 | 1.26 | 0.98 | 0.41 | 0.61 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Price, UT?
Price has a cost index of 62 (100 = national average). It is 38% below the national average.
What is average rent in Price, UT?
The median gross rent in Price is $796 per month based on 2023 Census data.
What is the average home price in Price?
The median home value in Price is $189,800 according to Zillow and Census data.
What is the median income in Price?
The median household income in Price is $46,947 per year (2023 ACS 5-year estimates).
What is the sales tax in Price, UT?
The combined state and local sales tax rate in Price is 5.9%. The Utah state income tax top rate is 4.5%.
Is Price, UT affordable?
Yes, Price is generally considered affordable, with a cost of living index of 62 — about 38% below the US national average of 100.
What is the weather like in Price?
Price has average high temperatures of 62.1°F and average lows of 36.9°F. Annual precipitation is 8.4". Data from NOAA 1991–2020 Climate Normals.
Price at a Glance
- Population
- 8,216
- Median Income
- $46,947
- Home Value
- $189,800
- Median Rent
- $796/mo
- Unemployment
- 6.0%
- Avg High Temp
- 62.1°F
- Sales Tax
- 5.9%
Nearby Cities
Explore county-level cost of living data
Utah Rankings
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