Cost of Living in Providence, UT

Population 8,675 · Utah · Data vintage 2023

137
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Providence is a smaller Utah community of around 9000 residents, where median household incomes of $103,831 and housing costs ($478,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 2.6% points to a labor market well on the tight side of the national distribution.

Geographically, Providence is about 65 miles north of Salt Lake City, the nearest large metro. Housing prices track closely with Salt Lake City's $496,000 median.

Cost Overview

Housing 157
Rent 108

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

About the Cost of Living in Providence

The median home value in Providence is $478,300 — 57% above the national median of $305,000. Median rent runs $1,416/month, 8% higher than the national median of $1,314/month. The median household income of $103,831/year is 39% higher than the US median of $74,580. The local unemployment rate is 2.6%, 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 60.8°F and lows of 34.4°F. Overall, Providence has a cost of living index of 137 versus the US average of 100, meaning it is 37% more expensive.

🏠 Housing

Median Home Value
$478,300
57% above avg
Zillow Home Value
$195,740
Zillow ZHVI
Median Rent
$1,416/mo
8% above avg
Price-to-Rent Ratio
28.1x
Favors renting
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 84.3%
Renter-occupied 15.7%

💰 Estimated Monthly Budget

Rent median rent
$1,416
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,030/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
18.5 min
31% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.3%

Commute Mode

Drove alone
74.8%
Carpooled
7.5%
Walked
1.6%
Bicycle
0.4%
Work from home
14.3%

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
$103,831
39% above avg
Per Capita Income
$43,768
Unemployment Rate
2.6%
45% below avg
Poverty Rate
10.6%
Labor Force Participation
62.4%

🎓 Education

Bachelor's degree+ 30.5%
Graduate degree 16.1%

👥 Demographics

Median Age 33.9
Male median age 28.7
Female median age 36

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.8°F
Avg Low
34.4°F
Annual Precip
15.6"
10° 33° 55° 78° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323750606981918978634733
Low °F 151829354247555344342517
Precip" 1.421.271.661.962.091.160.320.691.241.491.191.11

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
60%
Good air days/yr
187
Max AQI recorded
121
PM2.5 days
244
Ozone days

Frequently Asked Questions

What is the cost of living in Providence, UT?

Providence has a cost index of 137 (100 = national average). It is 37% above the national average.

What is average rent in Providence, UT?

The median gross rent in Providence is $1,416 per month based on 2023 Census data.

What is the average home price in Providence?

The median home value in Providence is $478,300 according to Zillow and Census data.

What is the median income in Providence?

The median household income in Providence is $103,831 per year (2023 ACS 5-year estimates).

What is the sales tax in Providence, UT?

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

Is Providence, UT affordable?

Providence is above average in cost of living, with an index of 137 — about 37% higher than the national average.

What is the weather like in Providence?

Providence has average high temperatures of 60.8°F and average lows of 34.4°F. Annual precipitation is 15.6". Data from NOAA 1991–2020 Climate Normals.

Providence at a Glance

Population
8,675
Median Income
$103,831
Home Value
$478,300
Median Rent
$1,416/mo
Unemployment
2.6%
Avg High Temp
60.8°F
Sales Tax
5.9%
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🗺️ County data for Utah

Explore county-level cost of living data

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