Cost of Living in Santaquin, UT

Population 15,391 · Utah · Data vintage 2023

121
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Santaquin is a smaller Utah community of around 15000 residents, where median household incomes of $95,175 and housing costs ($435,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 2.5% — below most comparable cities in the state.

Geographically, Santaquin sits roughly 20 miles southwest of Provo. Housing prices track closely with Provo's $437,000 median.

Cost Overview

Housing 143
Rent 89

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

About the Cost of Living in Santaquin

The median home value in Santaquin is $434,700 — 43% above the national median of $305,000. Median rent runs $1,165/month, 11% lower than the national median of $1,314/month. The median household income of $95,175/year is 28% higher than the US median of $74,580. The local unemployment rate is 2.5%, 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 64.9°F and lows of 44.4°F, with about 51.9" of annual snowfall. Overall, Santaquin has a cost of living index of 121 versus the US average of 100, meaning it is 21% more expensive.

🏠 Housing

Median Home Value
$434,700
43% above avg
Zillow Home Value
$304,591
Zillow ZHVI
Median Rent
$1,165/mo
11% below avg
Zillow Rent
$1,850/mo
Zillow ZORI
Price-to-Rent Ratio
31.1x
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 86.8%
Renter-occupied 13.2%

💰 Estimated Monthly Budget

Rent median rent
$1,165
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,779/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
28.5 min
6% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.5%

Commute Mode

Drove alone
74.9%
Carpooled
10.1%
Public transit
0.3%
Walked
1.2%
Work from home
12.5%

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
$95,175
28% above avg
Per Capita Income
$29,289
Unemployment Rate
2.5%
47% below avg
Poverty Rate
3.7%
Labor Force Participation
73.3%

🎓 Education

Bachelor's degree+ 18.9%
Graduate degree 6.9%

👥 Demographics

Median Age 27.1
Male median age 24.7
Female median age 28.7

🌤 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 48 — Good
55.1%
Good air days/yr
104
Max AQI recorded
132
PM2.5 days
231
Ozone days

Frequently Asked Questions

What is the cost of living in Santaquin, UT?

Santaquin has a cost index of 121 (100 = national average). It is 21% above the national average.

What is average rent in Santaquin, UT?

The median gross rent in Santaquin is $1,165 per month based on 2023 Census data.

What is the average home price in Santaquin?

The median home value in Santaquin is $434,700 according to Zillow and Census data.

What is the median income in Santaquin?

The median household income in Santaquin is $95,175 per year (2023 ACS 5-year estimates).

What is the sales tax in Santaquin, UT?

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

Is Santaquin, UT affordable?

Santaquin is above average in cost of living, with an index of 121 — about 21% higher than the national average.

What is the weather like in Santaquin?

Santaquin 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.

Santaquin at a Glance

Population
15,391
Median Income
$95,175
Home Value
$434,700
Median Rent
$1,165/mo
Unemployment
2.5%
Avg High Temp
64.9°F
Sales Tax
5.9%
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