salaryRent is higher than in 68% of U.S. cities. A typical house costs about 3.9 years of household income. Most homes (78.9%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $79,600 a year. That is $38 an hour at a full-time job.
Is rent cheaper than other Utah cities?
No. Rent here is more expensive than in most of Utah. It is number 65 of 97 cities from cheapest to most expensive.
How much do households earn in Magna metro township?
Share of households by yearly income. 29.0% of households earn $100,000 or more.
Rent by apartment size in Magna metro township
| Size | Magna metro township | U.S. average |
|---|---|---|
| 1 bedroom | $1,296 | $1,324 |
| 2 bedrooms | $1,479 | $1,509 |
| 3 bedrooms | $2,180 | $1,698 |
| 4 bedrooms | $2,039 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Magna metro township overall?
Everyday prices in Utah overall are 1% below the U.S. average (index 98.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Magna metro township, so the Utah figure is shown.
Taxes and bills in Magna metro township
Life in Magna metro township
Is it cheaper to rent or buy in Magna metro township?
Renting is cheaper right now: about $620 a month less.
Owning assumes a typical $376,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $37,620 for the down payment.
Frequently asked questions
What is the average rent in Magna metro township, UT?
Renting in Magna metro township costs a median of about $1,990 a month in 2026, including utilities. The Utah median is $1,832.
How much do I need to make to live in Magna metro township?
To keep rent under 30% of income, you need about $79,600 a year, or $38 an hour at a full-time job.
Is Magna metro township cheap or expensive?
Magna metro township is rated OK: rent takes 24.5% of the typical household income of $97,438. It ranks 65th cheapest of 97 Utah cities we track.
How much are property taxes in Magna metro township?
The median homeowner in Magna metro township pays $2,512 a year in property taxes, about 0.67% of the median home value.
Is Magna metro township more expensive than the national average?
Overall prices in Utah are 1% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Magna metro township?
The median home value in Magna metro township is $376,200, about 3.9 times the typical yearly household income.
30,031 people live in Magna metro township. Numbers are typical (middle) values.