salaryRent here is among the highest 10% in the country. Household incomes are higher than in 93% of U.S. cities. A typical house costs about 5.3 years of household income. Most homes (83.7%) are owned, so rentals can be hard to find. It is a highly educated city: 64.6% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $140,040 a year. That is $67 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 96 of 97 cities from cheapest to most expensive.
How much do households earn in Midway?
Share of households by yearly income. 66.4% of households earn $100,000 or more.
Rent by apartment size in Midway
| Size | Midway | U.S. average |
|---|---|---|
| 3 bedrooms | $3,656 | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Midway 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 Midway, so the Utah figure is shown.
Taxes and bills in Midway
Life in Midway
Is it cheaper to rent or buy in Midway?
Renting is cheaper right now: about $2,694 a month less.
Owning assumes a typical $892,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $89,280 for the down payment.
Frequently asked questions
What is the average rent in Midway, UT?
Renting in Midway costs a median of about $3,500+ a month in 2026, including utilities. The Utah median is $1,832.
How much do I need to make to live in Midway?
To keep rent under 30% of income, you need about $140,040 a year, or $67 an hour at a full-time job.
Is Midway cheap or expensive?
Midway is rated OK: rent takes 24.8% of the typical household income of $169,395. It ranks 96th cheapest of 97 Utah cities we track.
How much are property taxes in Midway?
The median homeowner in Midway pays $4,490 a year in property taxes, about 0.50% of the median home value.
Is Midway 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 Midway?
The median home value in Midway is $892,800, about 5.3 times the typical yearly household income.
6,171 people live in Midway. Numbers are typical (middle) values.