States › Utah › Price

Is Price, UT expensive to live in?

OKRent takes 30 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,41719% lower than U.S. average
💵 Families earn per year (2026)$57,379about $4,782/month · 34% lower than U.S. average
🔑 House price$225,60032% lower than U.S. average

Rent is lower than in 63% of U.S. cities. A typical house costs about 3.9 years of household income. Commutes are short, about 15.8 minutes.

How much money do I need?

To rent here comfortably, you should earn about $56,680 a year. That is $27 an hour at a full-time job.

Is rent cheaper than other Utah cities?

Yes. Rent here is cheaper than in most of Utah. It is number 17 of 97 cities from cheapest to most expensive.

Price
$1,417
$1,650
$1,234
$2,060

How much do households earn in Price?

Under $25k
23.5%
$25k–50k
28.4%
$50k–100k
26.3%
$100k–150k
12.3%
$150k+
5.1%

Share of households by yearly income. 17.5% of households earn $100,000 or more.

Rent by apartment size in Price

SizePriceU.S. average
Studio$541$1,338
1 bedroom$582$1,324
2 bedrooms$889$1,509
3 bedrooms$1,051$1,698
4 bedrooms$776$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Price overall?

Everyday prices in Utah overall are 1% below the U.S. average (index 98.9, U.S. = 100).

Housing
108
Goods (food, clothes…)
96
Utilities
79
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Price, so the Utah figure is shown.

Taxes and bills in Price

🏛️ Property tax$1,438a year · 0.64% of home value · U.S. $3,119
⚡ Electric bill$123a month (typical) · U.S. $156

Life in Price

Commute to work15.8 minU.S.: 26.4 min
College degree19.1%U.S.: 35.7%
Own their home61.3%U.S.: 65.2%
Below poverty line17.7%U.S.: 12.5%
Unemployment7.4%U.S.: 5.2%

Is it cheaper to rent or buy in Price?

Renting is cheaper right now: about $148 a month less.

Renting
$1,417
Owning
$1,565

Owning assumes a typical $225,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,560 for the down payment.

Frequently asked questions

What is the average rent in Price, UT?

Renting in Price costs a median of about $1,417 a month in 2026, including utilities. The Utah median is $1,832.

How much do I need to make to live in Price?

To keep rent under 30% of income, you need about $56,680 a year, or $27 an hour at a full-time job.

Is Price cheap or expensive?

Price is rated OK: rent takes 29.6% of the typical household income of $57,379. It ranks 17th cheapest of 97 Utah cities we track.

How much are property taxes in Price?

The median homeowner in Price pays $1,438 a year in property taxes, about 0.64% of the median home value.

Is Price 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 Price?

The median home value in Price is $225,600, about 3.9 times the typical yearly household income.

8,248 people live in Price. Numbers are typical (middle) values.