States › Utah › Provo

Is Provo, UT expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,37522% lower than U.S. average
💵 Families earn per year (2026)$69,208about $5,767/month · 21% lower than U.S. average
🔑 House price$467,20040% higher than U.S. average

Provo is the 4th-largest city in Utah that we track, with 114,766 residents. Rent is lower than in 65% of U.S. cities. A typical house costs about 6.8 years of household income, so buying is hard for most locals. Commutes are short, about 18.4 minutes. Most households rent (61%), so there are plenty of rental options.

How much money do I need?

To rent here comfortably, you should earn about $55,000 a year. That is $26 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 14 of 97 cities from cheapest to most expensive.

Provo
$1,375
$1,498
$1,884
$1,607

How much do households earn in Provo?

Under $25k
15.2%
$25k–50k
26.7%
$50k–100k
31.4%
$100k–150k
13.2%
$150k+
8.4%

Share of households by yearly income. 21.6% of households earn $100,000 or more.

Rent by apartment size in Provo

SizeProvoU.S. average
Studio$1,129$1,338
1 bedroom$1,098$1,324
2 bedrooms$1,233$1,509
3 bedrooms$1,605$1,698
4 bedrooms$1,777$2,098

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

How expensive is Provo overall?

Everyday prices in the Provo-Orem-Lehi metro area are 2% below the U.S. average (index 98.2, U.S. = 100).

Housing
104
Goods (food, clothes…)
96
Utilities
79
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Provo

🏛️ Property tax$2,297a year · 0.49% of home value · U.S. $3,119
⚡ Electric bill$97a month (typical) · U.S. $156

Life in Provo

Commute to work18.4 minU.S.: 26.4 min
College degree45.2%U.S.: 35.7%
Own their home39.4%U.S.: 65.2%
Below poverty line23%U.S.: 12.5%
Unemployment5.1%U.S.: 5.2%

What jobs pay in Provo

JobMedian payRent / pay
Pharmacist$139,98011.8%
Physician Assistant$134,49012.3%
Nurse Practitioner$133,86012.3%
Software Developer$131,21012.6%
Lawyer$130,37012.7%
Computer Systems Analyst$98,97016.7%
Operations Manager$95,79017.2%
Dental Hygienist$92,00017.9%
Civil Engineer$84,18019.6%
Registered Nurse$81,78020.2%
Police Officer$76,29021.6%
Accountant$75,70021.8%
Licensed Practical Nurse$64,32025.7%
Market Research Analyst$62,96026.2%
Elementary School Teacher$62,93026.2%
Electrician$60,86027.1%
Truck Driver$59,82027.6%
Plumber$57,13028.9%
Carpenter$53,23031.0%
HVAC Technician$48,93033.7%
Medical Assistant$43,73037.7%
Customer Service Representative$39,56041.7%
Nursing Assistant$39,23042.1%
Warehouse Worker$37,60043.9%
Firefighter$37,11044.5%
Restaurant Cook$36,54045.2%
Retail Salesperson$33,12049.8%
Cashier$31,60052.2%
Server (Waiter/Waitress)$30,49054.1%

Is it cheaper to rent or buy in Provo?

Renting is cheaper right now: about $1,867 a month less.

Renting
$1,375
Owning
$3,242

Owning assumes a typical $467,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $46,720 for the down payment.

Frequently asked questions

What is the average rent in Provo, UT?

Renting in Provo costs a median of about $1,375 a month in 2026, including utilities. The Utah median is $1,832.

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

To keep rent under 30% of income, you need about $55,000 a year, or $26 an hour at a full-time job.

Is Provo cheap or expensive?

Provo is rated OK: rent takes 23.8% of the typical household income of $69,208. It ranks 14th cheapest of 97 Utah cities we track.

How much are property taxes in Provo?

The median homeowner in Provo pays $2,297 a year in property taxes, about 0.49% of the median home value.

Is Provo more expensive than the national average?

Overall prices in the metro area are 2% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Provo?

The median home value in Provo is $467,200, about 6.8 times the typical yearly household income.

114,766 people live in Provo. Numbers are typical (middle) values.