Park City, UT Cost Of Living
Cost Of Living In Park City, UT Summary
Cost of living in Park City research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Park City is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Utah, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Park City is 184, with 100 being the average.
The cost of living index in Park City is 1.8x higher than the national average.
Park City ranks as the #91 cheapest in Utah out of 91.
Park City ranks as the #6,235 cheapest out of 6,412 in the US.
The median home value in Park City is $1,371,600.
The median income in Park City is $121,701.
Table Of Contents
Park City's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Park City, UT?
According to the most recent data on the cost of living, Park City has an overall cost of living index of 184, which is 1.8x higher than the national index of 100.
Compared to Utah, Park City has a cost of living index that's 1.8x higher than Utah's index of 102.
The standard of living in Park City ranks as #91 most affordable out of the 91 places we measured in Utah. By definition, that implies Park City ranks as the #0 most expensive place in the Beehive State.
For more reading on life in Park City, check out:
- Living In Park City
- Park City Crime Report
- Search Homes For Sale In Park City, UT
In Utah
In America
Park City Cost Of Living Vs. Utah
Six factors go into calculating the cost of living index in Park City. Here is how it fairs on each of the criteria:
The Services index in Park City is 102.
The Groceries index in Park City is 101.
The Health index in Park City is 100.
The Housing index in Park City is 370.
The Transportation index in Park City is 114.
The Utilities index in Park City is 90.
| Living Expense | Park City | Utah | National Average | |
|---|---|---|---|---|
| Overall | 184 | 102 | 100 | |
| Services | 102 | 101 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 100 | 90 | 100 | |
| Housing | 370 | 109 | 100 | |
| Transportation | 114 | 105 | 100 | |
| Utilities | 90 | 93 | 100 | |
Park City, UT Housing Cost Breakdown
Housing swings affordability the most between places in Utah, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Park City is $1,371,600.
The Median Rent in Park City is $1,661.
The Median Income in Park City is $121,701.
The Home Value To Income in Park City is 11.3x.
The Rent To Monthly Income in Park City is 0.16x.
| Statistic | Park City | Utah | United States |
|---|---|---|---|
| Median Home Value | $1,371,600 | $339,700 | $244,900 |
| Median Rent | $1,661 | $1,171 | $1,163 |
| Median Income | $121,701 | $79,133 | $69,021 |
| Home Value To Income | 11.3x | 4.3x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Park City, UT Costs By Category
Detailed Park City Services Costs Vs. Utah
Detailed Park City Groceries Costs Vs. Utah
Detailed Park City Health Costs Vs. Utah
Detailed Park City Transportation Costs Vs. Utah
Detailed Park City Utilities Costs Vs. Utah
Park City SnackAbility
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