Park City, UT Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
184
Park City's Overall Cost Of Living
1.8x
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:

91 out of 91
In Utah
6,235 out of 6,412
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
For more reading on cost of living around Utah, check out:
Park City Cost of Living Vs. UT

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
Search Homes For Sale In Park City, UT
$1,371,600
Median Home Value
$1,661
Median Rent
$121,701
Median Income

Park City, UT Costs By Category

Detailed Park City Services Costs Vs. Utah

Item Park City Utah
Shampoo $1.03 $1.06
Movie $10.88 $10.68
Bowling $19.37 $14.67
Haircut $22.28 $18.62
Beauty Salon $34.97 $39.05

Detailed Park City Groceries Costs Vs. Utah

Item Park City Utah
Ground Beef $4.06 $4.22
Fried Chicken $1.81 $1.39
Milk $1.73 $2.05
Potatoes $2.47 $3.29
Pizza $11.32 $10.62
Beer $9.08 $9.38
Toothpaste $2.19 $2.34

Detailed Park City Health Costs Vs. Utah

Item Park City Utah
Optometrist $89.78 $108.57
Doctor $107.49 $116.17
Dentist $101.65 $99.13

Detailed Park City Transportation Costs Vs. Utah

Item Park City Utah
Gasoline $2.44 $2.22
Tire Balancing $59.61 $50.07

Detailed Park City Utilities Costs Vs. Utah

Item Park City Utah
All Electricity $134.97 $167.67
Phone $187.8 $175.64

Park City SnackAbility

8
/10
Overall SnackAbility
Jobs
9.5/10
Housing
9.5
Affordability
6
Diversity
8
Safety
5
Amenities
6
Education
9
Commute
9

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