Providence, UT Cost Of Living

The latest cost of living statistics for Providence. Includes statistics on rent, mortgages, healthcare, and other costs for Providence compared to the state and national averages.

Cost of living in Providence, Utah

Cost of living in Providence 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 Providence 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:

121 Cost of living index 1.2x higher vs US
#55 Cheapest in Utah (of 93)
#4,405 Cheapest in the U.S. (of 6,489)
$527,895 Median home value
$1,560 Median rent
$118,072 Median income
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What is the cost of living in Providence, UT?

According to the most recent data on the cost of living, Providence has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.

Compared to Utah, Providence has a cost of living index that's 1.1x higher than Utah's index of 106.

The standard of living in Providence ranks as #55 most affordable out of the 93 places we measured in Utah. By definition, that implies Providence ranks as the #38 most expensive place in the Beehive State.

For more reading on life in Providence, check out:

Providence Cost Of Living Vs. Utah

Six factors go into calculating the cost of living index in Providence. Here is how it fares on each of the criteria:

  • The Services index in Providence is 98.

  • The Groceries index in Providence is 97.

  • The Health index in Providence is 160.

  • The Housing index in Providence is 101.

  • The Transportation index in Providence is 100.

  • The Utilities index in Providence is 105.

Living Expense Providence Utah National Average
Overall 121 106 100
Services 98 100 100
Groceries 97 101 100
Health 160 111 100
Housing 101 103 100
Transportation 100 103 100
Utilities 105 103 100

Providence Cost Of Living Compared To Utah Averages

Services
Providence 98
Utah avg 100
Groceries
Providence 97
Utah avg 101
Health
Providence 160
Utah avg 111
Housing
Providence 101
Utah avg 103
Transportation
Providence 100
Utah avg 103
Utilities
Providence 105
Utah avg 103

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Utah, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Providence, UT Housing Cost Breakdown

$527,895Median Home Value
$1,560Median Rent
$118,072Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Providence is $527,895.

  • The Median Rent in Providence is $1,560.

  • The Median Income in Providence is $118,072.

  • The Home Value To Income in Providence is 4.5x.

  • The Rent To Monthly Income in Providence is 0.16x.

Statistic Providence Utah United States
Median Home Value $527,895 $537,809 $332,700
Median Rent $1,560 $1,496 $1,413
Median Income $118,072 $95,166 $80,734
Home Value To Income 4.5x 5.7x 4.1x
Rent To Monthly Income 0.16x 0.19x 0.21x

Providence, UT Costs By Category

Detailed Providence Services costs vs. Utah
Item Providence Utah
Shampoo $1.17 $1.28
Movie $11.2 $12.13
Bowling $16.97 $18
Haircut $21.35 $24.26
Beauty Salon $52.17 $45.56
Detailed Providence Groceries costs vs. Utah
Item Providence Utah
Ground Beef $6.18 $5.84
Fried Chicken $1.42 $1.57
Milk $4.68 $4.67
Potatoes $4.61 $4.93
Pizza $11.99 $12.09
Beer $11.03 $10.41
Toothpaste $3.64 $3.7
Detailed Providence Health costs vs. Utah
Item Providence Utah
Optometrist $113.53 $125.68
Doctor $125.51 $135.78
Dentist $77.37 $113.29
Detailed Providence Transportation costs vs. Utah
Item Providence Utah
Gasoline $3.51 $3.46
Tire Balancing $58.77 $59.92
Detailed Providence Utilities costs vs. Utah
Item Providence Utah
All Electricity $176.12 $193.99
Phone $192.69 $192.25

Providence SnackAbility

7Overall SnackAbility
Jobs 8.5/10
Housing 8.5/10
Affordability 7/10
Diversity 6/10
SafetyN/A
Amenities 8.5/10
Education 9/10
Commute 9/10

Cost Of Living In Cities Around Providence

The cost of living varies in the cities and towns around Providence. Here's a quick look at the cost of living in the most populous nearby places:

  • Plano, TX has a cost of living index of 120, 1.0x Providence.

  • Frisco, TX has a cost of living index of 133, 1.1x Providence.

  • McKinney, TX has a cost of living index of 122, 1.0x Providence.

City Population Cost Of Living Vs. Providence
Plano, TX 290,594 120 1.0x
Frisco, TX 219,304 133 1.1x
McKinney, TX 210,600 122 1.0x
Carrollton, TX 133,740 113 0.9x
Lewisville, TX 131,080 108 0.9x
Allen, TX 110,265 120 1.0x
Flower Mound, TX 78,389 128 1.1x
Little Elm, TX 54,820 118 1.0x
The Colony, TX 45,454 111 0.9x
Coppell, TX 42,154 132 1.1x