Cost of Living in Provo-Orem-Lehi, UT

How far does a $70,000 salary go in Provo-Orem-Lehi? Estimated income taxes on that gross salary total approximately $10,496 per year — combining federal taxes with Utah's state income tax. Subtract rent for a 2-bedroom apartment ($1,460/month based on HUD Fair Market Rents for the Provo-Orem-Lehi metro area) and the estimated annual take-home is $41,984, or roughly $3,499 per month for everything else: food, transportation, savings, and discretionary spending.

The Provo-Orem-Lehi metro has a cost of living index of 107.3 according to the Bureau of Economic Analysis Regional Price Parities (national average = 100). This puts Provo-Orem-Lehi modestly above the national average on everyday expenses beyond rent.

At a $70,000 salary, the estimated 2-bedroom rent in Provo-Orem-Lehi represents approximately 25% of gross income. That approaches the 30% threshold commonly used to define affordability. A smaller unit or a higher salary would improve the picture.