Median rent is 35% lower in Provo ($1,152/mo vs $1,779/mo). Buying is cheaper in Provo, where the median home runs $437,100 versus $751,700. Households earn more in New York ($79,713 vs $62,800 a year). Taken together, Provo is the more affordable choice with a cost index of 87.3 against 113.0 — about 23% lower overall prices.
Quick verdict
Provo is 23% cheaper overall
Cost index: 87.3 in Provo vs 113.0 in New York (US average = 100)
City A
New York, NY
City B
Provo, UT
How much would you need to earn in Provo, UT to maintain your standard of living from New York, NY?
Equivalent salary in Provo, UT
$57,961
You could earn $17,039 less (23% lower) and break even.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
New York
New York
Provo
Utah
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Provo — median rent of $1,152/mo versus $1,779/mo in New York, a 35% difference. Home buyers face a steeper market in New York: the median home is $751,700 versus $437,100 in Provo — 42% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
New York's top income tax rate is 10.90% versus 4.65% in Utah, so Provo is more tax-friendly for high earners. Sales tax is 4.00% in New York and 4.85% in Utah; New York has the lower rate (local add-ons may apply in both).
New York
Income tax: 10.90%
Sales tax: 4.00%
Provo
Income tax: 4.65%
Sales tax: 4.85%
Air quality data is available for New York (avg AQI 61.0) but not yet for Provo.
Pick Provo if you prioritize lower overall cost of living (index 87.3 vs 113.0).
Pick New York if you prioritize higher median household income ($79,713/yr).
Pick Provo if you prioritize cheaper rent ($1,152/mo median).
Pick Provo if you prioritize lower state income tax (4.65%).
Is New York cheaper than Provo?
Provo is cheaper overall, with a cost of living index of 87.3 versus 113.0 (US average = 100). That means prices run about 23% lower in Provo.
How much is rent in New York vs Provo?
Median rent is $1,779/mo in New York, NY and $1,152/mo in Provo, UT. Provo, UT has the lower rent by about 35%.
Which has higher salaries — New York or Provo?
Median household income is $79,713 in New York, NY and $62,800 in Provo, UT. New York, NY has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — New York or Provo?
New York's top income tax rate is 10.90% and Utah's is 4.65%. Provo, UT has the lower rate.
What salary do I need in Provo to match my New York income?
To maintain the same purchasing power, a salary of $100,000 in New York, NY is equivalent to roughly $77,281 in Provo, UT (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology