Median rent is 34% lower in Provo ($1,193/mo vs $1,821/mo). Buying is cheaper in Provo, where the median home runs $467,200 versus $777,600. Households earn more in New York ($80,483 vs $64,171 a year). Taken together, Provo is the more affordable choice with a cost index of 88.6 against 112.6 — about 21% lower overall prices.
Cost of living verdict
Provo is 21% cheaper overall
Cost of Living Index: 88.6 in Provo vs 112.6 in New York (US national 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
$58,985
You could earn $16,015 less (21% lower) and break even.
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
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: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Provo — median rent of $1,193/mo versus $1,821/mo in New York, a 34% difference. Home buyers face a steeper market in New York: the median home is $777,600 versus $467,200 in Provo — 40% more expensive.
Metric
New York
Provo
Software Developer
Registered Nurse
Elementary Teacher
Electrician
Accountant
Higher wage highlighted · BLS OEWS 2023 (metro-level data)
State tax data is not yet available for these cities.
New York
Income tax: N/A
Sales tax: N/A
Provo
Income tax: N/A
Sales tax: N/A
Air quality data is available for New York (avg AQI 46.0) but not yet for Provo.
Pick Provo if you prioritize lower overall cost of living (index 88.6 vs 112.6).
Pick New York if you prioritize higher median household income ($80,483/yr).
Pick Provo if you prioritize cheaper rent ($1,193/mo median).
Provo is cheaper overall, with a cost of living index of 88.6 versus 112.6 (US average = 100). That means prices run about 21% lower in Provo.
Median rent is $1,821/mo in New York, NY and $1,193/mo in Provo, UT. Provo, UT has the lower rent by about 34%.
Median household income is $80,483 in New York, NY and $64,171 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.
Air quality data is not yet available for one or both cities.
State tax data is not yet available for one or both cities.
To maintain the same purchasing power, a salary of $100,000 in New York, NY is equivalent to roughly $78,647 in Provo, UT (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
