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Cost of Living in Saratoga Springs, UT

Population 48,425 · Census ACS 2020–2024 5-year estimates

Median rent$2,256
Median home value$605,500
Median household income$128,802

The median rent in Saratoga Springs, UT is $2,256/month, 51% higher than the Utah median and 60% higher than the U.S. median. The median home value is $605,500, 82% higher than the national median. Households earn a median of $128,802 a year, 35% higher than the state median.

Affordability

Rent as a share of median income: 21.0%
Income needed for median rent (30% rule): $90,240/yr
Home price-to-income ratio: 4.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,062/mo

Run your own numbers: mortgage calculator · hourly to salary

Saratoga Springs vs. Utah vs. U.S.

Saratoga SpringsUtahU.S.
Median rent$2,256$1,496$1,413
Median home value$605,500$489,400$332,700
Median household income$128,802$95,166$80,734
Homeownership rate84.5%70.2%65.2%
Bachelor's degree or higher51.7%37.7%35.7%
Poverty rate5.0%8.5%12.5%
Unemployment rate2.7%3.6%5.2%
Work from home26.8%17.6%15.1%
Median age24.032.038.9

FAQ

What is the average rent in Saratoga Springs, UT?

The median gross rent in Saratoga Springs, UT is $2,256 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Saratoga Springs, UT?

Using the common 30% rule, renting a median-priced home takes about $90,240 a year in gross income.

Is Saratoga Springs, UT expensive to live in?

Rent there is 60% higher than the U.S. median, and the median home costs about 4.7 times the median household income.

Other cities in Utah

Salt Lake City, UTRent $1,414 · Income $75,090West Valley City, UTRent $1,504 · Income $92,209West Jordan, UTRent $1,757 · Income $108,153Provo, UTRent $1,193 · Income $64,171St. George, UTRent $1,545 · Income $76,508Orem, UTRent $1,438 · Income $83,342

Cities with a similar cost of living

Odenton, MDRent $2,257 · Income $128,441Rockville, MDRent $2,274 · Income $128,649West Babylon, NYRent $2,225 · Income $129,519Elk Grove, CARent $2,262 · Income $125,924South Pasadena, CARent $2,284 · Income $127,175Apollo Beach, FLRent $2,293 · Income $127,617

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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