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Metro cost profile · 2024 BEA RPP

Provo-Orem-Lehi, UT

Cost-of-living indicators for Provo-Orem-Lehi, UT, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.

98.2
Overall RPP
#110
of 387 metros
104.1
Rents RPP
$102K
$100K national buys

Provo ranks #110 of 387 U.S. metros by cost, and its overall price index has held steady since 2008.

  • stable since 2008
  • similar cost to Prescott Valley-Prescott

The verdict

Provo costs less than 28% of U.S. metros, an overall index of 98.2, 1.8% below the national average, with services the biggest swing at 78.6.

bottom 72%
by overall cost, nationwide
96.4
goods RPP, tradable items
78.6
services RPP, labor-priced

A $100,000 national salary carries the purchasing power of about $101,800 here; matching a $100K lifestyle takes roughly $98,232.

Service-cost relief profile

How Provo's cost structure works

Services provide the strongest cost offset in Provo: their index is 78.6, farther below the national baseline than rents or tradable goods. The overall RPP of 98.2 therefore has a different source than a place with cheaper housing instead.

Across all reported metros, the closest component-profile matches are Santa Fe, NM, Midland, TX, St. George, UT. They resemble Provo across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.

Across 2008-2024, Provo's overall index has stayed within 1.1 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.

Provo vs every U.S. metro

Where this metro sits in the national cost distribution

98 Top 28% higher than 72% of 387 US metros

80–84: 3 US metros (1%). Below this entry. 84–88: 48 US metros (12%). Below this entry. 88–92: 94 US metros (24%). Below this entry. 92–96: 97 US metros (25%). Below this entry. 96–100: 55 US metros (14%). This entry sits in this band. 100–104: 54 US metros (14%). Above this entry. 104–108: 17 US metros (4%). Above this entry. 108–112: 14 US metros (4%). Above this entry. 112–116: 5 US metros (1%). Above this entry. 116–120: 0 US metros (0%). Above this entry. This metro 80 120 every US metro, bucketed by value

Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024

Provo cost breakdown

BEA RPP by category, 100 = national average

RPP

What this shows Provo's strongest departure is services at 78.6; rents follows at 104.1. Labor-priced local activity, rather than housing alone, is the first budget line to investigate.

Source U.S. Bureau of Economic Analysis, Regional Price Parities As of 2024

Goods vs. housing, where Provo's cost comes from

Metros near Provo's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.

Crosshairs sit at the group median (goods 96.4, rents 101.6). Provo is above the peer median on both rents and goods. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024. 2×2 strategic matrix plotting 7 entities by Goods RPP (tradable items) → (X) and Rents RPP (housing) → (Y), with a crosshair dividing the plot into four quadrants. Pricier on bothMore housing-ledMore goods-ledCheaper on both 949698100102104106 708090100110 Goods RPP (tradable items) → Rents RPP (housing) → ProvoPrescott ValleyLancasterMercedCoeur d'AleneRaleighSebastian
Crosshairs sit at the group median (goods 96.4, rents 101.6). Provo is above the peer median on both rents and goods. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.
Read the chart as text
  • Provo (Provo, this metro): goods RPP 96.4, rents RPP 104.1
  • Prescott Valley: goods RPP 96.2, rents RPP 98.8
  • Lancaster: goods RPP 100.7, rents RPP 93.8
  • Merced: goods RPP 105.2, rents RPP 78.6
  • Coeur d'Alene: goods RPP 96.2, rents RPP 105.6
  • Raleigh: goods RPP 96.6, rents RPP 103.5
  • Sebastian: goods RPP 96.2, rents RPP 101.6

Price Index Summary

Overall

98.2

Below avg

Goods

96.4

Below avg

Services

78.6

Cheap

Rents

104.1

Above avg

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 1.1 points over this period. The largest single-year move was in 2009, when the index jumped 5.1 points from the year before, a bigger swing than the full 2008-2024 change.

Provo overall RPP, 2008-2024

Every year on record, national average = 100

Stable
9095100105 20082024 97.1 98.2 ▲ +1.1%
Year Overall
2008 97.1
2009 102.3
2010 98.9
2011 100.8
2012 100.4
2013 100.0
2014 98.1
2015 97.8
2016 97.0
2017 99.3
2018 96.7
2019 98.2
2020 94.8
2021 95.7
2022 94.9
2023 95.7
2024 98.2

Latest BEA release change

What changed from 2023 to 2024

Provo's overall RPP rose +2.5 points, from 95.7 in 2023 to 98.2 in 2024. The largest category movement was services, changing from 72.8 to 78.6. This is a relative change against the national benchmark, not a household's dollar bill.

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$98,232

in Provo-Orem-Lehi, UT purchasing power

$50,000 nationally
$49,116
$75,000 nationally
$73,674
$125,000 nationally
$122,790
$150,000 nationally
$147,348
$200,000 nationally
$196,464

Use the salary calculator for custom amounts.

Affordability score

F
21/100

How far the median local paycheck goes here, combining income and housing cost

Purchasing power
Not reported
Housing affordability F
21st percentile

A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.

Decision peers

Metros with a similar cost mix

These metros are closest to Provo's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.

UT-relative analysis

Goods prices places Provo-Orem-Lehi, UT toward the bottom of UT's metros

Among the 5 UT metros PlainCost tracks with reported goods prices data, Provo-Orem-Lehi, UT ranks #1 - the 20th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares Provo-Orem-Lehi, UT only against its own state's metros, not the full US field.

Goods prices
#1 of 5
20th percentile in UT
Services prices
#3 of 5
40th percentile in UT
Rent prices
#3 of 5
40th percentile in UT

Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within UT only, not a livability score.

Nationwide metros with similar overall cost or rent prices

Two BEA RPP-derived peer sets for Provo-Orem-Lehi, UT: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.

Metros with Similar Cost of Living

These metros have an overall RPP closest to Provo-Orem-Lehi, UT's index of 98.2.

Showing the 6 closest of 387 metro areas tracked nationally.

Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.

Shareable PlainCost cost snapshot for Provo cost of living snapshot

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What this means for Provo

How to read Provo's cost of living before a move, a job offer, or a budget.

  • Budget to local prices, not headline pay, a $100K national salary spends like about $101,800 in Provo. Salary calculator
  • Start with services: it indexes at 78.6, the largest departure from the national benchmark in this metro's BEA cost mix. Compare it with the other components before treating the overall RPP as a complete household budget.
  • Compare Provo head-to-head against a specific destination before you decide. Compare metros

RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.

Frequently Asked Questions

What is the cost of living in Provo-Orem-Lehi, UT?

Provo-Orem-Lehi, UT has a Regional Price Parity (RPP) index of 98.2, meaning it is 1.8% less expensive than the national average. Goods are indexed at 96.4, services at 78.6, and rents at 104.1. It ranks #110 out of 387 U.S. metro areas by overall cost.

What salary do I need in Provo-Orem-Lehi, UT to match $100K nationally?

To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $98,232 in Provo-Orem-Lehi, UT. Conversely, $100K earned in Provo-Orem-Lehi, UT has the purchasing power of $101,800 at the national average.

How expensive is rent in Provo-Orem-Lehi, UT?

Rents in Provo-Orem-Lehi, UT are indexed at 104.1, which is 4.1% above the national average. This is close to the U.S. average.

Is Provo-Orem-Lehi, UT getting more expensive?

From 2008 to 2024, Provo-Orem-Lehi, UT's overall cost index changed by +1.1 points (from 97.1 to 98.2). The cost of living has remained relatively stable.

What costs the most in Provo-Orem-Lehi, UT?

The priciest category in Provo-Orem-Lehi, UT is rents at 104.1, 4.1% above the national average. The most affordable category is services at 78.6, 21.4% below average.

What metros have a similar cost of living to Provo-Orem-Lehi, UT?

Metros with the most similar overall cost index include Prescott Valley-Prescott, Lancaster, Merced. These areas have RPP values within a few points of Provo-Orem-Lehi, UT's 98.2.

Data sourced from official public datasets, Regional Price Parities by Metropolitan Statistical Area (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.