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Magna metro, UT

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
91
Average
Median Home Value
$341,400
National: $426,735
Median Rent
$1,623/mo
National: $1,527/mo
Household Income
$87,516
National: $84,532
Population
29,488
Purchasing Power
114
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
80 / 100
100 = national average
Rent Index
106 / 100
Overall Index
91
Average

Magna metro Mortgage Calculator

Pre-filled with the local median home value of $341,400 and Utah's property tax rate of 0.58%.

Salary & Purchasing Power

Median household income is $87,516 4% above the national average.

What $87,516 in Magna metro Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$145,219+66%
Los Angeles, CA$163,491+87%
Chicago, IL$77,899-11%
Houston, TX$68,282-22%

Property Tax in Magna metro, UT

Est. Annual Property Tax
$1,980
Monthly Impact
$165
Added to your mortgage
Effective Rate
0.58%
National avg: ~1.00%

Utah Tax Overview

Tax TypeUtahNational Avg
Property Tax Rate0.58%1.00%
Top Income Tax Rate4.65%~5.0%
State Sales Tax7.19%~5.0%

Compare Magna metro to Another City

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Cost of Living Comparison

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Magna metro, UT
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Magna metro, UT: 80
Rent Prices
106
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR