Salt Lake City vs St. George
Side-by-side rent vs buy analysis comparing these two markets
Overall Comparison
St. George has an edge
St. George currently favors renting, with better rent-to-price dynamics.
Median Home Price
$558,753.78
Median RentBETTER
$1,606.76/mo
Price-to-Rent Ratio
29.0
Property Tax RateTIE
0.63%
Price Change (1Y)BETTER
+2.2%
Price Change (5Y)BETTER
+10.9%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$423,864
Median Home PriceBETTER
$522,143.46
Median Rent
$1,890.42/mo
Price-to-Rent RatioBETTER
23.0
Property Tax RateTIE
0.63%
Price Change (1Y)
-0.1%
Price Change (5Y)
-0.4%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$331,928
Key Differences
Home Prices
Salt Lake City's median home price of $558,753.78 is higher than St. George's $522,143.46 by 7%.
Monthly Rent
Renting in Salt Lake City costs $1,606.76/mo compared to $1,890.42/mo in St. George—a difference of $283.66/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.
Run Your Own Numbers
This comparison uses median values. Your income, savings, and goals matter. Use our Buy vs Rent calculator to get a personalized analysis.