Cost of Living in Midway, Utah: Live & Move to Midway, UT

Understanding the Cost of Living in Midway Utah

Overview of Cost of Living Data

Spend an afternoon roaming Midway UT—maybe down Main Street for pastries at one of the tucked-away bakeries—and you’ll notice prices feel more Park City than Provo.

The overall cost of living in Midway comes in about 26 percent above the national average according to BestPlaces (score 126.4) and even higher on AreaVibes (index 153, where the national average of 100 is the benchmark). Those scores bundle everything from housing and groceries to gas and healthcare, so they’re a handy snapshot if you’re weighing a move to Midway and want a quick affordability gut-check. 

Housing Expenses in Midway

Average Rent in Midway

Renting a home in Midway isn’t exactly bargain hunting. According to Zumper.com, a typical two-bedroom runs around $2,500 a month, way above Utah’s statewide median and the national number. 

That premium buys quiet neighborhoods in Midway, Wasatch views, and close proximity to ski resorts like Deer Valley, but it also means young professionals often look west of Heber City or even south toward Provo for the lowest cost of living apartments.

Home Prices and Real Estate Market

Looking at Midway Utah real estate listings feels like scrolling a luxury catalog: the median home value sits near $993,000, with half-acre lots and timber-frame chalets pushing seven figures on Zillow.

Realtor.com pegs the median listing price just shy of a cool million, and that’s after the slight 2025 cooling. Still, homes for sale in Midway rarely linger; proximity to Park City (about 20 minutes from Salt Lake City International Airport) and an “ideal place” vibe keep demand strong.

Comparing Housing Costs with Nearby Cities

Midway’s median home price eclipses those in Heber City by roughly $400K and beats Provo’s median by nearly $600K. Even Park City—seven miles south of Park City Mountain Resort’s Canyons Village base—is pricier, but not by much these days.

If affordability tops your list, check neighborhoods in Midway farther from the golf courses or compare typical home prices in Wasatch County’s fringe towns where you’ll still enjoy the Wasatch Mountains scenery without paying Deer Valley premiums.

Utilities and Other Monthly Expenses

Utility Costs in Midway

Utah residents enjoy some of the country’s cheaper power rates: about 12.4 cents per kWh versus the U.S. average 16.4.

That helps offset those high mortgage payments when winter storms roll off the Wasatch peaks. Pair inexpensive electricity with relatively low natural-gas and water fees, and most residents of Midway spend less on utilities than friends back East—even if the weather in Midway means heating a bigger mountain-style home. 

Transportation Expenses

Fuel is a budget wildcard. Regular gasoline in Utah averaged $3.26 in early June 2025 (national: $3.12).

Midway commuters often drive to Salt Lake City, Provo, or Heber City, so monthly transportation costs can mount unless you carpool or work remotely. There’s no light-rail stop here, but you’re only minutes from U.S. 40 and I-80, putting the whole Wasatch Front within reach. 

Health Care and Grocery Costs

Health-care premiums and out-of-pocket costs track just a hair above the national average, while the BestPlaces grocery index lands at 99, meaning a loaf of bread or fresh peaches from local farm stands is actually lower than the national average price point.

So yes, you’ll splurge on artisan cheese at one of the restaurants in Midway, but pantry staples stay reasonable.

Income and Salary Considerations

Average Salary in Midway

Wasatch County’s median household income sits at roughly $115,000, comfortably outpacing the U.S. median income by more than $30K.

Many jobs tie to tourism—think ski resorts, guide outfits, and boutique hotels—or remote work that taps the Salt Lake and Provo tech hubs. That pay level helps locals live comfortably despite higher housing costs.

Tax Rates and Financial Implications

The state of Utah levies a flat 4.55 percent income tax, noticeably lower than California or Colorado, and sales tax in Wasatch County is 7.15 percent. Property tax is calculated by county millage but remains middle-of-the-pack relative to national averages. Combined, that tax picture boosts Midway’s affordability compared with other upscale mountain towns.

Using a Cost of Living Calculator

Before you move to Midway plug numbers into a UT cost of living calculator: drop your salary, add expected mortgage or rent, and the tool will spit out how far your paycheck stretches versus the national average of 100.

Factor in utility savings, gas costs, and maybe a season pass at Soldier Hollow Nordic Center, then decide if Midway is a great place to live for your priorities.

Living Comfortably in Midway

Budgeting for a Comfortable Lifestyle

Locals joke that the true “living wage” is a good mountain bike and enough PTO for powder days, but dollars matter.

A couple earning that median household income can cover a typical home loan, $300 monthly utilities, and still have room for dinners along Provo River or weekend mountain biking in Wasatch Mountain State Park.

Affordable Living Tips

Choose neighborhoods in Midway just west of Heber City for slightly lower home value numbers, or consider renting a home in nearby Charleston until you build equity.

Buying when the market dips (and interest rates stabilize) can shave thousands off lifetime housing expenses. Growing your own veggies reduces the cost of groceries and taps the town’s agricultural roots.

Future Trends for Midway Residents

Midway is a great small town in Utah—population roughly 6,000—and Wasatch School District keeps adding classrooms as families settle in.

Forecasts point to steady but modest appreciation, not the runaway spikes of 2021. Expect more restaurants in Midway, expanded trail networks, and maybe even lower property taxes if new commercial development spreads the burden.

Whether you’re charting a map of Midway to scout neighborhoods, hunting for the lowest cost of living pocket in a town in Utah that still lets you ski before work, or just curious about things to do in Midway, this guide to living should give you the numbers—and local color—you need to decide if moving to Midway Utah makes sense for your wallet and your weekend plans.

FAQs About the Cost of Living in Midway, UT

Is Midway more expensive than the national average?

Yes. Housing pushes overall costs above the national average, though groceries and utilities can be lower than the national benchmarks, so the final tally depends on your lifestyle.

What’s the median home price right now?

Spring 2025 data shows the median home hovering near $993,000—nearly three times the U.S. figure—thanks to new luxury builds and tight land supply.

How does Midway compare with Park City and Heber City?

Home prices sit just under Park City but well above Heber City. Gas, groceries, and utilities track similarly across the Wasatch Back.

Can I still find affordable neighborhoods in Midway?

Look toward older subdivisions on the valley floor or townhomes near the Wasatch Mountains foothills; they often list at 10-15 percent lower than golf-course enclaves and are still only miles south of Park City and minutes from Salt Lake City.