City Comparison

Meridian vs Provo

Cost of Living Comparison · 2026

Meridian

Idaho
120
Above Average
$509,000
Median Home
$1,725/mo
Median Rent
$99,700
Median Income

Provo

Utah
104
Average
$380,000
Median Home
$1,300/mo
Median Rent
$51,048
Median Income

The Verdict

15.4%

The cost gap between these cities is 15.4%, with Provo being the more affordable option. A $75,000 income in Meridian has equivalent purchasing power to $65,000 in Provo.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
154
Meridian
112
Provo
Groceries
104
Meridian
98
Provo
Utilities
86
Meridian
87
Provo
Transportation
113
Meridian
101
Provo
Healthcare
103
Meridian
97
Provo

Salary Equivalence

A $75,000 salary in Meridian has the same purchasing power as $65,000 in Provo.

Conversely, $75,000 in Provo equals $86,538 in Meridian.

Living in Meridian vs Provo

Housing Costs

Meridian's housing index of 154 is higher Provo's 112, translating to median home prices of $509,000 vs $380,000. The $129,000 difference in home prices means roughly $8,388 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,725/mo in Meridian compared to $1,300/mo in Provo, a monthly difference of $425.

Grocery & Food Costs

Grocery expenses index at 104 in Meridian and 98 in Provo. A household spending the national average of $475/month on groceries would pay approximately $494/month in Meridian vs $466/month in Provo. Provo offers a meaningful advantage on everyday food costs, saving roughly $336/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 86 in Meridian and 87 in Provo. Monthly utility bills average approximately $344 in Meridian vs $348 in Provo. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 103 in Meridian and 97 in Provo. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $99,700 in Meridian and $51,048 in Provo. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $83,083 and $49,085 respectively. Meridian residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,326/month to housing in Meridian vs $1,191/month in Provo. In Meridian, median rent of $1,725/mo fits within this budget. In Provo, median rent of $1,300/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 42 index points — focus your budget analysis there.

Frequently Asked Questions

Provo is 15.4% more affordable overall with an index of 104 vs 120.
A $75,000 salary in Meridian has equivalent purchasing power to approximately $65,000 in Provo, based on the cost of living difference.
Meridian's housing index is 154 with median homes at $509,000, while Provo's is 112 with median homes at $380,000.

Moving & Relocation Resources

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