Housing costs in Magna?
A typical home costs
$406,000, which is 20.1% more expensive than the national average of
$338,100 and 20.5% less expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Magna costs
$1,530 per month, which is 19.5% more than the national average of
$1,280 and 3.3% more than the state average of
$1,480.
Can I afford Magna?
To live comfortably in Magna (zip 84044), Utah, a minimum annual income of
$77,760 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Magna?
The cost of living in 84044 Magna, UT is relatively low when compared to other parts of the country. According to the most recent data from the US Census Bureau, the median household income for this zip code comes out to around $75,500. Meanwhile, the median home value in 84044 Magna is around $261,600 and median monthly rent costs about $1,282. The area's consumer price index (CPI) is also lower than the national average by about 2%, making it a more affordable place to live overall.