Cost to Own
United StatesUtahSevier CountySalina Population 2,521 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Salina, Utah

A $257,000 home here costs

$1,878

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,321. The real number is $557 higher every month — 42% more than the payment most buyers budget for.

Salina median: $257,200
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $205,600 borrowed $1,321
Property tax0.558% effective rate for Salina itself $120
Homeowners insuranceUtah averages $831/yr (NAIC), or 0.18% of home value $39
Electricity12.96¢/kWh — Utah residential average, EIA $117
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $214
Total monthly $1,878

Salina against Sevier County and Utah

MeasureSalinaSevier County
Median home value$257,200$274,100
Median property tax$1,435$1,513
Effective tax rate0.558%0.552%
Median gross rent$695$878
Population2,52121,854

The weather behind that power bill

Salina sits in Sevier County, which averages a high of 90.4°F in its hottest month and a low of 16.2°F in its coldest, with 7.8" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 519 cooling and 6,071 heating degree days, which is what sets the $117 electricity line above.

See the full climate breakdown for Sevier County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Sevier County

Full Sevier County cost breakdown · Every county in Utah

Common questions

How much does it cost to own a home in Salina?

A $257,000 home in Salina, Utah costs approximately $1,878 per month with 20% down at 6.66%. That is $1,321 principal and interest, $120 property tax, $39 homeowners insurance, $185 utilities and $214 set aside for maintenance.

What is the property tax rate in Salina?

Salina has an effective property tax rate of 0.558%, based on a median home value of $257,200 and median real estate taxes of $1,435. That is in line with the Sevier County average of 0.552%.

What is the average home price in Salina?

The median owner-occupied home value in Salina, Utah is $257,200, against $274,100 across Sevier County.

Is it cheaper to rent or buy in Salina?

Median gross rent in Salina is $695 a month, against $1,878 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Salina — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Utah.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology