Utah ranked No. 10 in a national study of states with the highest housing costs.
Housing expenses in Utah take up 31.71% of the median monthly income.
This may surprise residents, as home prices have surged since the COVID-19 pandemic began.
Many prospective homeowners have been impacted by rising prices and fluctuating interest rates.
The ranking considered mortgage payments, rent, and home energy costs to assess housing burden.
Over 31% of Income Goes to Housing in Utah
