M
MortgageMath
Free mortgage calculators for every state

Tooele vs Vernal:
Housing Costs in Utah

Side-by-side comparison of home prices, mortgage payments, and housing costs between Tooele and Vernal, Utah. Using Utah's 0.58% property tax rate and $1,200/year insurance. Updated for 2026.

MetricTooeleVernal
Median Home Price$395K$285K
Population40,87911,124
Average Rent$1,350/mo$1,050/mo
Est. Monthly Mortgage (P&I)$2,247/mo$1,621/mo
Est. Monthly Property Tax$191/mo$138/mo
Est. Monthly Insurance$100/mo$100/mo
Est. Total PITI$2,686/mo$1,966/mo
Price-to-Rent Ratio24.422.6
Verdict

Vernal edges out Tooele in affordability, saving you roughly $720/month on total housing costs. Both cities are in Utah, so property tax rates and insurance costs are the same — the difference comes down to home prices and what you get for your money in each market.

Monthly Payment Comparison

Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI. Uses Utah's 0.58% property tax rate.

Tooele
Home Price$395,000
Down Payment (10%)$39,500
Loan Amount$355,500
Monthly P&I$2,247
Monthly Property Tax$191
Monthly Insurance$100
Monthly PMI$148
Total PITI$2,686/mo
Annual property tax: $2,291
Vernal
Home Price$285,000
Down Payment (10%)$28,500
Loan Amount$256,500
Monthly P&I$1,621
Monthly Property Tax$138
Monthly Insurance$100
Monthly PMI$107
Total PITI$1,966/mo
Annual property tax: $1,653

Buying in Vernal saves you approximately $720/month ($8,640/year) compared to Tooele, based on median home prices with identical loan terms.

Which City Is Better For...

First-Time Buyers

Vernal is the better choice for first-time buyers, with a median price of $285K versus $395K in Tooele. That's $110K less to save for a down payment. You'd need roughly $10K for an FHA 3.5% down payment in Vernal, compared to $14K in Tooele. Utah offers the UHC FirstHome Loan program (Up to 6% DPA second) which applies in both cities.

Real Estate Investment

Vernal has the better price-to-rent ratio at 22.6x versus 24.4x in Tooele. A lower ratio generally signals better rental income relative to purchase price. Average rent in Vernal is $1,050/month on a $285K median home, making it a stronger candidate for buy-and-rent investors.

Families

Tooele (pop. 40,879) offers more amenities, schools, and services typical of a larger city, while Vernal (pop. 11,124) may offer a quieter, more community-oriented lifestyle. Families on a budget may prefer Vernal, where lower housing costs free up more income for childcare, education, and savings.

Income Needed to Afford the Median Home

Tooele
$115K
annual household income
Based on $2,686/mo PITI at 28% DTI
Vernal
$84K
annual household income
Based on $1,966/mo PITI at 28% DTI

Other Cities in Utah

Salt Lake City$525K
Pop. 200,133 · Rent $1,580/mo
Provo$445K
Pop. 115,162 · Rent $1,380/mo
West Jordan$475K
Pop. 116,961 · Rent $1,520/mo
Ogden$365K
Pop. 87,321 · Rent $1,280/mo
St. George$495K
Pop. 95,342 · Rent $1,520/mo
Layton$445K
Pop. 78,014 · Rent $1,450/mo
Logan$375K
Pop. 52,778 · Rent $1,220/mo
Lehi$525K
Pop. 75,907 · Rent $1,620/mo

Explore Utah

Utah Mortgage Guide$480K median →
0.58% tax · $6K closing · $1,200/yr insurance
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Tooele or Vernal.
Rent vs Buy Calculator →
The First-Time Buyer Playbook
Free weekly guide: mortgage tips, market updates, and money-saving strategies. No spam.