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Salt Lake City, UT Cost of Living Calculator

Prices in the Salt Lake City, UT area are 0.9% above the US average, and housing 23.3% above (BEA, 2024). Compare a salary here with anywhere else.

Prices in an average US city are 0.9% lower than in Salt Lake City, UT, so $75,000 in Salt Lake City, UT buys what $74,331 buys in an average US city.

The same living standard in an average US city
$74,331
Prices overall
-0.9%
Housing costs
-18.9%

Salt Lake City, UT price levels by category (US average = 100)

CategoryPrice levelAgainst the US
All items100.90.9% above
Housing123.323.3% above
Goods96.43.6% below
Utilities79.021.0% below
Other services99.01.0% below

What $75,000 in Salt Lake City, UT equals in other large metros

Metro areaEquivalent salaryPrices
New York, NY$83,69711.6%
Los Angeles, CA$84,44012.6%
Chicago, IL$77,0072.7%
Dallas, TX$76,6352.2%
Houston, TX$73,290−2.3%
Washington, DC$80,9467.9%
Philadelphia, PA$76,2641.7%
Atlanta, GA$74,405−0.8%
Miami, FL$84,88613.2%
Phoenix, AZ$76,7842.4%

How this calculator works

BEA regional price parities for the Salt Lake City-Murray, UT metropolitan area, 2024: the price of the same basket of goods and services against the US average (100). Equivalent salaries scale by the ratio of the two areas' price levels.

What it assumes

  • Before tax, and averaged across the whole metro area.

Questions people ask

Is Salt Lake City expensive to live in?

Overall prices are 0.9% above the US average; housing is 23.3% above.

What salary do I need in Salt Lake City, UT?

To match $75,000 in an average-cost place, about $75,675. The area's median household income is $98,083.

How much is rent in Salt Lake City, UT?

The median gross rent (including utilities) is $1,583 a month (Census American Community Survey 2020–2024 5-year estimates).

How does Salt Lake City, UT compare with New York?

New York prices are 11.6% relative to Salt Lake City, UT: $75,000 here equals $83,697 there.

Nearby and large metro areas

Related calculators

  • Cost of Living CalculatorWhat salary in another city gives you the same standard of living, from the Bureau of Economic Analysis's 2024 price levels for 193 metro areas.
  • Salt Lake City, UT Rent Affordability CalculatorThe median rent in the Salt Lake City, UT area is $1,583 a month including utilities, which takes 19% of the median household income ($98,083). Paying it on 30% of income needs about $63,320 a year.
  • Paycheck CalculatorWhat you take home from each paycheck after federal income tax, Social Security, Medicare and state income tax, with 2026 tax rates for every state.

Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.