Cost of Living in Salt Lake City, UT
2024 data from the Bureau of Economic Analysis
Cost Index
100.9
0.9% above avg
Housing Index
123.3
Median Income
$90,277
Median Rent
$1,386/mo
Cost Breakdown
Overall100.9 (+0.9%)
Housing123.3 (+23.3%)
Goods96.4 (-3.6%)
Utilities79.0 (-21.0%)
Other Services99.0 (-1.0%)
National average = 100
Income & Housing
Median Household Income
$90,277/year
Median Home Value
$434,300
Median Monthly Rent
$1,386/mo
Per Capita Income
$40,601/year
Compare Salt Lake City, UT With
Salt Lake City, UT vs Ann Arbor, MISalt Lake City, UT vs Bakersfield, CASalt Lake City, UT vs Tampa, FLSalt Lake City, UT vs Burlington, VTSalt Lake City, UT vs Charleston, SCSalt Lake City, UT vs Lexington Park, MDSalt Lake City, UT vs Reno, NVSalt Lake City, UT vs Kingston, NYSalt Lake City, UT vs Colorado Springs, COSalt Lake City, UT vs Redding, CA
Frequently Asked Questions
Is Salt Lake City, UT expensive to live in?
Salt Lake City, UT has a cost of living index of 100.9, which is 0.9% above the national average.
How much does housing cost in Salt Lake City, UT?
Housing costs in Salt Lake City, UT are indexed at 123.3 compared to the national average of 100. The median monthly rent is $1,386.
What is the average income in Salt Lake City, UT?
The median household income in Salt Lake City, UT is $90,277 per year.
What is the average home price in Salt Lake City, UT?
The median home value in Salt Lake City, UT is $434,300.