Cost of living in North Salt Lake research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means North Salt Lake is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Utah, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in North Salt Lake is 124, with 100 being the average.
The cost of living index in North Salt Lake is 1.2x higher than the national average.
North Salt Lake ranks as the #64 cheapest in Utah out of 92.
North Salt Lake ranks as the #4,654 cheapest out of 6,489 in the US.
The median home value in North Salt Lake is $570,930.
The median income in North Salt Lake is $106,885.
According to the most recent data on the cost of living, North Salt Lake has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to Utah, North Salt Lake has a cost of living index that's 1.2x higher than Utah's index of 104.
The standard of living in North Salt Lake ranks as #64 most affordable out of the 92 places we measured in Utah. By definition, that implies North Salt Lake ranks as the #28 most expensive place in the Beehive State.
For more reading on life in North Salt Lake, check out:
Six factors go into calculating the cost of living index in North Salt Lake. Here is how it fairs on each of the criteria:
The Services index in North Salt Lake is 105.
The Groceries index in North Salt Lake is 101.
The Health index in North Salt Lake is 98.
The Housing index in North Salt Lake is 168.
The Transportation index in North Salt Lake is 111.
The Utilities index in North Salt Lake is 95.
| Living Expense | North Salt Lake | Utah | National Average | |
|---|---|---|---|---|
| Overall | 124 | 104 | 100 | |
| Services | 105 | 101 | 100 | |
| Groceries | 101 | 98 | 100 | |
| Health | 98 | 90 | 100 | |
| Housing | 168 | 115 | 100 | |
| Transportation | 111 | 104 | 100 | |
| Utilities | 95 | 96 | 100 | |
Housing swings affordability the most between places in Utah, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in North Salt Lake is $570,930.
The Median Rent in North Salt Lake is $1,613.
The Median Income in North Salt Lake is $106,885.
The Home Value To Income in North Salt Lake is 5.3x.
The Rent To Monthly Income in North Salt Lake is 0.18x.
| Statistic | North Salt Lake | Utah | United States |
|---|---|---|---|
| Median Home Value | $570,930 | $530,804 | $303,400 |
| Median Rent | $1,613 | $1,405 | $1,348 |
| Median Income | $106,885 | $91,750 | $78,538 |
| Home Value To Income | 5.3x | 5.8x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.21x |
| Item | North Salt Lake | Utah |
|---|---|---|
| Shampoo | $1.18 | $1.28 |
| Movie | $9.94 | $12.13 |
| Bowling | $19.8 | $18 |
| Haircut | $20.87 | $24.26 |
| Beauty Salon | $50.33 | $45.56 |
| Item | North Salt Lake | Utah |
|---|---|---|
| Ground Beef | $5.76 | $5.84 |
| Fried Chicken | $1.51 | $1.57 |
| Milk | $4.65 | $4.67 |
| Potatoes | $4.6 | $4.93 |
| Pizza | $11.69 | $12.09 |
| Beer | $10.59 | $10.41 |
| Toothpaste | $3.57 | $3.7 |
| Item | North Salt Lake | Utah |
|---|---|---|
| Optometrist | $125.19 | $125.68 |
| Doctor | $117.14 | $135.78 |
| Dentist | $85.13 | $113.29 |
| Item | North Salt Lake | Utah |
|---|---|---|
| Gasoline | $3.75 | $3.46 |
| Tire Balancing | $57.07 | $59.92 |
| Item | North Salt Lake | Utah |
|---|---|---|
| All Electricity | $198.43 | $193.99 |
| Phone | $192.11 | $192.25 |
The cost of living varies in the cities and towns around North Salt Lake. Here's a quick look at the cost of living in the most populous nearby places:
Sandy, UT has a cost of living index of 128, 1.0x North Salt Lake.
Bountiful, UT has a cost of living index of 123, 1.0x North Salt Lake.
Syracuse, UT has a cost of living index of 125, 1.0x North Salt Lake.
| City | Population | Cost Of Living | Vs. North Salt Lake |
|---|---|---|---|
| Sandy, UT | 94,723 | 128 | 1.0x |
| Bountiful, UT | 45,093 | 123 | 1.0x |
| Syracuse, UT | 34,009 | 125 | 1.0x |
| Cottonwood Heights, UT | 32,984 | 131 | 1.1x |
| Kaysville, UT | 32,861 | 124 | 1.0x |
| Holladay, UT | 31,236 | 140 | 1.1x |
| South Salt Lake, UT | 26,277 | 111 | 0.9x |
| Farmington, UT | 24,934 | 131 | 1.1x |
| Centerville, UT | 16,692 | 126 | 1.0x |
| Woods Cross, UT | 11,490 | 116 | 0.9x |