Salt Lake City, UT Cost Of Living

The latest cost of living statistics for Salt Lake City. Includes statistics on rent, mortgages, healthcare, and other costs for Salt Lake City compared to the state and national averages.

Cost of living in Salt Lake City, Utah

Cost of living in Salt Lake City 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 Salt Lake City 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:

124 Cost of living index 1.2x higher vs US
#64 Cheapest in Utah (of 93)
#4,584 Cheapest in the U.S. (of 6,489)
$573,181 Median home value
$1,414 Median rent
$75,090 Median income
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What is the cost of living in Salt Lake City, UT?

According to the most recent data on the cost of living, Salt Lake City has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.

Compared to Utah, Salt Lake City has a cost of living index that's 1.2x higher than Utah's index of 106.

The standard of living in Salt Lake City ranks as #64 most affordable out of the 93 places we measured in Utah. By definition, that implies Salt Lake City ranks as the #29 most expensive place in the Beehive State.

For more reading on life in Salt Lake City, check out:

Salt Lake City Cost Of Living Vs. Utah

Six factors go into calculating the cost of living index in Salt Lake City. Here is how it fares on each of the criteria:

  • The Services index in Salt Lake City is 102.

  • The Groceries index in Salt Lake City is 105.

  • The Health index in Salt Lake City is 162.

  • The Housing index in Salt Lake City is 104.

  • The Transportation index in Salt Lake City is 106.

  • The Utilities index in Salt Lake City is 112.

Living Expense Salt Lake City Utah National Average
Overall 124 106 100
Services 102 100 100
Groceries 105 101 100
Health 162 111 100
Housing 104 103 100
Transportation 106 103 100
Utilities 112 103 100

Salt Lake City Cost Of Living Compared To Utah Averages

Services
Salt Lake City 102
Utah avg 100
Groceries
Salt Lake City 105
Utah avg 101
Health
Salt Lake City 162
Utah avg 111
Housing
Salt Lake City 104
Utah avg 103
Transportation
Salt Lake City 106
Utah avg 103
Utilities
Salt Lake City 112
Utah avg 103

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Utah, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Salt Lake City, UT Housing Cost Breakdown

$573,181Median Home Value
$1,414Median Rent
$75,090Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Salt Lake City is $573,181.

  • The Median Rent in Salt Lake City is $1,414.

  • The Median Income in Salt Lake City is $75,090.

  • The Home Value To Income in Salt Lake City is 7.6x.

  • The Rent To Monthly Income in Salt Lake City is 0.23x.

Statistic Salt Lake City Utah United States
Median Home Value $573,181 $537,809 $332,700
Median Rent $1,414 $1,496 $1,413
Median Income $75,090 $95,166 $80,734
Home Value To Income 7.6x 5.7x 4.1x
Rent To Monthly Income 0.23x 0.19x 0.21x

Salt Lake City, UT Costs By Category

Detailed Salt Lake City Services costs vs. Utah
Item Salt Lake City 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
Detailed Salt Lake City Groceries costs vs. Utah
Item Salt Lake City 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
Detailed Salt Lake City Health costs vs. Utah
Item Salt Lake City Utah
Optometrist $125.19 $125.68
Doctor $117.14 $135.78
Dentist $85.13 $113.29
Detailed Salt Lake City Transportation costs vs. Utah
Item Salt Lake City Utah
Gasoline $3.75 $3.46
Tire Balancing $57.07 $59.92
Detailed Salt Lake City Utilities costs vs. Utah
Item Salt Lake City Utah
All Electricity $198.43 $193.99
Phone $192.11 $192.25

Salt Lake City SnackAbility

6Overall SnackAbility
Jobs 8/10
Housing 8.5/10
Affordability 5/10
Diversity 8.5/10
Safety 3/10
Amenities 9/10
Education 8.5/10
Commute 8.5/10