Cost of living in South 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 South 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 South Salt Lake is 99, with 100 being the average.
The cost of living index in South Salt Lake is 1.0x lower than the national average.
South Salt Lake ranks as the #24 cheapest in Utah out of 91.
South Salt Lake ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in South Salt Lake is $287,200.
The median income in South Salt Lake is $50,589.
According to the most recent data on the cost of living, South Salt Lake has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Utah, South Salt Lake has a cost of living index that's 1.0x lower than Utah's index of 102.
The standard of living in South Salt Lake ranks as #24 most affordable out of the 91 places we measured in Utah. By definition, that implies South Salt Lake ranks as the #67 most expensive place in the Beehive State.
For more reading on life in South Salt Lake, check out:
Six factors go into calculating the cost of living index in South Salt Lake. Here is how it fairs on each of the criteria:
The Services index in South Salt Lake is 100.
The Groceries index in South Salt Lake is 101.
The Health index in South Salt Lake is 101.
The Housing index in South Salt Lake is 91.
The Transportation index in South Salt Lake is 113.
The Utilities index in South Salt Lake is 91.
|Living Expense||South Salt Lake||Utah||National Average|
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 2017-2021. The key points are:
The Median Home Value in South Salt Lake is $287,200.
The Median Rent in South Salt Lake is $1,039.
The Median Income in South Salt Lake is $50,589.
The Home Value To Income in South Salt Lake is 5.7x.
The Rent To Monthly Income in South Salt Lake is 0.25x.
|Statistic||South Salt Lake||Utah||United States|
|Median Home Value||$287,200||$339,700||$244,900|
|Home Value To Income||5.7x||4.3x||3.5x|
|Rent To Monthly Income||0.25x||0.18x||0.2x|
The cost of living varies in the cities and towns around South Salt Lake. Here's a quick look at the cost of living in the most populous nearby places:
West Jordan, UT has a cost of living index of 107, 1.1x South Salt Lake.
Sandy, UT has a cost of living index of 113, 1.1x South Salt Lake.
South Jordan, UT has a cost of living index of 124, 1.3x South Salt Lake.
|City||Population||Cost Of Living||Vs. South Salt Lake|
|West Jordan, UT||116,045||107||1.1x|
|South Jordan, UT||75,617||124||1.3x|
|Cottonwood Heights, UT||33,597||120||1.2x|