Skyline of Salt Lake City
Cost of Living: 108.5 199,723

Salt Lake City, UT, US

Mormon capital with world-class skiing, low unemployment, and stunning mountain scenery.

Updated August 11, 2026
Cost of Living 108.5

Above Average vs US Avg (100)

Housing Index 118.2

Above Average

Median Income $65,000

Household income

Unemployment 2.4%

Job market health

Salt Lake City vs US Average

Cost of Living
Salt Lake City: 108.5
US Avg: 100
Housing Index
Salt Lake City: 118.2
US Avg: 100
State Income Tax
Salt Lake City: 4.95%
US Avg: ~5%

Taxes

  • State Income Tax: 5.0%
  • Sales Tax: 7.8%

Economy & Jobs

  • Median Income: $65,000
  • Unemployment: 2.4%
  • Population: 199,723

Climate

  • Sunny Days: 222/year
  • Summer High: 91°F
  • Winter Low: 21°F
  • Farming Zone: USDA Zone 5a

Housing

  • Median Home: $520,000
  • 1BR Rent: $1500/mo

Cost of Living

Salt Lake City's cost of living index is 108.5 (US average = 100).

CategorySalt Lake CityNational AverageDifference
Overall108.5100+8.5%
Housing118.2100+18.2%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$520,000
Median Rent (1BR)$1500/mo
Median Rent (2BR)$1,875/mo
Price per Sq Ft$346

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

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$90,000 down
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Utilities

Estimated monthly utility costs for a typical household in Salt Lake City:

UtilityEstimated Monthly CostNotes
Electricity$95Based on ~900 kWh/month typical US household usage
Heating & Cooling$66Estimated based on local climate. Gas or electric
Cooling (AC)$10Estimated based on local climate and electricity rates
Water$55Includes sewer
Internet (100+ Mbps)$55Broadband average
Garbage / Trash$25Private service
Total Utilities$306Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Remote Work Score

Salt Lake City scores —/100 for remote work readiness:

Cost of Living
108.5
Rent
$1500
Sunny Days
222
Tax
4.95%
Unemployment
2.4%
Climate
91°F / 21°F
Safety
5.2 homicides/100k
Population
199,723
Internet Speed
200 Mbps

Climate

Salt Lake City has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January41°F21°F2.5"
April76°F36°F2.8"
July91°F66°F1.5"
October71°F39°F2.2"
USDA Zone 5a

Cool — many vegetables, some fruit trees

Natural Hazards

Salt Lake City faces the following natural hazards:

Drought Extreme Risk

Arid state with extreme drought conditions.

Wildfire High Risk

Wildfire risk in surrounding mountains.

Blizzard High Risk

Severe winter storms.

Avalanche High Risk

Wasatch Range with frequent avalanches.

Heat Wave High Risk

Extreme summer heat.

Landslide High Risk

Mountainous region with landslides.

Earthquake Moderate Risk

Wasatch Fault zone with earthquake risk.

Flood Moderate Risk

Flash floods.

Sandstorm Moderate Risk

Dust storms in desert regions.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 4.95%
  • Sales Tax: 7.75%
  • Property Tax: ~0.62% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 2.4%.

Crime & Safety

Crime rates in Salt Lake City per 100,000 residents:

864.2
Violent Crime
5,200.0
Property Crime
5.2
Homicide

Data source: FBI Uniform Crime Reporting

Schools & Education

69/100
School Quality Score
Better than 63% of US cities
?
90
Total Schools
7.5:1
Student:Teacher
88.6%
Free/Reduced Lunch

Data source: National Center for Education Statistics (NCES)

Universities & Higher Education

1
Universities
#1938
Top University Rank

Data source: Center for World University Rankings (CWUR) & World Universities Database

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Salt Lake City, UT, US?

The cost of living index in Salt Lake City is 108.5, which is Higher the US national average of 100.

How much does it cost to buy a home in Salt Lake City?

The median home price in Salt Lake City is $520,000. The housing index is 118.2.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Salt Lake City is approximately $1500/mo.

Does Salt Lake City, UT have income tax?

Salt Lake City is in UT, which has an income tax rate of 4.95%.

What is the climate like in Salt Lake City?

Salt Lake City enjoys approximately 222 sunny days per year. Summer highs reach around 91°F, while winter lows can drop to around 21°F.

Relocation Guides

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.