Cost of Living in Salt Lake City, UT
| Cost of Living in Salt Lake City, UT | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 20% higher | 25% higher |
| Utilities (Monthly) | 0% | 7% lower |
| Food | 2% higher | - |
| Healthcare | 7% higher | 4% lower |
| Transportation | - | 8% higher |
| Goods & Services | 6% higher | 6% higher |
The cost of living in Salt Lake City, UT is 9% higher than the state average and 9% higher than the national average. Salt Lake City, UT housing is 25% more expensive than the U.S average, while utilities are about 7% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 6% more in Salt Lake City, UT than in the rest of the country, while clothing costs around 6% more .
Healthcare services such as doctor check-ups and dentistry cost 4% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 6% pricier in Salt Lake City, UT.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Salt Lake City is $1,637, while home prices circle around $654,916.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Salt Lake City, energy bills cost around $175.19 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.71 in Salt Lake City, a dozen eggs go for around $3.78 and a pound of potatoes circles around $4.42.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Salt Lake City, an optometry check-up costs around $117.33, while a dentist appointment is priced $104.73 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.38 in Salt Lake City, while getting your tires balanced will run you about $75.85.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $50.95 here. Meanwhile, a pair of women's slacks will set you back around $52.89.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Salt Lake City, you should budget around $13.61 a month. When it comes to personal services, a haircut usually goes for $21.10, while dry cleaning costs about $18.78.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Salt Lake City, the median household income is $72,357.