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Salt Lake City, UT

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
104
Average
Median Home Value
$495,700
National: $426,735
Median Rent
$1,343/mo
National: $1,527/mo
Household Income
$74,925
National: $84,532
Population
203,888
Purchasing Power
85
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
116 / 100
100 = national average
Rent Index
88 / 100
Overall Index
104
Average

Salt Lake City Mortgage Calculator

Pre-filled with the local median home value of $495,700 and Utah's property tax rate of 0.58%.

Salary & Purchasing Power

Median household income is $74,925 11% below the national average.

What $74,925 in Salt Lake City Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$108,785+45%
Los Angeles, CA$122,474+63%
Chicago, IL$58,355-22%
Houston, TX$51,151-32%

Property Tax in Salt Lake City, UT

Est. Annual Property Tax
$2,875
Monthly Impact
$240
Added to your mortgage
Effective Rate
0.58%
National avg: ~1.00%

Utah Tax Overview

Tax TypeUtahNational Avg
Property Tax Rate0.58%1.00%
Top Income Tax Rate4.65%~5.0%
State Sales Tax7.19%~5.0%

Compare Salt Lake City to Another City

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Cost of Living Comparison

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Salt Lake City, UT
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Salt Lake City, UT: 116
Rent Prices
88
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR