City profile
Salt Lake City, UT cost of living
UT · BEA RPP 100.868
2024 overall RPP
100.868
US = 100
2024 housing-rent RPP
123.311
Housing component
2024 goods RPP
96.446
Goods component
2-BR FMR (HUD)
$1,615/mo
FY2027 FMR
Where Salt Lake City, UT sits in the verified metro set
RPP rank
#29 of 67
+0.9 vs U.S. average
Vs median metro
+1.4
median RPP 99.5
2-BR rent rank
#39 of 67
-74/mo vs median verified metro
RPP ranks use only verified ReloMath metro records. Sources: BEA MARPP 2024 (all items, housing, goods, other services); HUD FY2027 2-bedroom Fair Market Rent; reviewed 2026-10-04. These are historical area benchmarks, not current neighborhood prices. HUD FMR is a 40th-percentile gross-rent benchmark, not median rent. BEA metro and HUD rent-area boundaries can differ. BEA: Salt Lake City-Murray, UT (Metropolitan Statistical Area) (code 41620). HUD: Salt Lake City, UT HUD Metro FMR Area (code METRO41620M41620); counties or county equivalents: Salt Lake County. The official files were retrieved 2026-10-04.
Who’s moving in and out of Salt Lake City, UT
IRS tax-return migration · 2022-2023Cost of living is only half the relocation question. The other half is which way people are actually voting with their feet, straight from IRS tax-return migration for the Salt Lake City, UT metro.
Moved in
35,887
people · 22,503 households
Moved out
43,131
people · 24,587 households
Net
−7,244
net loss of residents
Net migration rank
#54 of 65
among IRS-covered ReloMath metros
Vs median net flow
-7,615
median +371 people
Largest flow share
23% in / 27% out
top named county shares
Where new residents came from
- Utah County, UT 8,204
- Davis County, UT 4,221
- Weber County, UT 1,379
- Maricopa County, AZ 989
- Los Angeles County, CA 953
Where residents moved to
- Utah County, UT 11,675
- Davis County, UT 5,456
- Weber County, UT 1,885
- Washington County, UT 1,572
- Maricopa County, AZ 1,233
Counts are IRS tax filers (returns ≈ households, individuals ≈ exemptions) who changed address between 2022-2023. Flows too small for IRS to disclose are grouped and excluded from the named lists. Source: IRS SOI county-to-county migration data ↗, mapped to metros via the U.S. Census CBSA delineation.
What salary do you need in Salt Lake City, UT?
Historical BEA 2024 salary illustration relative to the U.S. average (RPP 100), before tax and household adjustments. Housing is already included in overall RPP.
| In US-average city | You need in Salt Lake City, UT | Formula |
|---|---|---|
| $50,000 | $50,434 | $50,000 x (100.868/100) |
| $75,000 | $75,651 | $75,000 x (100.868/100) |
| $100,000 | $100,868 | $100,000 x (100.868/100) |
| $125,000 | $126,085 | $125,000 x (100.868/100) |
| $150,000 | $151,302 | $150,000 x (100.868/100) |
| $200,000 | $201,736 | $200,000 x (100.868/100) |
Salary illustrations use BEA 2024 overall Regional Price Parities (RPP) only, before tax and household-specific adjustments. Overall RPP already includes housing. HUD FY2027 2-bedroom Fair Market Rent is a separate historical gross-rent benchmark, not a current lease or median rent. Do not add rent to the RPP salary figure. Your lease and moving quote belong in a separate budget. Not financial advice.
Step 2: what will the move itself cost?
The historical salary illustration is separate from moving payments. Use an actual mover quote and lease terms in your budget summary.
State income tax note
Income tax and payroll deductions are not calculated. Obtain take-home estimates for your actual work and home addresses.
Frequently asked questions
- What is the cost of living in Salt Lake City, UT?
- In the historical BEA 2024 benchmark, Salt Lake City, UT has an overall Regional Price Parity of 100.868 (US average = 100). Its overall price level is 0.9% higher than the national average for that year.
- What salary do I need to live in Salt Lake City, UT?
- If you earn $100,000 in a US-average city (RPP 100), the BEA 2024 RPP illustration is approximately $100,868 in Salt Lake City, UT, before tax and household adjustments.
- What historical rent benchmark is shown for Salt Lake City, UT?
- The historical HUD Fair Market Rent benchmark for a 2-bedroom associated with Salt Lake City, UT is $1,615 per month as of FY2027.
- Are people moving to or away from Salt Lake City, UT?
- Based on IRS tax-return migration data for 2022-2023, about 35,887 people moved into the Salt Lake City, UT metro and 43,131 moved out — a net loss of roughly 7,244 residents. The largest single source of new residents was Utah County, UT.
Curated nearby & similar cities
Similar verified metros by RPP
These links are chosen by data proximity: closest overall RPP to Salt Lake City, UT, with HUD 2-BR rent as a tie-breaker.
Curated cost-of-living comparisons for Salt Lake City, UT
Side-by-side cost of living and the equivalent salary you'd need — pick a destination.
Check published data changes
Review dated source notices for tracked metros alongside Salt Lake City, UT's historical benchmarks. Change-log entries do not automatically refresh the BEA 2024 or HUD FY2027 values shown here.
View cost-of-living change log