New York, New York vs. Salt Lake City, Utah

Tax Compare

Our Premium Cost of Living Calculator includes, State and Local Income Taxes, State and Local Sales Taxes, Real Estate Transfer Fees, Federal, State, and Local Consumer Taxes (Gasoline, Liquor, Beer, Cigarettes), Corporate Taxes, plus Auto Sales, Property and Registration Taxes, and an Online Tool to customize your own personal estimated tax burden. Click here to customize.

Taxes
  20.1% lower in Salt Lake City, Utah
than in New York, New York
Assumptions
  • Single, standard deduction, one exemption
  • Sales tax includes food and services
  • Real tax taxes are based on the local median home price
  • Car taxes assume a new Honda Accord costing $25,000
   Cost of living
      State level
New York, NY    Salt Lake City, UT    U.S. Avg
100 = US Avg. Below 100 means cheaper. Above 100 means more expensive. About our Cost of Living Index
   Customize Your Own Personal Estimated Taxes
Enter your income and we will give you your estimated taxes in New York, New York, we will also give you your estimated taxes in Salt Lake City, Utah.
New York, NYSalt Lake City, UTDifference
2019 Federal Inc. Tax$28,924$28,924 
State Income Taxes$11,271$9,250  $2,021 lower
Sales Taxes$3,397$2,909  $488 lower
Real Estate Taxes$5,460$2,810  $2,650 lower
Motor Vehicle Taxes$0$0  $0 higher
Total Taxes$49,052$43,893  $5,159 higher
Marginal Rate6.7%5.0%
Effective Rate6.1%5.0%
   Annual taxes
      Based on $60,000 income
   Social security taxes
New York, NYSalt Lake City, UT
Tax Social SecurityNoYes
Social Security Note SS benefits taxed, but may qualify for retirement-income tax credit
   Estimated sales tax
      State level, based on annual income of $75,000
New York, NY    Salt Lake City, UT    U.S. Avg
   Tax on food
New York, NYSalt Lake City, UT
Sales Tax On FoodNoYes - Full state tax (0.00%) but no local tax. No rebate.
   Real estate tax
New York, NY    Salt Lake City, UT    U.S. Avg
Assumes the local median home price and sales tax is amoritized over 13 years.
   Vehicle tax
New York, NY    Salt Lake City, UT    U.S. Avg
Assumes a new $25,000 Honda Accord and Sales Tax is amortized over 6 years.
   Other taxes
      State level
New York, NY    Salt Lake City, UT    U.S. Avg
* grt = Gross Receipts Tax. In this state, the corporation is required to pay the gross receipts tax on each sale instead of a traditional income tax based on its earnings. The effect is that a percentage of the total revenue or gross receipts for each sale has to be paid to the state as tax. The gross receipts tax is much like a Value Added Tax, only for businesses rather than individuals. Four states impose gross receipt taxes, Nevada, Ohio, Texas, and Washington.
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