Housing costs in Salt Lake City?
A typical home costs
$494,300, which is 46.2% more expensive than the national average of
$338,100 and 3.2% less expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Salt Lake City costs
$1,450 per month, which is 13.3% more than the national average of
$1,280 and 2.1% cheaper than the state average of
$1,480.
Can I afford Salt Lake City?
To live comfortably in Salt Lake City (zip 84102), Utah, a minimum annual income of
$94,680 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Salt Lake City?
Salt Lake City, UT is an affordable city for most people when it comes to cost of living. The overall cost of living index in Salt Lake City is about 11% lower than the U.S. average, which makes it a great option for those looking to save money while still enjoying all the city has to offer. The median home price in 84102 Salt Lake City, UT is around $320,000 and the median rent price is approximately $1,200 a month. This means that living in this locality might be cheaper compared to other cities within Utah or even across America. Additionally, there are a multitude of amenities and entertainment options in the area that can provide hours of fun without breaking the bank. With its low cost of living and many amenities, 84102 Salt Lake City, UT is an attractive option for potential residents who want to live their life to the fullest without overspending on necessities.