Housing costs in Salt Lake City?
A typical home costs
$561,600, which is 66.1% more expensive than the national average of
$338,100 and 10.0% more expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Salt Lake City costs
$1,550 per month, which is 21.1% more than the national average of
$1,280 and 4.5% more than the state average of
$1,480.
Can I afford Salt Lake City?
To live comfortably in Salt Lake City (zip 84113), Utah, a minimum annual income of
$107,640 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Salt Lake City?
Salt Lake City, UT has an average cost of living that is slightly higher than the national average. Housing costs are high, with a median home price of about $369,000. Rent prices are similarly high, with median rent for two bedroom apartments around $1,500 per month. Groceries and transportation costs are slightly lower than the national average, making up some of the difference in the overall cost of living. Living in 84113 Salt Lake City, UT can be expensive but also offers many amenities and a great quality of life.