Study ranks Salt Lake City as 48th most expensive to rent, but several other cities in the valley are higher. SALT LAKE CITY, Utah (ABC4 News) – In a recent study done by Zumper, Salt Lake City was ranked 48th most expensive city to rent, but several other surrounding cities have higher rental prices.
Is Salt Lake City expensive to live in?
Salt Lake City’s housing expenses are 8% lower than the national average and the utility prices are 22% lower than the national average. Transportation expenses like bus fares and gas prices are 7% higher than the national average. Salt Lake City has grocery prices that are 2% lower than the national average.
Is Salt Lake City cheap?
And that’s precisely what makes it one of America’s best places for an affordable vacation. Even with so much to offer visitors, Salt Lake City still remains a fairly cheap place to travel.
Is Salt Lake Utah expensive?
In Utah, Salt Lake City is the most expensive metro, but still has a cost of living 2.3 percent below the national average. Salt Lake’s high housing costs, at 16 percent above the national average, make it more expensive.
How much does it cost to live comfortably in Salt Lake City?
Summary about cost of living in Salt Lake City, UT, United States: Family of four estimated monthly costs are 3,215$ without rent. A single person estimated monthly costs are 891$ without rent. Salt Lake City is 34.68% less expensive than New York (without rent).
Is Utah cheaper than Vegas?
Las Vegas is 6.1% less expensive than Salt Lake City.
Is Utah cheaper than California?
Utah vs California
Overall, the cost of living in California is 32.3% more than Utah. Almost everything will cost more in the Pacific State, which means saving money is always going to be difficult, even though the state’s average income is higher.
Is it cheaper to live in Utah or Texas?
Costs of Living in Utah vs Texas
Texas is estimated to be up to be more than 1.5% more expensive to live in than Utah. Childcare is 7.5% more expensive in Texas, and sports and entertainment eat more out of your pocket than they do in Utah.
Is it cheaper to live in Utah or Arizona?
Arizona is 4.9% more expensive than Utah.
Is Salt Lake City more expensive than Chicago?
The cost of living in Chicago, IL is 14.9% higher than in Salt Lake City, UT. You would have to earn a salary of $68,945 to maintain your current standard of living. Employers in Chicago, IL typically pay 11.6% more than employeers in Salt Lake City, UT.
Is Utah high cost of living?
Utah ranks 34th in the U.S. News & World Report’s Affordability Rankings which means it’s one of the most expensive states in the country to live in. The rankings measure the average cost of living against the average amount of money most households in that state have.
Is Salt Lake City cheaper than Denver?
When you compare the Salt Lake City vs. Denver cost of living, you’ll notice that SLC is significantly more affordable. You would need $4,000 in Salt Lake City for the same standard of living you would get with $4,900 in Denver, according to Numbeo.
What state has the cheapest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
Is Utah a cheap place to live?
Utah is known for its scenic beauty, and it might seem that it’s one of the most expensive places to live in the country. However, this outdoor adventure paradise is actually cheaper than many states in the US. With low energy prices, property taxes, and a low utility index score, Utah has plenty to boast about.
What is a good salary in Salt Lake City?
A good salary in Salt Lake City, UT is anything over $43,000. That’s because the median income in Salt Lake City is $43,000, which means if you earn more than that you’re earning more than 50% of the people living in Salt Lake City. The average salary in Salt Lake City is $52,112.
What is minimum wage in Salt Lake City?
$7.25 per hour
Utah’s state minimum wage rate is $7.25 per hour. This is the same as the current Federal Minimum Wage rate. The minimum wage applies to most employees in Utah, with limited exceptions including tipped employees, some student workers, and other exempt occupations.
Is Utah racially diverse?
Utah is the 34th most racially and ethnically diverse state in the nation, with 22% of the state identifying as other than non-Hispanic white. Forty percent of the state’s growth since 2010 has come from racial and ethnic minority populations, who are expected to account for one in three Utahns by 2060.
Why do Californians move to Utah?
“High taxes, homelessness, and crime were the top three reasons. There are people leaving Beverly Hills. We’re talking middle class, upper class people that just want out of California.
What is the minimum wage in Utah?
Lower wage earners in half the country will have a little extra cause to celebrate the advent of 2022 as widespread increases to minimum wage rates are poised to take effect in the coming year. But, the thousands who toil for hourly rates at or near the $7.25 minimum in Utah will not be among them.
Is Salt Lake City cheaper than Dallas?
Dallas is 14.6% less expensive than Salt Lake City. Dallas housing costs are 45.2% less expensive than Salt Lake City housing costs. Health related expenses are 7.3% less in Dallas.
Is Utah a good place to live?
The state is known for its high quality of life, low crime and beautiful landscape. Utah is more affordable than neighboring state Colorado but offers similar climate and access to stunning mountains.
