Here’s all that in context for those living in Utah. A family of four living in Salt Lake County would need more than $81,000 per year, which breaks down to nearly $6,800 per month. In Utah County, that number drops to $76,553 annually, or $6,379 per month.
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What is a livable salary in Utah?
Living Wage Calculation for Salt Lake County, Utah
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $15.11 | $33.15 |
| Poverty Wage | $6.13 | $12.60 |
| Minimum Wage | $7.25 | $7.25 |
What is the average living cost in Utah?
Our cost of living indices are based on a US average of 100. An amount below 100 means Utah is cheaper than the US average.
Utah cost of living is 110.8.
| COST OF LIVING | Utah | United States |
|---|---|---|
| Overall | 110.8 | 100 |
| Grocery | 93.2 | 100 |
| Health | 102.7 | 100 |
| Housing | 146.3 | 100 |
Is 60 000 a good salary in Utah?
The U.S. Census Bureau rates Utah’s annual household income at nearly $60,000 a year, which is several thousand dollars higher than the $53,657 per household earned across the U.S. The difference between average hourly wages and household income indicates that Utah may have a higher number of earners per household.
What is the average cost of living in Utah per month?
Rent is around $1,003 a month for a two-bedroom. On average, rent for a three-bedroom home in Utah is $1,332, while the average rent across the United States for a three-bedroom is $1,537. A four-bedroom home in the United States goes for just under $1,800 a month, and in Utah, a four-bedroom home rent is $1,563.
Is it cheaper to live in Utah or Arizona?
Cost of Living Comparison Between Phoenix, AZ and Salt Lake City, UT. You would need around 4,395.92$ in Salt Lake City, UT to maintain the same standard of life that you can have with 4,700.00$ in Phoenix, AZ (assuming you rent in both cities).
Is $80 000 a good salary for a single person?
Is 80000 a good salary for a single person? $80,000 is very much an above-average annual salary for the US as a whole (to clarify another answer, $56,000 or so is the average household salary in the US, not the average individual, personal income, which is quite a good deal less than that.)
Is Utah cheaper than 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 more expensive to live in Florida or Utah?
Comparison Highlights
| Cost of Living Indexes | Salt Lake City, UT | Orlando, FL |
|---|---|---|
| Overall Index: Homeowner, No Child care, Taxes Not Considered | 122 | 103.3 |
| Food & Groceries | 95.8 | 100.7 |
| Housing (Homeowner) | 169.6 | 106.1 |
| Median Home Cost | $523,400 | $294,400 |
Is Utah or Colorado more expensive to live in?
The cost of living in Denver, CO is 12.5% higher than in Salt Lake City, UT. You would have to earn a salary of $67,470 to maintain your current standard of living. Employers in Denver, CO typically pay 6.4% more than employeers in Salt Lake City, UT.
What is a high salary in Utah?
Salaries below this are outliers. $5,702 is the 75th percentile. Salaries above this are outliers. $6,935 is the 90th percentile.
What are Top 10 Highest Paying Cities for Average Jobs in Utah.
| City | Salt Lake City |
|---|---|
| Annual Salary | $59,055 |
| Monthly Pay | $4,921 |
| Weekly Pay | $1,136 |
| Hourly Wage | $28.39 |
How many people make over 100k in Utah?
Among those in the middle, the Census Bureau estimates that 20.5 percent of Utah households earn $50,000 to $74,999; 17.9 percent earn $100,000 to 149,999; 14.9 percent earn $75,000 to $99,999; and 12.4 percent earn $35,000 to $49,999.
What is middle class in Utah?
Am I in the middle class? Varying by household size, the 2019 income range for Utah’s middle class extended from $19,500 to $150,700 in 2020 dollars (see Table 1). The average lower and upper bounds for all household sizes were $45,600 to $111,600.
Do you need a car to live in Utah?
Utah may be known for its growing Wasatch Front but gone are the days requiring a car to navigate this metropolis. In fact, Salt Lake City was rated #8 on the “Best Cities to Live in Without A Car” list by 24/7 Wall Street, making the choice to live car-less even easier.
Is Utah Safe?
Even if your city isn’t on this list, don’t worry – Utah is a pretty safe place to live. Just 2.4 people out of 1,000 experienced a violent crime last year, which is 35 percent lower than the national average.
What is the hottest month in Utah?
July
June was the hottest month on record for Utah — and for the country. According to a July 9 report from the National Oceanic and Atmospheric Administration, a total of eight states marked the month as their hottest on record: Arizona, California, Idaho, Massachusetts, Nevada, New Hampshire, Rhode Island and Utah.
How much do jobs in Utah pay?
Utah Jobs by Salary
| Job Title | Range | Average |
|---|---|---|
| Mechanical Engineer | Range:$57k – $92k | Average:$69,090 |
| Project Manager, (Unspecified Type / General) | Range:$49k – $100k | Average:$71,565 |
| Senior Software Engineer | Range:$89k – $141k | Average:$112,950 |
| Operations Manager | Range:$43k – $94k | Average:$64,661 |
How much do you need to make to live comfortably in Salt Lake?
Here’s all that in context for those living in Utah. A family of four living in Salt Lake County would need more than $81,000 per year, which breaks down to nearly $6,800 per month. In Utah County, that number drops to $76,553 annually, or $6,379 per month.
Is it expensive to live in Salt Lake City?
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 88k a good salary?
Depending on the size of your family, $80,000 can comfortably cover living expenses and beyond. According to the U.S census as of 2020, the median salary for a four-person household is $68,400 per year, making 80K a substantially higher income than that of the average American.
Is 200k a year good?
Is Earning $200,000 A Year Considered Rich? At $200,000 a year, you are considered upper middle class in expensive coastal cities and rich in lower cost areas of the country.
