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Home » United States » What is the cost of living in Utah?

What is the cost of living in Utah?

December 14, 2021 by Trevor Zboncak

An amount below 100 means Utah is cheaper than the US average. A cost of living index above 100 means Utah, Utah is more expensive.


Utah cost of living is 110.8.

COST OF LIVING Utah United States
Health 102.7 100
Housing 146.3 100
Median Home Cost $458,900 $291,700
Utilities 94.6 100

Contents

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).

What is the average cost of living raise in Utah?

Did the Cost of Living in Salt Lake City, UT increase in 2021? Salt Lake City, UT area prices were up 2.3% from a year ago. The largest increases were found in Transportation, Food, and Housing.
Cost of Living Salt Lake City, UT by Expense Category.

Category Compared to national average
Housing 3.8%
Transportation 15.7%

Why does it cost so much to live in Utah?

The most basic economic principles of supply and demand are the primary contributors to high housing prices in Utah. More people are moving to Utah, which inflates demand at a faster rate than the housing market can supply new housing units.

How much does it cost to live 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.

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Is Utah a nice place to live?

People living in Utah have a very high level of well being and it is more than in all the US cities. Salt Lake City has been ranked the second friendly list city in the country, while all people feel equal in this state.Moreover, Utahns are the most generous people in the country.

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

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

How much money do you need to live comfortably in Utah?

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.

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.

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How cheap is Utah?

An amount below 100 means Utah is cheaper than the US average. A cost of living index above 100 means Utah, Utah is more expensive.
Utah cost of living is 110.8.

COST OF LIVING Utah United States
Grocery 93.2 100
Health 102.7 100
Housing 146.3 100
Median Home Cost $458,900 $291,700

Why are Utah homes so big?

Utah Foundation researched that question, and Senior Research Analyst Christopher Collard said it’s more the result of people from Utah who didn’t leave.Turns out Utah’s strong economy over many years is responsible for the long-term growth in housing prices.

Are homes expensive in Utah?

In Salt Lake County, the median single-family home price climbed to $468,000 in the first quarter of 2021, up $68,000 or 17% from a year earlier when the median price was $400,000. In Utah County, that price is up to $450,000, up an even bigger 20% from the first quarter of 2020.

What state has the lowest cost of living?

States with the Lowest Cost of Living

  1. Mississippi. Mississippi has the lowest cost out of living of all 50 states.
  2. Oklahoma. Oklahoma has the second-lowest cost of living in the United States.
  3. Arkansas. The state with the third-lowest cost of living in Arkansas.
  4. Kansas.
  5. Missouri.
  6. Georgia.
  7. Alabama.
  8. New Mexico.

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.

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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.

Is living in Utah worth it?

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.

What are the pros of living in Utah?

Pros of Living in Utah:

  • Utah is a friendly state.
  • Utah is a safe state to live in.
  • Lot’s of outdoor activities.
  • Utah has four seasons!
  • Salt Lake International Airport is a travel hub.
  • Cost of living (not housing) is relatively low when compared to other states in the West Coast or East Coast.

What jobs are in high demand in Utah?

The highest demand right now is for registered nurses, certified nursing assistants, health technicians, clinical case managers and medical secretaries. This industry is growing rapidly with no end in sight and it provides good stability and growth opportunities.

What is the best paying job in Utah?

Detailed List Of Highest Paying Jobs In Utah

Rank Job Title Average Salary
1 Owner/operator $179,484
2 Consultant And Sales Representative $164,289
3 Vice President Of Operations And Engineering $152,366
4 Vice President, Product Management $145,763

What is a good wage in Utah?

While ZipRecruiter is seeing salaries as high as $125,763 and as low as $18,957, the majority of salaries within the Average jobs category currently range between $45,773 (25th percentile) to $68,429 (75th percentile) with top earners (90th percentile) making $83,225 annually in Utah.

Filed Under: United States

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About Trevor Zboncak

Trevor Zboncak is a bit of an old grump, but he's also one of the kindest people you'll ever meet. He loves to travel and see new places, but he's not a fan of airports or long flights. Trevor has been all over the world, and he has some amazing stories to tell. He's also a great photographer, and his pictures will take your breath away.

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