Housing costs in Salt Lake City?
A typical home costs
$790,100, which is 133.7% more expensive than the national average of
$338,100 and 54.7% more expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Salt Lake City costs
$1,480 per month, which is 15.6% more than the national average of
$1,280 and close to the state average of
$1,480.
Can I afford Salt Lake City?
To live comfortably in Salt Lake City (zip 84108), Utah, a minimum annual income of
$151,560 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Salt Lake City?
The cost of living in 84108 Salt Lake City, UT is quite reasonable. According to BestPlaces, the cost of living index in the city is 72.28, which is significantly lower than the national average of 100. This means that the cost of basic goods and services such as food, transportation and housing are all comparatively cheaper in Salt Lake City than they are elsewhere in the United States. Furthermore, local gas prices are also low compared to other cities across the country. All these factors make Salt Lake City an attractive place to live for those on a budget or looking for an affordable place to call home.