Cost of Living in Salt Lake City
Median income in Salt Lake City is $56,000/year ($4,667/month). Here is how to budget every dollar.
Average Rent in Salt Lake City
$1,100
Studio
$1,400
1 Bedroom
$1,700
2 Bedrooms
Monthly Budget Breakdown: $4,667/month
How to allocate the median Salt Lake City income of $56,000/year after taxes.
Housing
$1,400
Food & Groceries
$470
Transportation
$350
Utilities
$180
Healthcare
$235
Entertainment
$280
Personal & Other
$235
Savings
$1,517
Total
$4,667
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Affordable Neighborhoods in Salt Lake City
Rose Park and Glendale west of downtown offer affordable rents with improving amenities
West Valley City and Murray have the lowest rents in the metro with TRAX access
Sugar House has a walkable village feel at moderate Salt Lake prices
Money-Saving Tips for Salt Lake City
UTA monthly pass ($83) covers TRAX light rail, FrontRunner commuter rail, and buses
World-class skiing is nearby but expensive — look for mid-week and late-season deals
Shop at WinCo Foods, Macey's, and Smith's for competitive grocery prices
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