Denver vs Salt Lake City: Cost of Living

21%

Denver is about 21% more expensive than Salt Lake City overall.

How Denver Compares to Salt Lake City

Category by category

Renting ▲ 30%
Buying ▲ 3%
Goods ▲ 7%
Services ▲ 23%

Key Facts

DenverSalt Lake City
Median Rent$1,870/mo$1,440/mo
Median Home$636,400$620,100
Median Income$92,504$77,186
State Income Tax4.4% flat4.55% flat
Sales Tax8.81%7.75%

Housing: The Biggest Difference

Salt Lake City has the lower median home price by $16,300. Monthly rent is $430/month cheaper in Salt Lake City.

Compare With Your Salary

Sources: Housing from Census ACS 2024. Goods and services from BEA Regional Price Parities 2023. Taxes from Tax Foundation. Full disclaimer.

Denver vs Salt Lake City FAQ

Rent is $430/month cheaper in Salt Lake City. Denver's median rent is $1,870/month, while Salt Lake City's is $1,440/month. Source: Census ACS 2024.

Salt Lake City has the lower median home price at $620,100, saving $16,300 compared to Denver. Source: Census ACS 2024.