Cost of Living in Utah
Things cost about the same here as the national average.
What Things Cost in Utah
Compared to the US national average
See raw index numbers
US national average = 100. Source: BEA Regional Price Parities 2023.
Utah has been one of the fastest-growing and economically dynamic states in the country, powered by a tech sector along the Wasatch Front (the "Silicon Slopes"), outdoor recreation, and a young, growing population. The cost of living is about 5% above the national average, with housing as the primary driver at roughly 16% above average. Salt Lake City offers genuine metro amenities with ski resorts 30 minutes from downtown. The flat 4.65% income tax, low property taxes, and strong job market create a favorable financial picture for working-age families. The state's growth has pushed housing costs higher, particularly along the Wasatch Front.
Utah at a Glance
Taxes in Utah
Utah's state income tax tops out at 4.55% flat. The combined sales tax averages 6.1%. Property taxes run about 0.55% of home value, which on a $468,500 median home means roughly $2,577/year.
Cities in Utah
Ranked from least to most expensive. Index 100 = national average.
Explore Utah
FAQ About Utah
Salt Lake City's cost of living is about 5-10% above the national average, driven by housing. Median home prices in the metro exceed $468,500, a significant increase over the past decade. By comparison to other Western metros with comparable outdoor access (Denver, Portland, Boise), Salt Lake City is competitive. The flat 4.65% income tax and low property taxes help offset housing costs.
Silicon Slopes is the nickname for Utah's tech corridor along the Wasatch Front, centered in Lehi, Draper, and South Jordan between Salt Lake City and Provo. Companies like Qualtrics, Pluralsight, and Domo have headquarters here, and the area has attracted offices from Adobe, Goldman Sachs, and others. The tech sector has driven job growth and higher incomes, contributing to housing price increases along the corridor.
Utah has a flat 4.65% income tax, recently reduced from 4.85%. The flat structure makes it simple and relatively competitive with neighboring Colorado (4.4%) and Idaho (5.695%). Combined with very low property taxes (0.57%) and a strong job market, the overall financial picture for working professionals is favorable. Utah does tax Social Security but offers a credit that eliminates the tax for most middle-income retirees.