What salary do you need to live in Salt Lake City, UT?

Rent, home values and prices in Salt Lake City

Median gross rent, meaning contract rent plus tenant-paid utilities, runs $1,321, $1,593 and $1,908 a month for one, two and three bedrooms across Salt Lake City-Murray, UT. The largest of those is 44% more than the smallest.

The median value of owner-occupied homes in the metro is $515,400. With median household income at $98,083, a typical home costs 5.3× a typical income, close to the middle of the range across US metros.

Prices overall are close to average. BEA's Regional Price Parity for the metro is 100.9 against a US baseline of 100, so $100,000 here buys roughly $99,139 worth of the national basket.

The salary lines for a two-bedroom in Salt Lake City

The salary lines for a two-bedroom household land at $63,000 for Tight, $127,000 for Okay and $255,000 for Comfortable. The gap between the Okay and Comfortable lines alone is $128,000, which says how much extra income it takes to make housing feel roomy here rather than merely workable.

Reaching Royal takes $720,000 — 2.8× the Comfortable line — because the last points come slowly once rent is already a small share.

These lines come straight from the calculator's formula: the income is raised until the two-bedroom score crosses each cutoff, then rounded up to the next $1,000.

What different incomes look like in Salt Lake City

Choosing a bigger place in Salt Lake City at $75,000 trims the score from 33 to 27 without leaving Tight.

None of the four salaries reaches Comfortable for two bedrooms; even $150,000 scores 50, Okay, which fits the $255,000 line above.

Salt Lake City compared with every US metro

Ranked against all 387 metros, Salt Lake City sits 73rd on overall price level and 52nd on the two-bedroom rent median, counting from the most expensive. Its median home value ranks 36th.

Next to Salt Lake City on the national rent ranking: Lexington Park, MD ($1,602) and Midland, TX ($1,588).

Salt Lake City next to Utah and similar metros

Statewide, Utah's median two-bedroom rent is $1,423 and its median home value $489,400. Salt Lake City's rent is +12% against that, and its home value +5%; the price parity is 100.9 versus 98.9 for the state.

Run Utah's statewide medians through the same score and Comfortable begins at $224,000; Salt Lake City's line is +14% from that.

Within Utah, the metros closest to Salt Lake City on rent and overall prices are Ogden, UT, St. George, UT, and Provo-Orem-Lehi, UT. Their Comfortable lines for two bedrooms sit at $226,000, $219,000, and $219,000.

Does the typical Salt Lake City income clear the bar?

What about a typical local household? Census puts median household income here at $98,083, which grades Tight (38) for a two-bedroom at the median rent. Put differently, Salt Lake City's typical household is $156,917 below the $255,000 it takes to read Comfortable on two bedrooms. For Utah as a whole, the median household income of $95,166 scores 41 against statewide rents. Since a household can have two or more earners, compare it with a combined income rather than one paycheck.

These are pre-tax estimates from public statistics, not financial advice.