SalaryCompareTool

New York, NY vs Salt Lake City, UT

Moving from New York to Salt Lake City? Here's what changes — from your equivalent salary to housing ($727,625 → $568,656 median home) and taxes.

New York vs Salt Lake City at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

New York, NY Salt Lake City, UT Cost-of-living index New York, NY — Cost-of-living index: 113 113 Salt Lake City, UT — Cost-of-living index: 97 97 Median home price New York, NY — Median home price: $728k $728k Salt Lake City, UT — Median home price: $569k $569k Price per sqft New York, NY — Price per sqft: $455 $455 Salt Lake City, UT — Price per sqft: $271 $271 Median rent New York, NY — Median rent: $3,503 $3,503 Salt Lake City, UT — Median rent: $1,641 $1,641 Combined sales tax New York, NY — Combined sales tax: 8.5% 8.5% Salt Lake City, UT — Combined sales tax: 7.2% 7.2% Property tax rate New York, NY — Property tax rate: 1.74% 1.74% Salt Lake City, UT — Property tax rate: 0.59% 0.59% Violent crime /100k New York, NY — Violent crime /100k: 350 350 Salt Lake City, UT — Violent crime /100k: 260 260 Electricity ¢/kWh New York, NY — Electricity ¢/kWh: 29.4 29.4 Salt Lake City, UT — Electricity ¢/kWh: 13.3 13.3 Avg commute (min) New York, NY — Avg commute (min): 36 36 Salt Lake City, UT — Avg commute (min): 23 23 Avg summer high °F New York, NY — Avg summer high °F: 83° 83° Salt Lake City, UT — Avg summer high °F: 92° 92° Avg winter low °F New York, NY — Avg winter low °F: 16° 16° Salt Lake City, UT — Avg winter low °F: 24° 24°

To keep the same standard of living as $100,000 in New York, NY, you'd need about $86,240 in Salt Lake City, UT (−$13,760).

Livability — New York, NY: 44 · Salt Lake City, UT: 64 (0–100).

What your home budget buys

A $500,000 home budget gets you about 1,099 sqft in New York vs 1,846 sqft in Salt Lake City ($455 vs $271 per sqft).

Annual cost breakdown (at $100,000)

CategoryNew York, NYSalt Lake City, UTDifference
Housing $42,036 $19,692 −$22,344
Groceries $5,415 $4,736 −$679
Transportation $3,895 $3,450 −$445
Utilities $3,180 $1,440 −$1,740
Insurance $1,600 $1,200 −$400
Taxes $23,496 $9,729 −$13,767
Total $79,622 $40,246 −$39,375

Side by side

MetricNew York, NYSalt Lake City, UT
Cost-of-living index112.697.1
Unemployment rate6.55%3.61%
Population growth (5-yr)-1.4%7.2%
Air quality (median AQI)5256
Big Mac price (est.)$6.41$5.53
Median home price$727,625$568,656
Home price ÷ income7.8×6.3×
1-yr home appreciation4.1%1.3%
Price per square foot$455$271
Median rent$3,503$1,641
Total tax burden (% income)15.9%12.1%
Combined sales tax8.52%7.19%
Capital gains tax10.90%4.65%
Property tax rate1.74%0.59%
Healthcare (annual)$7,800$6,000
Childcare (annual, infant)$17,000$10,000
Vehicle property taxNoneNone
Avg commute (min)3623
Home insurance / yr$1,600$1,200
Auto insurance / yr$2,100$1,500
Flood insurance / yr$800$500
Earthquake insurance / yr$100$450
Electricity ¢/kWh29.413.3
Gas $/gal3.453.60
Violent crime /100k350260
Avg summer high °F8392
Avg winter low °F1624
Permit difficulty (1–5)52

Ad · affiliate links