Quick answer
Overall prices in the Chicago, IL metro were 103.6 vs 100.9 in Salt Lake City, UT in 2024 (US = 100), so Chicago is 2.7% more expensive than Salt Lake City; housing rents differ by 9% (112.0 vs 123.3). A $75,000 income in Chicago buys about what $73,026 buys in Salt Lake City, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Chicago | Salt Lake City | Chicago vs Salt Lake City |
|---|---|---|---|
| All items | 103.6 | 100.9 | +2.7% |
| Goods | 107.3 | 96.4 | +11.2% |
| Housing (rents) | 112.0 | 123.3 | -9.2% |
| Utilities | 83.6 | 79.0 | +5.8% |
| Other services | 100.5 | 99.0 | +1.5% |
| All items, 2008 | 105.4 | 98.5 | +7.1% |
| $50,000 in Chicago equals in Salt Lake City | $48,684 | ||
| $100,000 in Chicago equals in Salt Lake City | $97,368 | ||
| $150,000 in Chicago equals in Salt Lake City | $146,051 |
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Last updated 2026-10-16. Data only, not financial or tax advice.