Quick answer
Overall prices in the Detroit, MI metro were 100.3 vs 100.9 in Salt Lake City, UT in 2024 (US = 100), so Detroit is 0.6% less expensive than Salt Lake City; housing rents differ by 23% (94.7 vs 123.3). A $75,000 income in Detroit buys about what $75,426 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) | Detroit | Salt Lake City | Detroit vs Salt Lake City |
|---|---|---|---|
| All items | 100.3 | 100.9 | -0.6% |
| Goods | 98.8 | 96.4 | +2.5% |
| Housing (rents) | 94.7 | 123.3 | -23.2% |
| Utilities | 107.0 | 79.0 | +35.4% |
| Other services | 102.6 | 99.0 | +3.7% |
| All items, 2008 | 100.6 | 98.5 | +2.1% |
| $50,000 in Detroit equals in Salt Lake City | $50,284 | ||
| $100,000 in Detroit equals in Salt Lake City | $100,568 | ||
| $150,000 in Detroit equals in Salt Lake City | $150,852 |
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Last updated 2026-10-16. Data only, not financial or tax advice.