Quick answer
Overall prices in the Miami, FL metro were 114.2 vs 100.9 in Salt Lake City, UT in 2024 (US = 100), so Miami is 13.2% more expensive than Salt Lake City; housing rents differ by 26% (155.6 vs 123.3). A $75,000 income in Miami buys about what $66,270 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) | Miami | Salt Lake City | Miami vs Salt Lake City |
|---|---|---|---|
| All items | 114.2 | 100.9 | +13.2% |
| Goods | 103.6 | 96.4 | +7.4% |
| Housing (rents) | 155.6 | 123.3 | +26.1% |
| Utilities | 97.2 | 79.0 | +23.1% |
| Other services | 109.1 | 99.0 | +10.3% |
| All items, 2008 | 106.5 | 98.5 | +8.1% |
| $50,000 in Miami equals in Salt Lake City | $44,180 | ||
| $100,000 in Miami equals in Salt Lake City | $88,361 | ||
| $150,000 in Miami equals in Salt Lake City | $132,541 |
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Last updated 2026-10-16. Data only, not financial or tax advice.