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Cost of living: New York, NY vs Salt Lake City, UT (2024)

Quick answer

Overall prices in the New York, NY metro were 112.6 vs 100.9 in Salt Lake City, UT in 2024 (US = 100), so New York is 11.6% more expensive than Salt Lake City; housing rents differ by 21% (148.6 vs 123.3). A $75,000 income in New York buys about what $67,208 buys in Salt Lake City, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)New YorkSalt Lake CityNew York vs Salt Lake City
All items112.6100.9+11.6%
Goods110.396.4+14.3%
Housing (rents)148.6123.3+20.5%
Utilities127.079.0+60.8%
Other services105.899.0+6.9%
All items, 2008113.598.5+15.2%
$50,000 in New York equals in Salt Lake City$44,805
$100,000 in New York equals in Salt Lake City$89,610
$150,000 in New York equals in Salt Lake City$134,415

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Last updated 2026-10-16. Data only, not financial or tax advice.

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