Quick answer
Overall prices in the Phoenix, AZ metro were 103.3 vs 100.9 in Salt Lake City, UT in 2024 (US = 100), so Phoenix is 2.4% more expensive than Salt Lake City; housing rents differ by 2% (121.2 vs 123.3). A $75,000 income in Phoenix buys about what $73,223 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) | Phoenix | Salt Lake City | Phoenix vs Salt Lake City |
|---|---|---|---|
| All items | 103.3 | 100.9 | +2.4% |
| Goods | 95.0 | 96.4 | -1.5% |
| Housing (rents) | 121.2 | 123.3 | -1.7% |
| Utilities | 93.3 | 79.0 | +18.1% |
| Other services | 104.0 | 99.0 | +5.1% |
| All items, 2008 | 105.7 | 98.5 | +7.3% |
| $50,000 in Phoenix equals in Salt Lake City | $48,815 | ||
| $100,000 in Phoenix equals in Salt Lake City | $97,631 | ||
| $150,000 in Phoenix equals in Salt Lake City | $146,446 |
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Last updated 2026-10-16. Data only, not financial or tax advice.