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Madison vs Salt Lake City: which is cheaper?

Madison is 4% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $62,209 in Salt Lake City to live the same way.

🏠 Rent per month
$1,723
$1,608
🛏️ 2-bedroom rent
$1,628
$1,657
💵 Families earn per year
$84,177
$80,985
🔑 Buying a house
$372,900
$539,500
📊 Overall prices (U.S. = 100)
97.3
100.9
🏛️ Property tax per year
$6,541
$2,729
⚡ Electric bill per month
$120
$77
👥 People living there
278,001
208,007
Commute to work
19.4 min
19.5 min
College degree
59.9%
51.5%
Own their home
46%
45.8%
Below poverty line
16.4%
13.6%
Unemployment
2.7%
4.2%

Bottom line

Pay for the same job

JobMadisonSalt Lake CityDifference
Plumber$85,160$64,800-24% in Salt Lake City
Elementary School Teacher$63,690$77,920+22% in Salt Lake City
Electrician$78,430$62,620-20% in Salt Lake City
Operations Manager$126,620$103,710-18% in Salt Lake City
Registered Nurse$101,190$85,890-15% in Salt Lake City
Nursing Assistant$45,260$40,510-10% in Salt Lake City
Lawyer$124,130$136,990+10% in Salt Lake City
Pharmacist$158,120$147,010-7% in Salt Lake City

Frequently asked questions

Is Madison or Salt Lake City cheaper to live in?

Madison is about 4% cheaper overall. Rent is $1,723 a month there versus $1,608 in Salt Lake City.

What salary do I need in Salt Lake City to match $60,000 in Madison?

About $62,209 a year gives the same standard of living in Salt Lake City.

Where do people earn more, Madison or Salt Lake City?

The typical household earns $84,177 in Madison and $80,985 in Salt Lake City, 4% more in Madison.

More comparisons

All Madison comparisons → · All Salt Lake City comparisons →

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