Salt Lake City is 12% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Salt Lake City to live the same way.
🏠 Rent per month
$2,538
$1,608
🛏️ 2-bedroom rent
$1,983
$1,657
💵 Families earn per year
$67,365
$80,985
🔑 Buying a house
$518,100
$539,500
📊 Overall prices (U.S. = 100)
114.2
100.9
🏛️ Property tax per year
$4,586
$2,729
⚡ Electric bill per month
$133
$77
👥 People living there
459,745
208,007
Commute to work
27.3 min
19.5 min
College degree
37.4%
51.5%
Own their home
30.8%
45.8%
Below poverty line
19.4%
13.6%
Unemployment
5.2%
4.2%
Bottom line
- Pick Miami for cheaper homes.
- Pick Salt Lake City for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
Pay for the same job
| Job | Miami | Salt Lake City | Difference |
|---|---|---|---|
| Elementary School Teacher | $58,300 | $77,920 | +34% in Salt Lake City |
| Firefighter | $75,710 | $59,150 | -22% in Salt Lake City |
| Truck Driver | $51,580 | $62,310 | +21% in Salt Lake City |
| Market Research Analyst | $78,990 | $64,670 | -18% in Salt Lake City |
| Civil Engineer | $83,750 | $98,800 | +18% in Salt Lake City |
| Carpenter | $51,570 | $59,870 | +16% in Salt Lake City |
| Customer Service Representative | $39,560 | $45,410 | +15% in Salt Lake City |
| Lawyer | $160,320 | $136,990 | -15% in Salt Lake City |
Frequently asked questions
Is Miami or Salt Lake City cheaper to live in?
Salt Lake City is about 12% cheaper overall. Rent is $1,608 a month there versus $2,538 in Miami.
What salary do I need in Salt Lake City to match $60,000 in Miami?
About $53,016 a year gives the same standard of living in Salt Lake City.
Where do people earn more, Miami or Salt Lake City?
The typical household earns $67,365 in Miami and $80,985 in Salt Lake City, 17% more in Salt Lake City.