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Richmond vs Salt Lake City: which is cheaper?

Richmond is 3% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $61,846 in Salt Lake City to live the same way.

🏠 Rent per month
$1,644
$1,608
🛏️ 2-bedroom rent
$1,520
$1,657
💵 Families earn per year
$69,657
$80,985
🔑 Buying a house
$353,000
$539,500
📊 Overall prices (U.S. = 100)
97.9
100.9
🏛️ Property tax per year
$3,150
$2,729
⚡ Electric bill per month
$141
$77
👥 People living there
229,359
208,007
Commute to work
21.7 min
19.5 min
College degree
45.6%
51.5%
Own their home
43.5%
45.8%
Below poverty line
18.2%
13.6%
Unemployment
5.7%
4.2%

Bottom line

Pay for the same job

JobRichmondSalt Lake CityDifference
Police Officer$62,720$80,970+29% in Salt Lake City
Elementary School Teacher$61,290$77,920+27% in Salt Lake City
Market Research Analyst$81,660$64,670-21% in Salt Lake City
Server (Waiter/Waitress)$38,470$32,320-16% in Salt Lake City
Carpenter$51,870$59,870+15% in Salt Lake City
Cashier$30,350$33,390+10% in Salt Lake City
Warehouse Worker$40,270$44,190+10% in Salt Lake City
Dental Hygienist$104,250$94,330-10% in Salt Lake City

Frequently asked questions

Is Richmond or Salt Lake City cheaper to live in?

Richmond is about 3% cheaper overall. Rent is $1,644 a month there versus $1,608 in Salt Lake City.

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

About $61,846 a year gives the same standard of living in Salt Lake City.

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

The typical household earns $69,657 in Richmond and $80,985 in Salt Lake City, 14% more in Salt Lake City.

More comparisons

All Richmond comparisons → · All Salt Lake City comparisons →

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