Cost of Living in South Salt Lake, UT

With a cost of living index of 106, South Salt Lake, UT is somewhat more expensive than average. Living here is 6% more expensive than the national average and in line with the Utah state average. With a population of 26,277, South Salt Lake is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.

Housing costs are the biggest factor in South Salt Lake's cost of living. The median monthly rent is $1,329 (1% above the US median of $1,319), and the median home value sits at $390,400 (28% above the national median of $304,900). At current prices, the median home costs roughly 5.7x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in South Salt Lake is $68,035, which is 9% lower than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Salt Lake City-Murray, UT (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.