Cost of Living in Wasatch Hollow, Salt Lake City, UT

F
48%
Overall NAT. AVG.
6%
Goods & Services NAT. AVG.
154%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Wasatch Hollow Salt Lake City Utah
Cost of living148122104
Goods & Services106106102
Groceries10010099
Health care969691
Housing254164114
Transportation110110105
Utilities949495
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Cost Of Living Quick Facts

  • The cost of living in Wasatch Hollow is 42% higher than the Salt Lake City average
  • The cost of living in Wasatch Hollow is 48% higher than the national average
  • Wasatch Hollow housing is 154% higher than the national average
  • Utah general sales tax is 20% higher than the national average
  • Utah state income tax is 87% higher than the national average

Most Affordable Places to Live in and Around Wasatch Hollow

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Compare Salt Lake City, UT Cost of Living

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Household$125,469$10,456$2,927$3,764

      Utah Sales Tax

      State General Sales Tax With Max Surtax
      Utah 6.1% 8.35%

      Utah Income Tax

      State Income Tax (Low) Income Tax (High)
      Utah 4.85% 4.85%

      Goods & Services

      Item Salt Lake City National avg. Difference
      Haircut $20.87$24.2614.0%
      Beauty Salon $50.33$45.5610.5%
      Toothpaste $3.57$3.703.6%
      Shampoo $1.18$1.288.1%
      Movie $9.94$12.1318.1%
      Bowling $19.80$18.0010.0%

      Groceries

      Item Salt Lake City National avg. Difference
      Ground Beef $5.76$5.841.3%
      Fried Chicken $1.51$1.574.2%
      Milk $4.65$4.670.4%
      Potatoes $4.60$4.936.7%
      Pizza $11.69$12.093.3%
      Beer $10.59$10.411.7%

      Health Care

      Item Salt Lake City National avg. Difference
      Optometrist $125.19$125.680.4%
      Doctor $117.14$135.7813.7%
      Dentist $85.13$113.2924.9%
      Ibuprofen $10.89$10.652.3%
      Lipitor $528.57$468.6012.8%

      Housing

      Item Salt Lake City National avg. Difference
      Home Price $346,100.00$184,700.0087.4%
      Avg. Mortgage Payment $3,117.82$2,346.6932.9%
      Apartment Rent $1,050.00$949.0010.6%

      Transportation

      Item Salt Lake City National avg. Difference
      Gasoline $3.75$3.468.3%
      Tire Balancing $57.07$59.924.8%

      Utilities

      Item Salt Lake City National avg. Difference
      All Electricity $198.43$193.992.3%
      Phone $192.11$192.250.1%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Copperton, UT8391076.6%
      Magna, UT27,0291098.8%
      South Salt Lake, UT25,1251109.6%
      Kearns, UT36,45711110.7%
      West Valley City, UT135,61011110.9%
      Salt Lake City, UT200,13312221.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Yonkers, NY200,18314444.0%
      Huntsville, AL199,845982.1%
      Huntington Beach, CA199,77818787.4%
      Grand Rapids, MI199,417927.7%
      Glendale, CA199,35719190.5%
      Salt Lake City, UT200,13312221.5%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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