Housing costs in South Salt Lake?
A typical home costs
$426,700, which is 26.2% more expensive than the national average of
$338,100 and 16.4% less expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in South Salt Lake costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 4.5% more than the state average of
$1,280.
Can I afford South Salt Lake?
To live comfortably in South Salt Lake, Utah, a minimum annual income of
$81,720 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about South Salt Lake?
The cost of living in South Salt Lake, UT is quite reasonable compared to other areas in the region. The median home price is around $285,000, significantly lower than the national average. Utility costs are also relatively low, and there are plenty of grocery options to choose from. Renters’ costs range from $650 to $1000 per month depending on the size and location of the property. The overall cost of living is slightly higher than the US average due to higher taxes but is still quite affordable for most people.