Cost of Living in South salt lake, UT
Housing
The housing market plays a significant role in determining the cost of living in South salt lake, UT.
- Housing Index: 108.8 / 100
- Median Home Price is: $400,000
- Average Rent (2 BR Apartment): $1457 per month
- Average Rent (2 BR House): $1584 per month
Considering a move to South salt lake, UT? The housing index stands at 108.8, indicating a potentially competitive market. With a median home price of 400000, it’s crucial to assess how this fits within your budget. Renters may also find that there are no reported averages for a 2-bedroom apartment or house, perhaps suggesting a lack of available units or new development opportunities. Meanwhile, it's wise to look into local amenities and economic opportunities, as they can significantly drive home values and rental prices in growing areas.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in South salt lake, UT.
- Electricity Price: $11.5 USD (median by state)
- Natural Gas Price: $14 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $242 per month
Living in South salt lake, UT could entail higher utility costs. Electricity costs sit at $11.5, while natural gas is priced at $14 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $242 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if South salt lake is a financially viable option for your relocation.