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Cost of Living / Denver vs Salt Lake City

Cost of Living: Denver vs Salt Lake City (2026)

Salt Lake City is 8.6% cheaper than Denver

To keep the same standard of living as $100,000 in Denver, you'd need about $91,400 in Salt Lake City — a $8,600 saving per year.

Denver, CO
105.5
Price level (100 = US avg)
$5,399/mo
Sample monthly budget
Salt Lake City, UT
96.4
Price level (100 = US avg)
$4,903/mo
Sample monthly budget

Monthly Cost Breakdown

Estimated monthly spending for a middle-income household, adjusted by each metro's BEA price level.

Housing (rent/mortgage)
−$344/mo
Denver
$2,308
Salt Lake City
$1,964
Groceries
−$25/mo
Denver
$515
Salt Lake City
$490
Transportation
−$45/mo
Denver
$927
Salt Lake City
$882
Healthcare
−$25/mo
Denver
$495
Salt Lake City
$470
Utilities
−$22/mo
Denver
$443
Salt Lake City
$421
Other (apparel, entertainment)
−$35/mo
Denver
$711
Salt Lake City
$676
Total / month
Denver
$5,399
Salt Lake City
$4,903
Difference
−$496

Equivalent Salary: Denver → Salt Lake City

The salary you'd need in Salt Lake City to maintain the same purchasing power as each income level in Denver, using the BEA price ratio of 0.914.

Salary in DenverEquivalent in Salt Lake CityDifference
$50,000$45,700−$4,300
$75,000$68,500−$6,500
$100,000$91,400−$8,600
$150,000$137,100−$12,900
$200,000$182,700−$17,300

Denver vs Salt Lake City: What the Numbers Mean

Moving from Denver, CO to Salt Lake City, UT means your everyday costs are cheaper by roughly 8.6%. The U.S. Bureau of Economic Analysis measures Denver's overall price level at 105.5 and Salt Lake City's at 96.4, where 100 represents the national average. In practical terms, a household spending $5,399 per month in Denver would spend about $4,903 for the equivalent lifestyle in Salt Lake City — a swing of $496 every month, or $5,952 per year.

Housing is the decisive factor. Estimated monthly housing runs $2,308 in Denver against $1,964 in Salt Lake City. Because rent and mortgage costs vary far more between metros than groceries or utilities, the housing line alone accounts for most of the 8.6% gap.

For salary negotiation or a remote-work relocation, the key number is the equivalent salary. A $100,000 income in Denver has the same purchasing power as $91,400 in Salt Lake City. Looked at the other way, $100,000 in Salt Lake City is worth about $109,400 in Denver terms. Use the Cost of Living Calculator to plug in your own expenses.

Don't forget state taxes

Price levels don't include income tax, which can significantly swing your real take-home pay — especially between CO and UT.

State Tax Calculator Paycheck by State

Related Comparisons

Denver vs San Francisco→Denver vs Phoenix→Denver vs Los Angeles→Denver vs Minneapolis→Denver vs Seattle→Denver vs Portland→Salt Lake City vs San Francisco→Salt Lake City vs Los Angeles→Salt Lake City vs Seattle→Salt Lake City vs New York→

Frequently Asked Questions

Is Salt Lake City more expensive than Denver?

Salt Lake City is 8.6% cheaper than Denver overall. Based on the U.S. Bureau of Economic Analysis Regional Price Parities (2023), Denver has a price level of 105.5 versus 96.4 for Salt Lake City, where 100 equals the national average.

What salary do I need in Salt Lake City to match $100,000 in Denver?

To maintain the same purchasing power as a $100,000 salary in Denver, you would need about $91,400 in Salt Lake City — a difference of $8,600 per year.

Which costs more, housing in Denver or Salt Lake City?

Estimated monthly housing runs about $2,308 in Denver versus $1,964 in Salt Lake City. Housing is the single biggest driver of the cost-of-living gap between the two metros.

Sources & methodology

Price levels use the U.S. Bureau of Economic Analysis Regional Price Parities for metropolitan areas (2023, the most recent metro-level release). Denver maps to the Denver-Aurora-Lakewood, CO MSA; Salt Lake City maps to the Salt Lake City, UT MSA. Category spending baselines come from the U.S. Bureau of Labor Statistics Consumer Expenditure Survey. Category-level figures are modeled estimates and are illustrative; actual costs vary by household. This is a planning tool, not financial advice.