New York vs Salt Lake City

Cost of Living Comparison

New York

Gross Salary $70,000
Tax -$10,486
Rent (2BR) -$34,920
Net Income $24,594

To match your lifestyle in Salt Lake City, you'd need:

$46,130

The Verdict

Cost of Living Index

New York 149.7
Salt Lake City 118.5
Cheaper Avg (100) Pricier

Purchasing Power

New York $16,433
Salt Lake City $32,530

Salt Lake City

Gross Salary $70,000
Tax -$10,496
Rent (2BR) -$20,964
Net Income $38,540

To match your lifestyle in New York, you'd need:

$103,330

The Bottom Line

On a $70,000 salary, you would have $13,946 more per year in Salt Lake City compared to New York. You'd pay $10 more in taxes in Salt Lake City, while housing costs 40% less. The cost of living in New York is 50% above avg, while Salt Lake City is 18% above avg, making Salt Lake City the more affordable city overall. Your $70,000 salary in New York feels like earning $46,130 in Salt Lake City once you factor in taxes, rent, and cost of living. For K-12 education, Salt Lake City has a better pupil-teacher ratio (0:1 vs 0:1). College is more affordable in Salt Lake City ($19,246 vs $15,142 avg in-state tuition).

K-12 Schools

New York
Salt Lake City
Schools
4,508
340
Enrollment
2,774,536
237,888
Pupil:Teacher
0:1
0:1
Charter %
6.3%
16.2%
Title I %
0%
0%

Colleges & Universities

New York
Salt Lake City
Institutions
364
26
In-State Tuition
$19,246
$15,142
Out-of-State
$20,786
$17,639
Grad Rate
59.0%
63.7%

Frequently Asked Questions

Is New York or Salt Lake City more expensive?

New York is more expensive with a cost of living index of 149.7 vs 118.5 (national average = 100).

What salary in Salt Lake City equals $70,000 in New York?

You would need to earn approximately $46,130 in Salt Lake City to maintain the same purchasing power as a $70,000 salary in New York, after accounting for taxes, rent, and cost of living differences.

How much is rent in New York vs Salt Lake City?

Average annual rent for a 2-bedroom apartment is $34,920 in New York and $20,964 in Salt Lake City—housing is 40% less in Salt Lake City.