CostIndexUSA

Salt Lake City, UT vs Tampa, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostUT
Salt Lake City
100.9
overall index
$1,575/mo rent
FL
Tampa
100.9
overall index
$1,975/mo rent

Salt Lake City and Tampa have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+2.0%
Salt Lake City
123.3
Tampa
125.8
🛒 Groceries0.9%
Salt Lake City
96.4
Tampa
95.5
🚗 Transportation1.4%
Salt Lake City
103.9
Tampa
102.4
🏥 Healthcare1.4%
Salt Lake City
94
Tampa
92.7
Utilities+12.0%
Salt Lake City
79
Tampa
88.5

Salary Equivalency Calculator

Enter your current salary in Salt Lake City to see what you'd need to earn in Tampa to maintain the same purchasing power.

$
Equivalent salary in Tampa, FL
$80,000
Same salary works in both cities

Formula: salary × (100.9 ÷ 100.9) = salary × 1.0000. Based on BEA Regional Price Parities.

Housing Market

Salt Lake City, UT

Median Home Price
$554,000
Median Monthly Rent
$1,575
Housing Index
123.3
Price-to-Rent Ratio
29.3×

Tampa, FL

Median Home Price
$352,000
Median Monthly Rent
$1,975
Housing Index
125.8
Price-to-Rent Ratio
14.9×

Tampa has 2.0% higher housing costs compared to Salt Lake City.

Income & Job Market

Salt Lake City, UT

Median Household Income
$94,400
Per Capita Income
$53,800
Unemployment Rate
3.4%
Population
200,567
Top Industries
TechnologyHealthcareFinanceTourismGovernment

Tampa, FL

Median Household Income
$72,700
Per Capita Income
$41,400
Unemployment Rate
4.1%
Population
399,700
Top Industries
FinanceHealthcareTourismTechnologyLogistics

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Salt Lake City, UT
5.0×income-to-rent ratio

80% of income left after rent (median)

Tampa, FL
3.1×income-to-rent ratio

67% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.