CostIndexUSA

Salt Lake City, UT vs Waterbury, CT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

UT
Salt Lake City
100.9
overall index
$1,575/mo rent
More AffordableCT
Waterbury
99.8
overall index
$1,325/mo rent

Waterbury is slightly cheaper than Salt Lake City — 1.1% lower overall cost of living.

To match an $80,000 salary in Salt Lake City, you would need $79,100 in Waterbury. Calculate your salary ↓

Category Breakdown

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

🏠 Housing27.7%
Salt Lake City
123.3
Waterbury
89.1
🛒 Groceries+0.9%
Salt Lake City
96.4
Waterbury
97.3
🚗 Transportation+3.8%
Salt Lake City
103.9
Waterbury
107.8
🏥 Healthcare+3.7%
Salt Lake City
94
Waterbury
97.5
Utilities+86.8%
Salt Lake City
79
Waterbury
147.6

Salary Equivalency Calculator

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

$
Equivalent salary in Waterbury, CT
$79,100
$900 less needed in Waterbury

Formula: salary × (99.8 ÷ 100.9) = salary × 0.9891. 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×

Waterbury, CT

Median Home Price
$420,000
Median Monthly Rent
$1,325
Housing Index
89.1
Price-to-Rent Ratio
26.4×

Salt Lake City has 27.7% lower housing costs compared to Waterbury.

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

Waterbury, CT

Median Household Income
$81,300
Per Capita Income
$46,300
Unemployment Rate
5.3%
Population
114,403
Top Industries
HealthcareManufacturingFinanceEducationGovernment

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)

Waterbury, CT
5.1×income-to-rent ratio

80% 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.