Cost of living in South Salt Lake, UT

The median home value in South Salt Lake, UT is $444,550 as of 2026-04. That places South Salt Lake above the US average for housing cost, with a cost index of approximately 125 versus a national baseline of 100.

Over the past 12 months, the median home value in South Salt Lake has moved sideways, and over the past five years it has averaged +3.5% annual growth. The current price sits -6.0% from its 5-year peak in 2022-06.

Renters pay a median of $1,497 per month in South Salt Lake. Rents have changed +0.6% over the last year and averaged +4.7% per year over five years.

Beyond housing, day-to-day costs in South Salt Lake are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.