North Salt Lake, UT

Above Avg · 126

Utah · Population 23,239 · Updated March 2026

$1,613
Median Rent / Month
$106,885
Median Income
$469,800
Median Home Value
$1,597
Owner Costs / Month

Affordability

How far your income goes in North Salt Lake

18.1%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Utah

State-level tax rates that affect your costs

4.65%
Income Tax (Top Rate)
6.1%
Sales Tax
0.58%
Property Tax Rate

Estimated Annual Costs

$19,356
Annual Rent
$4,970
State Income Tax
$2,725
Property Tax (est.)

Cost of Living Overview

North Salt Lake has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 126 (where 100 equals the national median), North Salt Lake residents can expect to pay median rent of $1,613/month while earning a median household income of $106,885/year.

The median home value in North Salt Lake, UT is $469,800, with typical monthly owner costs around $1,597 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.1% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Utah has a moderate income tax rate of 4.65%. Combined with a 6.1% sales tax rate and 0.58% effective property tax rate, the overall tax environment is a factor in the total cost of living in North Salt Lake.

Frequently Asked Questions

Common questions about living costs in North Salt Lake

What is the cost of living in North Salt Lake, UT?
The cost of living index in North Salt Lake, UT is 126 (US average = 100). Median monthly rent is $1,613, median household income is $106,885/year, and the median home value is $469,800.
Is North Salt Lake, UT affordable?
No, North Salt Lake is more expensive than the national average with a cost index of 126. The rent-to-income ratio is 18.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in North Salt Lake, UT?
The median gross rent in North Salt Lake, UT is $1,613 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,356.
What is the median household income in North Salt Lake?
The median household income in North Salt Lake, UT is $106,885 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Utah?
Utah has a top income tax rate of 4.65%, a sales tax of 6.1%, and an effective property tax rate of 0.58%.