Austin is 15% more expensive than Salt Lake City.
When comparing Austin, TX and Salt Lake City, UT, the overall cost of living indices are 134 and 117 respectively (national median = 100). Rent is $312/month cheaper in Salt Lake City, saving renters about $3,744/year.
Median household income is $16,536/year higher in Austin. Home values also differ significantly — the median in Austin is $512,700 compared to $495,700 in Salt Lake City.
Texas has no state income tax, giving Austin residents a significant tax advantage over Utah's 4.65% rate.
Austin vs Salt Lake City — common questions
Other cost of living comparisons for Austin and Salt Lake City