Phoenix is 7% cheaper than Salt Lake City.
When comparing Phoenix, AZ and Salt Lake City, UT, the overall cost of living indices are 109 and 117 respectively (national median = 100). Rent is $115/month cheaper in Salt Lake City, saving renters about $1,380/year.
Median household income is $2,116/year higher in Phoenix. Home values also differ significantly — the median in Phoenix is $381,900 compared to $495,700 in Salt Lake City.
Arizona has a lower income tax rate, making Phoenix slightly more tax-friendly.
Phoenix vs Salt Lake City — common questions
Other cost of living comparisons for Phoenix and Salt Lake City