Median rent is 23% lower in Salt Lake City ($1,414/mo vs $1,831/mo). Buying is cheaper in Salt Lake City, where the median home runs $539,500 versus $616,000. Households earn more in Denver ($94,718 vs $75,090 a year).
City A
Denver, CO
City B
Salt Lake City, UT
How much would you need to earn in Salt Lake City, UT to maintain your standard of living from Denver, CO?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
Denver
Colorado
Salt Lake City
Utah
Population
Median Household Income
Annual
Median Gross Rent
Per month
Median Home Value
Cost of Living Index
US avg = 100
1BR Fair Market Rent
HUD FMR
2BR Fair Market Rent
HUD FMR
3BR Fair Market Rent
HUD FMR
Air Quality Index
Lower = cleaner
Top State Income Tax
Top marginal rate
State Sales Tax
Statewide base rate
Median Age
Years
✓ = better value · Sources: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Salt Lake City — median rent of $1,414/mo versus $1,831/mo in Denver, a 23% difference. Median home values are within 12% of each other: $616,000 in Denver and $539,500 in Salt Lake City.
Metric
Denver
Salt Lake City
Software Developer
Registered Nurse
Elementary Teacher
Electrician
Accountant
Higher wage highlighted · BLS OEWS 2023 (metro-level data)
State tax data is not yet available for these cities.
Denver
Income tax: N/A
Sales tax: N/A
Salt Lake City
Income tax: N/A
Sales tax: N/A
Denver has cleaner air on average: 27.0 AQI (Good) compared to 41.0 AQI (Good) in the other city. Lower AQI means cleaner, healthier air.
Pick Denver if you prioritize higher median household income ($94,718/yr).
Pick Salt Lake City if you prioritize cheaper rent ($1,414/mo median).
Pick Denver if you prioritize cleaner air quality (avg AQI 27.0).
Cost of living index data is not yet available for one or both cities.
Median rent is $1,831/mo in Denver, CO and $1,414/mo in Salt Lake City, UT. Salt Lake City, UT has the lower rent by about 23%.
Median household income is $94,718 in Denver, CO and $75,090 in Salt Lake City, UT. Denver, CO has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Denver, CO has better air quality on average: 27.0 AQI versus 41.0 AQI. Both are EPA AirNow annual averages; lower is better.
State tax data is not yet available for one or both cities.
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
