Financial Profile: Utah
Financial landscape, tax rates, cost of living, and median income scoring for Utah residents.
Utah at a Glance
Avg Salary
$58,000
Cost of Living
104
Top Tax Rate
4.7%
Adjusted Income
$55,769
Monthly Take-Home
$3,824
Max Rent (30%)
$1,449
Financial Genome at Median Income
Scores calculated for someone earning $58,000/yr in Utah with typical expenses.
PPI
40
C
FPI
25
F
LRS
56
C+
REW
30
D
Living in Utah: Financial Overview
Utah has a flat 4.65% income tax rate.
- Flat tax rate
- Growing tech hub
- High quality of life
Major Cities
Salt Lake City, West Valley City, Provo, Sandy
With a cost of living index of 104 (above the national average of 100), expenses are higher in Utah. A $60,000 salary here has the purchasing power equivalent of only $57,692 in an average-cost area.
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