CostIndexUSA

Asheville, NC vs Salt Lake City, UT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNC
Asheville
96.5
overall index
$1,750/mo rent
UT
Salt Lake City
100.9
overall index
$1,575/mo rent

Asheville is slightly cheaper than Salt Lake City — 4.6% lower overall cost of living.

To match an $80,000 salary in Asheville, you would need $83,600 in Salt Lake City. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+32.0%
Asheville
93.4
Salt Lake City
123.3
🛒 Groceries≈ Equal
Asheville
96.6
Salt Lake City
96.4
🚗 Transportation+0.8%
Asheville
103.1
Salt Lake City
103.9
🏥 Healthcare+0.8%
Asheville
93.3
Salt Lake City
94
Utilities10.8%
Asheville
88.6
Salt Lake City
79

Salary Equivalency Calculator

Enter your current salary in Asheville to see what you'd need to earn in Salt Lake City to maintain the same purchasing power.

$
Equivalent salary in Salt Lake City, UT
$83,600
$3,600 more needed in Salt Lake City

Formula: salary × (100.9 ÷ 96.5) = salary × 1.0456. Based on BEA Regional Price Parities.

Housing Market

Asheville, NC

Median Home Price
$413,000
Median Monthly Rent
$1,750
Housing Index
93.4
Price-to-Rent Ratio
19.7×

Salt Lake City, UT

Median Home Price
$554,000
Median Monthly Rent
$1,575
Housing Index
123.3
Price-to-Rent Ratio
29.3×

Salt Lake City has 32.0% higher housing costs compared to Asheville.

Income & Job Market

Asheville, NC

Median Household Income
$67,800
Per Capita Income
$38,600
Unemployment Rate
3.1%
Population
92,452
Top Industries
TourismHealthcareTechnologyArtsManufacturing

Salt Lake City, UT

Median Household Income
$94,400
Per Capita Income
$53,800
Unemployment Rate
3.4%
Population
200,567
Top Industries
TechnologyHealthcareFinanceTourismGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Asheville, NC
3.2×income-to-rent ratio

69% of income left after rent (median)

Salt Lake City, UT
5.0×income-to-rent ratio

80% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.