CostIndexUSA

McAllen, TX vs Salt Lake City, UT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
McAllen
85.9
overall index
$1,100/mo rent
UT
Salt Lake City
100.9
overall index
$1,575/mo rent

McAllen is significantly cheaper than Salt Lake City — 17.5% lower overall cost of living.

To match an $80,000 salary in McAllen, you would need $94,000 in Salt Lake City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+120.6%
McAllen
55.9
Salt Lake City
123.3
🛒 Groceries+2.8%
McAllen
93.8
Salt Lake City
96.4
🚗 Transportation+2.8%
McAllen
101.1
Salt Lake City
103.9
🏥 Healthcare+2.8%
McAllen
91.4
Salt Lake City
94
Utilities2.7%
McAllen
81.2
Salt Lake City
79

Salary Equivalency Calculator

Enter your current salary in McAllen 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
$94,000
$14,000 more needed in Salt Lake City

Formula: salary × (100.9 ÷ 85.9) = salary × 1.1746. Based on BEA Regional Price Parities.

Housing Market

McAllen, TX

Median Home Price
$188,000
Median Monthly Rent
$1,100
Housing Index
55.9
Price-to-Rent Ratio
14.2×

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 120.6% higher housing costs compared to McAllen.

Income & Job Market

McAllen, TX

Median Household Income
$53,700
Per Capita Income
$30,600
Unemployment Rate
5.6%
Population
142,212
Top Industries
International TradeHealthcareRetailGovernmentEducation

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).

McAllen, TX
4.1×income-to-rent ratio

75% 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.