CostIndexUSA

Racine, WI vs Salt Lake City, UT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableWI
Racine
96
overall index
$1,325/mo rent
UT
Salt Lake City
100.9
overall index
$1,575/mo rent

Racine is moderately cheaper than Salt Lake City — 5.1% lower overall cost of living.

To match an $80,000 salary in Racine, you would need $84,100 in Salt Lake City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+34.0%
Racine
92
Salt Lake City
123.3
🛒 Groceries+2.8%
Racine
93.8
Salt Lake City
96.4
🚗 Transportation≈ Equal
Racine
104.4
Salt Lake City
103.9
🏥 Healthcare≈ Equal
Racine
94.4
Salt Lake City
94
Utilities12.2%
Racine
90
Salt Lake City
79

Salary Equivalency Calculator

Enter your current salary in Racine 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
$84,100
$4,100 more needed in Salt Lake City

Formula: salary × (100.9 ÷ 96) = salary × 1.0510. Based on BEA Regional Price Parities.

Housing Market

Racine, WI

Median Home Price
$293,000
Median Monthly Rent
$1,325
Housing Index
92
Price-to-Rent Ratio
18.4×

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 34.0% higher housing costs compared to Racine.

Income & Job Market

Racine, WI

Median Household Income
$74,000
Per Capita Income
$42,200
Unemployment Rate
3.6%
Population
78,900
Top Industries
ManufacturingHealthcareRetailTechnologyFinance

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).

Racine, WI
4.7×income-to-rent ratio

79% 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.