City Comparison

Ithaca vs Salt Lake City

Cost of Living Comparison · 2026

Ithaca

New York
94
Below Average
$324,000
Median Home
$1,475/mo
Median Rent
$48,600
Median Income

Salt Lake City

Utah
107
Above Average
$440,000
Median Home
$1,500/mo
Median Rent
$60,590
Median Income

The Verdict

12.1%

Ithaca is 12.1% less expensive than Salt Lake City overall. A household earning $75,000 in Ithaca would need approximately $85,372 in Salt Lake City to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
117
Ithaca
120
Salt Lake City
Groceries
103
Ithaca
99
Salt Lake City
Utilities
102
Ithaca
88
Salt Lake City
Transportation
96
Ithaca
102
Salt Lake City
Healthcare
99
Ithaca
97
Salt Lake City

Salary Equivalence

A $75,000 salary in Ithaca has the same purchasing power as $85,372 in Salt Lake City.

Conversely, $75,000 in Salt Lake City equals $65,888 in Ithaca.

Living in Ithaca vs Salt Lake City

Housing Costs

Ithaca's housing index of 117 is lower Salt Lake City's 120, translating to median home prices of $324,000 vs $440,000. The $116,000 difference in home prices means roughly $7,536 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,475/mo in Ithaca compared to $1,500/mo in Salt Lake City, a monthly difference of $25.

Grocery & Food Costs

Grocery expenses index at 103 in Ithaca and 99 in Salt Lake City. A household spending the national average of $475/month on groceries would pay approximately $489/month in Ithaca vs $470/month in Salt Lake City. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 102 in Ithaca and 88 in Salt Lake City. Monthly utility bills average approximately $408 in Ithaca vs $352 in Salt Lake City. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 99 in Ithaca and 97 in Salt Lake City. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $48,600 in Ithaca and $60,590 in Salt Lake City. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $51,702 and $56,626 respectively. Salt Lake City residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,134/month to housing in Ithaca vs $1,414/month in Salt Lake City. In Ithaca, median rent of $1,475/mo exceeds this threshold, suggesting renters may feel stretched. In Salt Lake City, median rent of $1,500/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Utilities, where the gap is 14 index points — focus your budget analysis there.

Frequently Asked Questions

Ithaca is 12.1% more affordable overall with an index of 94 vs 107.
A $75,000 salary in Ithaca has equivalent purchasing power to approximately $85,372 in Salt Lake City, based on the cost of living difference.
Ithaca's housing index is 117 with median homes at $324,000, while Salt Lake City's is 120 with median homes at $440,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases