City Comparison

Orem vs Salt Lake City

Cost of Living Comparison · 2026

Orem

Utah
117
Above Average
$528,000
Median Home
$1,400/mo
Median Rent
$86,000
Median Income

Salt Lake City

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

The Verdict

9.3%

Salt Lake City is 9.3% less expensive than Orem overall. A household earning $75,000 in Orem would need approximately $68,590 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
147
Orem
120
Salt Lake City
Groceries
98
Orem
99
Salt Lake City
Utilities
92
Orem
88
Salt Lake City
Transportation
108
Orem
102
Salt Lake City
Healthcare
95
Orem
97
Salt Lake City

Salary Equivalence

A $75,000 salary in Orem has the same purchasing power as $68,590 in Salt Lake City.

Conversely, $75,000 in Salt Lake City equals $82,009 in Orem.

Living in Orem vs Salt Lake City

Housing Costs

Orem's housing index of 147 is higher Salt Lake City's 120, translating to median home prices of $528,000 vs $440,000. The $88,000 difference in home prices means roughly $5,724 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in Orem compared to $1,500/mo in Salt Lake City, a monthly difference of $100.

Grocery & Food Costs

Grocery expenses index at 98 in Orem and 99 in Salt Lake City. A household spending the national average of $475/month on groceries would pay approximately $466/month in Orem 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 92 in Orem and 88 in Salt Lake City. Monthly utility bills average approximately $368 in Orem vs $352 in Salt Lake City. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 95 in Orem 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 $86,000 in Orem and $60,590 in Salt Lake City. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $73,504 and $56,626 respectively. Orem residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,007/month to housing in Orem vs $1,414/month in Salt Lake City. In Orem, median rent of $1,400/mo fits within this budget. 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 Housing, where the gap is 27 index points — focus your budget analysis there.

Frequently Asked Questions

Salt Lake City is 9.3% more affordable overall with an index of 107 vs 117.
A $75,000 salary in Orem has equivalent purchasing power to approximately $68,590 in Salt Lake City, based on the cost of living difference.
Orem's housing index is 147 with median homes at $528,000, while Salt Lake City's is 120 with median homes at $440,000.

Moving & Relocation Resources

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