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Salt Lake City, UT vs Ogden, UT
A 2-bedroom in Ogden costs $133 less per month than Salt Lake City ($1,614 vs $1,747). Median income is $95,045 in Salt Lake City and $98,361 in Ogden. That's a difference of $1,596 per year in housing costs.
Side-by-Side Comparison
| Metric | Salt Lake City | Ogden |
|---|---|---|
| Studio FMR | $1,259 | $1,208 |
| 1BR FMR | $1,456 | $1,281 |
| 2BR FMR | $1,747 | $1,614 |
| 3BR FMR | $2,333 | $2,163 |
| 4BR FMR | $2,666 | $2,612 |
| Median Income | $95,045 | $98,361 |
| Rent Burden | 22.1% | 19.7% |
| Actual Median Rent | $1,486 | $1,393 |
| Median Home Value | $478,200 | $437,700 |
| Population | 1.3M | 646K |
| Renter % | 32.2% | 23.6% |
| Vacancy Rate | 5.3% | 4.7% |
| Poverty Rate | 8.1% | 6.5% |
| YoY Change | +8.8% | - |
| Min Wage | $7.25/hr | $7.25/hr |
Income Required to Afford a 2-Bedroom
Salt Lake City, UT
Annual Income Needed
$69,880
Hourly Wage Needed
$34/hr
Min Wage Work Hours/Week
185.4 hrs
at $7.25/hr (UT min wage)
Ogden, UT
Annual Income Needed
$64,560
Hourly Wage Needed
$31/hr
Min Wage Work Hours/Week
171.2 hrs
at $7.25/hr (UT min wage)
Frequently Asked Questions
Ogden, UT is more affordable with a 2BR FMR of $1,614/mo, which is $133 less than Salt Lake City at $1,747/mo. However, when considering local incomes, Salt Lake City has a rent burden of 22.1% vs 19.7% in Ogden.
A 2-bedroom in Salt Lake City, UT costs $1,747/mo at Fair Market Rent, while in Ogden, UT it's $1,614/mo, a difference of $133/mo or $1,596/year.
To afford a 2BR without spending more than 30% of income on rent: Salt Lake City requires $69,880/year ($34/hr). Ogden requires $64,560/year ($31/hr).
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