Relocation Guide: Moving to Utah

March 3, 2023

Relocation Guide: Moving to Utah

Moving to Utah: Utah is unique in that it has beautiful scenery, wide-open spaces, a vibrant economy, and high quality of life. The Beehive State – whose nickname honors the region’s founding fathers’ values of industry, perseverance, thrift, prosperity, and self-reliance – is a place of a strong culture, work ethic, and independence.

While having the highest LDS population, Utah is a friendly state for everyone, with Salt Lake City being one of the friendliest cities for the LBGTQIA+ group. It’s easy to see why so many people (including Californians and non-Mormons) are flocking to this magnificent western state, given its abundance of opportunities and outdoor activities.

Why We Love moving to Utah

Utah has the second-best economy in the country, according to WalletHub, and it ranks first in categories like economic health and jobs.

Watersports, climbing, hiking, skiing, and all in between are all available in this outdoor paradise. There’s a reason Utah is known as the “adventure sports capital of the United States.”

Low crime Rate, The Land of the Saints is currently ranked #4 safest state in America, and it regularly ranks in the Top 10. It also comes in second place for occupational safety and seventh place for emergency preparedness.

There are excellent educational opportunities in this city, which is home to Brigham Young University and the University of Utah (as well as one of the best community colleges in the state, Salt Lake Community College).
The people here are very nice. For example, Salt Lake City is regarded as one of the most welcoming cities for the LGBTQIA+ community.

The Gem State is the youngest state in the union, with a median age of just over 31 years. Utahns are also highly educated, with a high school graduation rate of 90%.

Do you enjoy stargazing? Utah’s night skies are clear and sparkling due to the lack of light pollution. Bryce Canyon National Park is a popular spot for stargazing.

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House Market

The cost of housing in Utah rises in parallel with the state’s population. The average home price is $227,700, which is higher than the national average. Buying a home in California or New York City, on the other hand, is much less expensive than in other parts of the world.

$341,800 is the median home value.
The average rental cost is $797 for a one-bedroom apartment and $986 for a two-bedroom apartment (2BR)

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Cost of Living when moving to Utah

Utah ranks #26 in the United States for the cost of living, according to the Missouri Economic Research and Information Center (MERIC). It has a cost of living index of 97.9 percent. This index is lower than the national average of 100.

Let’s compare the average monthly expenses for a family of four (2 adults + 2 children) in two Utah metro areas using the Family Budget Calculator.

We’ll start by looking at Salt Lake City. The following is a rundown of the costs: Housing costs $1,035 per month, food $726 per month, childcare $1,321 per month, transportation $1,148 per month, healthcare $906 per month, other necessities $710 per month, and taxes $952 per year, for a total of $6,798 per month or $81,578 per year.

Then there’s Cedar City. $697 for rent, $754 for food, $1,219 for childcare, $1,218 for transportation, $1,126 for healthcare, $585 for other needs, and $874 for taxes, for a total of $6,473 per month or $77,675 annually.

Job Market and Economy

According to US News & World Report’s Economy Rankings, Utah has the best economy in the nation. The median household income is $31,958, and the GDP is $193 Billion. This ranking is based on a number of factors, including the market climate (number 5), jobs (number 1), and development (number 6).

Major Industries

Information Technology
Sporting Goods
Natural Products
Aerospace and Defense
Health Technology
Renewable Resources
Travel and Tourism

Major Employers

Zions Bank
Management & Training Corp.
C.R. England
Intermountain Healthcare
Nu Skin Enterprises
SkyWest Airlines
Smith’s Food & Drug Stores

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