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Chief Executives Salary in Utah: Cost of Living Adjusted (2024)

What does a Chief Executives salary really buy you in Utah?

Utah is 5.5% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$163,980
Median annual (2024)
+5.8%
Real Purchasing Power
$173,523
COL-adjusted (RPP=94.5)

Utah Cost of Living Index

Utah's Regional Price Parity (RPP) is 94.5, meaning prices are 5.5% lower the national average. A Chief Executives earning $163,980 in Utah has the equivalent purchasing power of $173,523 in an average-cost US state.

UT: 94.5
Cheapest (~85) US Avg (100) Priciest (~115)
Key Insight

A Chief Executives in Utah earns $163,980 on paper, but low living costs mean your money goes 6% further — like earning $173,523 in an average-cost state. This makes Utah one of the best value states for this occupation.

Best States for Chief Executives (After Cost of Living)

Where does Chief Executives salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$234,721
RPP 93.4
$229,487
RPP 89.8
$229,220
RPP 96.2
4. Ohio
$227,967
RPP 91.5
$226,533
RPP 92.3
6. Indiana
$224,161
RPP 91.8
7. Montana
$215,348
RPP 90.3
8. Georgia
$210,594
RPP 95.8
9. Hawaii
$208,935
RPP 110.8
$203,957
RPP 89.2

Utah ranks #24 out of 37 states for Chief Executives after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Chief Executives in Utah after cost of living?

A Chief Executives in Utah earns a median salary of $163,980 per year. After adjusting for Utah's cost of living (RPP=94.5), the real purchasing power is $173,523 — a +5.8% difference.

Is Utah expensive to live in?

Utah's cost of living is 5.5% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Utah is 94.5 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Chief Executives in Utah: $163,980 x (100 / 94.5) = $173,523. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Chief Executives in Utah financially?

From a purchasing power perspective, yes. A Chief Executives in Utah enjoys 5.8% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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