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Real Estate Agent Salary in Utah: Cost of Living Adjusted (2024)

What does a Real Estate Agent 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
$55,380
Median annual (2024)
+5.8%
Real Purchasing Power
$58,603
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 Real Estate Agent earning $55,380 in Utah has the equivalent purchasing power of $58,603 in an average-cost US state.

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

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Utah's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $23,990 $25,386 +$1,396
25th Percentile (P25) $37,170 $39,333 +$2,163
Median (P50) $55,380 $58,603 +$3,223
75th Percentile (P75) $74,320 $78,645 +$4,325
90th Percentile (P90) $102,460 $108,423 +$5,963
Key Insight

A Real Estate Agent in Utah earns $55,380 on paper, but low living costs mean your money goes 6% further — like earning $58,603 in an average-cost state. This makes Utah one of the best value states for this occupation.

Best States for Real Estate Agent (After Cost of Living)

Where does Real Estate Agent salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$90,557
RPP 107.6
$87,681
RPP 91.0
3. Alaska
$84,117
RPP 102.0
4. Vermont
$81,730
RPP 101.1
$77,851
RPP 109.4
$70,109
RPP 109.8
$69,706
RPP 88.7
$64,517
RPP 89.2
9. Montana
$62,757
RPP 90.3
$61,829
RPP 88.0

Utah ranks #17 out of 48 states for Real Estate Agent after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Real Estate Agent in Utah after cost of living?

A Real Estate Agent in Utah earns a median salary of $55,380 per year. After adjusting for Utah's cost of living (RPP=94.5), the real purchasing power is $58,603 — 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 Real Estate Agent in Utah: $55,380 x (100 / 94.5) = $58,603. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Real Estate Agent in Utah financially?

From a purchasing power perspective, yes. A Real Estate Agent 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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