Utah Yearly Expenses by Quarter

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Filing a Utah annual report is essential for maintaining your business's active status. Begin by gathering necessary information such as your entity details and any updates to your business structure. You can file the report online through the state’s official website, or you may utilize forms from uslegalforms to simplify the process. Keeping track of your Utah Yearly Expenses by Quarter ensures you have all financial data ready for this important filing.

In the Salt Lake City metro area, a single individual would need to earn $25,400 after taxes to live comfortably. In its analysis, SmartAsset found cities along both the East and West coasts require the greatest post-tax income to live comfortably.

According to Numbeo, the average Salt Lake City cost of electricity, heating water and garbage averages around $131 a month. This is a bit higher than nearby cities such as Denver, CO. Additional utilities such as internet are also in line with the national average, at about $60 a month.

Here's all that in context for those living in Utah. A family of four living in Salt Lake County would need more than $81,000 per year, which breaks down to nearly $6,800 per month. In Utah County, that number drops to $76,553 annually, or $6,379 per month.

The average salary needed to live comfortably across all of the major metro areas is $57,013, according to SmartAsset. To check out the MIT Living Wage calculator for all Utah counties and metro areas, click here.

Average Cost of Living in Utah: $37,369 per year.

The average utility bill in Salt Lake City is approximately $135 per month, which includes the following: Garbage. Water.

According to Numbeo, the average Salt Lake City cost of electricity, heating water and garbage averages around $131 a month. This is a bit higher than nearby cities such as Denver, CO. Additional utilities such as internet are also in line with the national average, at about $60 a month.

Rent is around $1,003 a month for a two-bedroom. On average, rent for a three-bedroom home in Utah is $1,332, while the average rent across the United States for a three-bedroom is $1,537. A four-bedroom home in the United States goes for just under $1,800 a month, and in Utah, a four-bedroom home rent is $1,563.

We define the middle class based on household income, com- pared to median income and federal poverty guidelines. In 2016, the regionally adjusted lower and upper income bounds for Utah's middle income households were $39,690 to $98,270 (Table 1).

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Utah Yearly Expenses by Quarter