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Utah housing prices increased 200% in the past 20 years



Salt Lake City, Utah — Between 2000 and 2022, Utah’s housing costs jumped by 200%.

The typical home value in Salt Lake City in 2000 was $187,200.

The typical home value two decades later in Salt Lake City in 2022 was $560,944.

Only 13 other metro areas saw a bigger increase in home prices over 20 years, according to the study by MoneyGeek.

According to the study, Boise, Idaho, and Naples, Florida were the most unaffordable places in the United States.

Davis County and Salt Lake County were also listed in the report as two of the most unaffordable counties for housing in the entire country. Davis County came in at a seventh place and Salt Lake County came in ninth place.

The study by MoneyGeek, compared housing prices and median income increases since 2019 and ranked the 26 counties in the U.S. that saw the largest growth in that gap.

Since they were already deemed unaffordable long before now, larger counties in markets such as NYC or San Francisco were left out of the study.



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