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Bank Teller Salary in Salt Lake City, UT β€” 2026 Guide

Estimated salaries are adjusted for Salt Lake City's cost of living (index: 111). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Bank Teller Salary in Salt Lake City β€” Key Numbers

$42,224
Median Salary
$36,852
25th Percentile
$49,384
75th Percentile
$58,153
90th Percentile
National median (Bank Teller)$38,040
vs. National median+11.0%
Salt Lake City median household income$77,200
vs. City household income-45.3%

Cost of Living in Salt Lake City

Cost of Living Index
111(100 = avg)
Median Monthly Rent$1,149/mo
Rent-to-Income Ratio32.7%
Annual rent cost$13,788
Median Home Price$485,000
Home Price / Salary11.5Γ—
20% Down Payment$97,000
Years to save (20% rate)11.5 yrs

Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3Γ— is affordable; above 5Γ— is expensive by traditional guidelines.

Job Market in Salt Lake City

2.8%
Unemployment Rate
1,270,000
Metro Population
23 min
Avg Commute
32.2
Median Age

Salt Lake City has a metro population of 1,270,000, offering a sizeable job market with strong opportunities across key sectors. The 2.8% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Bank Teller Salary β€” Other Utah Cities

Frequently Asked Questions

How much does a Bank Teller make in Salt Lake City, UT?

The estimated median salary for a Bank Teller in Salt Lake City is $42,224 per year (2026). This is derived from the national BLS median of $38,040 adjusted by Salt Lake City's cost of living index (111). The typical salary range runs from $36,852 (25th percentile) to $49,384 (75th percentile), with top earners reaching $58,153.

Is Salt Lake City affordable for a Bank Teller?

On a $42,224 annual salary, a Bank Teller in Salt Lake City would spend approximately 32.7% of gross monthly income on median rent ($1,149/month). This is approaching the 30–35% cost-burden threshold; careful budgeting is recommended. The median home price of $485,000 is 11.5Γ— the annual salary.

How does a Bank Teller's salary compare to Salt Lake City's overall income?

Salt Lake City's median household income is $77,200. A Bank Teller earning the city-adjusted median of $42,224 earns 45.3% less than the typical Salt Lake City household income. This may reflect that the profession is entry-level or that Salt Lake City has a particularly high median household income due to high-earning industries.

Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.