The Cost of Self-Storage in Salt Lake City, UT
Residents of Salt Lake City can typically expect to spend more on storage units than people living in other parts of Utah, although the costs are fairly close to U.S. averages. A typical 10×10 unit goes for about $80 a month in most of the state but typically costs around $106 in Salt Lake City. The national average is $95 per month.
This high cost may be due in part to Salt Lake’s generally high real estate costs, which are significantly higher than the rest of the state. The city is also home to numerous colleges, including the University of Utah, Westminster College and The Art Institute of Salt Lake City. The high number of students, as well as other seasonal or temporary residents who work as outdoor guides or at LDS-affiliated institutions, helps drive up the demand for storage units and increase the cost.
|The average cost of storage units in Salt Lake City compared to state and national averages|
|Size of Storage Unit
What to Consider When Looking for Storage in Salt Lake City, UT
Climate is an important consideration when selecting a storage unit in Salt Lake City. The area tends to be fairly dry, which makes mold and mildew less of a concern than in other regions. However, Salt Lake sees both very hot summers and cold winters. Average summer highs are in the 90s, and the average winter low is 23 degrees F. A climate-controlled unit is a good idea for any temperature-sensitive items.
Salt Lake City also has a very high crime rate, so a secure storage area is essential. Sperling’s Best Places gave the city a property crime score of 95.4, which is considerably worse than the U.S. average of 35.4. Renters should look for units with video surveillance, secure fencing and on-site managers. Added security, such as individual door alarms and regular property patrols by staff, also help keep valuable belongings safe.
Helpful Tips for Moving to Salt Lake City, UT
Although Salt Lake City is a typical western city with considerable urban sprawl issues, it’s still generally fairly easy to get around. Two major freeways run through it, and the city streets are on an easy-to-navigate grid pattern. It also has a commuter rail system and bus system, although most residents drive their own cars to work. The average commute time is only about 19 minutes, which is lower than the national average of about 26 minutes.
The cost of living in Salt Lake City is fairly high, but virtually all of that is housing costs. Residents can typically expect to find affordable groceries, utilities and transportation options. The economy is generally doing fairly well, with an unemployment rate of only 2.9%. That’s lower than the U.S. average of 3.9%. Job growth is also expected to increase at a faster rate than the national average.