With a 70k income, homeownership in Utah might be more challenging, especially in Salt Lake City. Financial advisors recommend spending about 3 to 4 times your annual income on a home, setting your budget between $210,000 and $280,000.

However, the median home price in Salt Lake City is approximately $550,000, which exceeds your maximum affordability range. This suggests that the major market may be less accessible at your current income level.

That said, more affordable options may be found in other areas such as Provo and Ogden, where prices average around $480,000. Utah has a property tax rate of 0.72%, or roughly $3,960 per year on an average home. Considering a cost of living near the national average, you might need to explore alternative locations or financing strategies to meet your homeownership goals.