Silver Summit cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexSilver SummitUtahNational
Cost of living index166101100
IndexSilver SummitUtahNational
Goods & Services index10196100
Groceries index9596100
Health care index9189100
Housing index321113100
Transportation index106102100
Utilities index9490100

Did you know?

  • The cost of living in Silver Summit is 64% higher than the Utah average.
  • The cost of living in Silver Summit is 66% higher than the national average.
  • The cost of housing in Silver Summit is 221% higher than the national average.
  • Utah general sales tax is 17% higher than the national average.
  • Utah state income tax is 125% higher than the national average.

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Compare Silver Summit, UT Cost of living To Other Cities

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Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$143,990$11,999$3,360$4,320
Renters$95,000$7,917$2,217$2,850

Utah Sales Tax

StateGeneral Sales TaxWith Max Surtax
Utah5.95%8.35%

Utah Income Tax

StateIncome Tax (Low)Income Tax (High)
Utah5%5%

Goods & Services

ItemSilver SummitNational avg.Difference
Haircut $15.25$14.594.5%
Beauty Salon $38.75$34.6811.7%
Toothpaste $2.32$2.476.2%
Shampoo $0.94$1.028.0%
Movie $7.44$9.8724.6%
Bowling $3.99$4.399.1%

Groceries

ItemSilver SummitNational avg.Difference
Ground Beef $3.77$4.4815.8%
Fried Chicken $1.05$1.4628.3%
Milk $2.09$2.3611.3%
Potatoes $1.75$3.0642.8%
Pizza $8.99$9.242.7%
Beer $7.99$8.637.4%

Health Care

ItemSilver SummitNational avg.Difference
Optometrist $87.75$99.7812.1%
Doctor $94.00$105.0310.5%
Dentist $82.00$88.707.6%
Ibuprofen $8.24$9.4112.5%
Lipitor $279.10$298.506.5%

Housing

ItemSilver SummitNational avg.Difference
Home Price $652,200.00$175,700.00271.2%
Avg. Mortgage Payment $1,027.66$1,081.034.9%
Apartment Rent $1,884.00$920.00104.8%

Transportation

ItemSilver SummitNational avg.Difference
Gasoline $2.13$2.091.9%
Tire Balancing $53.81$45.2918.8%

Utilities

ItemSilver SummitNational avg.Difference
All Electricity$145.09$170.8015.1%
Phone $29.99$28.266.1%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Hideout, UT5361011%
Kamas, UT2,0191011%
Coalville, UT1,6781011%
Francis, UT1,2121088%
Oakley, UT1,49511111%
Silver Summit, UT3,59116666%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Black River Falls, WI3,59186-14%
Stanley, NC3,59191-9%
Warsaw, NY3,59194-6%
Saluda, SC3,59080-20%
Oregon, IL3,59286-14%
Silver Summit, UT3,59116666%
Source: The Silver Summit, UT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.