Cost of Living in Silver Summit, UT

Get 300+ Local Insights for Any Address in Silver Summit, UT

Get Access to 300+ Local Data Points
F
126%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
417%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Silver Summit Utah National
Cost of living226105100
Groceries100101100
Health care101101100
Housing517113100
Transportation100101100
Utilities104101100
Lifestyle & Entertainment99102100
Household Items100102100
Education & Childcare108105100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Silver Summit, UT

property for sale

7595 N Promontory Ranch Rd

Park City, UT
property for sale

7005 N Greenfield Dr

Park City, UT
property for sale

2752 W High RD #1601

Snyderville, UT
property for sale

867 Silver Sage Dr

Park City, UT

Cost Of Living Quick Facts

  • The cost of living in Silver Summit is 116% higher than the Utah average
  • The cost of living in Silver Summit is 126% higher than the national average
  • Silver Summit housing is 417% higher than the national average
  • Utah general sales tax is 20% higher than the national average
  • Utah state income tax is 87% higher than the national average

Most Affordable Places to Live in and Around Silver Summit

See all the best places to live around Silver Summit

Compare Silver Summit, UT Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Silver Summit?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Silver Summit?
      Write a review to give others more information about this area.
      See all Silver Summit poll results

      The best places in Utah

      Here are the best places to live in UtahCheck out the 10 most dangerous cities in UtahThese are the 10 cheapest cities in UtahSee the best places to live in Silver Summit
      Best Places in Utah

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$258,542$21,545$6,032$7,757
      Renters$141,323$11,777$3,297$4,240

      Utah Sales Tax

      State General Sales Tax With Max Surtax
      Utah 6.1% 8.35%

      Utah Income Tax

      State Income Tax (Low) Income Tax (High)
      Utah 4.85% 4.85%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Samak, UT1021010.9%
      Coalville, UT2,13011312.8%
      Peoa, UT18912020.4%
      Kamas, UT2,68312120.7%
      Francis, UT1,41012625.9%
      Silver Summit, UT1,294226126.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Altoona, AL1,2948317.1%
      Upper Lake, CA1,29412121.2%
      Farmersburg, IN1,2948317.5%
      Friars Point, MS1,2947623.6%
      Monarch Mill, SC1,2948218.1%
      Silver Summit, UT1,294226126.2%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026