Cost of Living in Silver Summit, UT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
317.9
100 = national avg
+217.9 vs national average
Living Wage (1 Adult)
$139,885
per year
Living Wage (Family of 4)
$330,638
per year
Cost Index by Category
Housing400.0
Food200.0
Transportation359.7
Healthcare200.0
Utilities200.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,887
per month
2 Bedroom
$2,185
per month
The overall cost of living index in Silver Summit is 317.9, which is 217.9% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $139,885 per year to cover basic expenses.