Cost of Living in Summit Park, UT

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

268.1

100 = national avg

+168.1 vs national average

Living Wage (1 Adult)

$117,968

per year

Living Wage (Family of 4)

$278,834

per year

Cost Index by Category

Housing
344.9
Food
187.2
Transportation
274.4
Healthcare
169.8
Utilities
200.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,887

per month

2 Bedroom

$2,185

per month

The overall cost of living index in Summit Park is 268.1, which is 168.1% above the national average. Housing costs are above the national average at an index of 344.9. A single adult needs to earn approximately $117,968 per year to cover basic expenses.