Utah · Census, HUD and BEA figures · Updated

Cost of Living in Summit County, UT

Prices around Summit County, UT run 1.1% below the U.S. average (BEA, Utah). The typical household there earns $138,114 a year, and HUD puts a two-bedroom at $2,185 a month. Keeping that rent under 30% of income takes about $87,400 a year.

Summit County, UT at a glance

Median household income

$138,114$11,510 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$2,185HUD FY2026 Fair Market Rent
Price level (U.S. = 100)98.9-1.1% · BEA, Utah
Electricity13.4¢per kWh · EIA Residential UT
Population42,970Census ACS 5-year estimate

How much rent can you afford in Summit County, UT?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$2,185Monthly market rent
Share of gross income19%Recommended max: 30%
Annual income needed$87,400To meet the 30% standard
Max affordable rent$3,453At 30% of $138,114
0%30% (Affordability standard)100%
Compare against:

How much is rent in Summit County, UT? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Summit County, UT, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Summit County, UT, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,771$21,252$70,84015.4%
1-Bedroom Apartment$1,887$22,644$75,48016.4%
2-Bedroom ApartmentBenchmark$2,185$26,220$87,40019%
3-Bedroom Home$2,958$35,496$118,32025.7%
4-Bedroom Home$3,492$41,904$139,68030.3%

Rent in Summit County, UT, with the wage each unit needs →

What a typical income covers in Summit County, UT

The 50/30/20 rule applied to the local median of $138,114 a year ($11,510 a month before tax).

Needs (50%)$5,755/moRent ($2,185 2-BR), utilities (~$120/mo), groceries, transit
Wants (30%)$3,453/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$2,302/moEmergency fund, retirement, paying down loans

What $138,114 leaves after Utah taxes

Federal income tax, Social Security, Medicare and Utah tax on the local median income. Change the salary to see yours.

$138,114
$55,000$280,000
Filing status:
Gross salary breakdown$138,114
Net 72%
Fed 16%
UT 5%
FICA 8%
Annual take-home$99,452After all taxes
Monthly deposit$8,288Estimated per month
Biweekly paycheck$3,825Every 2 weeks (26/yr)
Effective tax rate28%Total tax burden
Federal income tax$21,881 / yr
Utah state income tax$6,215 / yr
FICA (Social Security & Medicare)$10,566 / yr

Living in Summit County, UT: common questions

What is the median household income in Summit County, UT?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Summit County, UT is $138,114 per year (approximately $11,510 per month).

What is the average rent in Summit County, UT?

The closest official figure is HUD's Fair Market Rent for 2026: $1,771 for a studio, $1,887 for one bedroom, $2,185 for two, $2,958 for three and $3,492 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Summit County, UT expensive to live in?

Prices there run 1.1% below the U.S. average. BEA's regional price parity for Utah is 98.9, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Summit County, UT?

To keep a $2,185 two-bedroom under 30% of gross income, a household needs about $87,400 a year, or $7,283 a month. That is 63% of what the typical household in Summit County, UT earns.

How much do you need to live comfortably in Summit County, UT?

On the local median income of $138,114 ($11,510 a month before tax), the 50/30/20 rule leaves $5,755 a month for needs like rent, utilities and groceries, $3,453 for everything else and $2,302 for savings or debt. A two-bedroom at $2,185 takes 38% of the needs share.

How much is the electric bill in Summit County, UT?

Homes in Utah paid 13.4¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $120. Your bill depends mostly on heating and cooling.