Cove, UT vs Timber Lakes, UT

Cove, UT and Timber Lakes, UT have a very similar cost of living, with only a 2.3% difference in their overall index. Cove scores 118 while Timber Lakes scores 116 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Cove are $557,700 compared to $515,400 in Timber Lakes, a 8% gap.

Median household income in Cove is $130,469 compared to $49,435 in Timber Lakes (+163.9%). While Cove is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.