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Joseph, UT vs Silver Summit, UT

85
Joseph
Utah
VS
-69.6%
279
Silver Summit
Utah

The cost of living difference between Joseph, UT and Silver Summit, UT is dramatic. Joseph is 69.6% cheaper than Silver Summit, a gap that translates to thousands of dollars per year in household expenses. Joseph has a cost index of 85 while Silver Summit sits at 279, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Joseph is $1,036/month compared to $2,697/month in Silver Summit — a 62% difference. Home values follow the same pattern: Joseph is more affordable at $242,400 median vs $2,000,001.

Median household income in Joseph is $80,000 compared to $235,329 in Silver Summit (-66%). The higher salaries in Silver Summit partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Joseph spend roughly 15.5% of their income on rent, more than the 13.8% in Silver Summit.

Income & Cost

Cost of Living Index
Joseph
85
70% cheaper
Silver Summit
279
Median Household Income
Joseph
$80,000
Silver Summit
$235,329
66% higher

Housing

Median Rent
Joseph
$1,036
62% cheaper
Silver Summit
$2,697
Median Home Value
Joseph
$242,400
88% cheaper
Silver Summit
$2,000,001
Population
Joseph
546
Silver Summit
1,574

Salary Equivalency Calculator

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