Housing costs in Summit Park?
A typical home costs
$966,300, which is 185.8% more expensive than the national average of
$338,100 and 89.2% more expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Summit Park costs
$3,020 per month, which is 111.2% more than the national average of
$1,430 and 57.6% more than the state average of
$1,280.
Can I afford Summit Park?
To live comfortably in Summit Park, Utah, a minimum annual income of
$185,040 for a family, and
$91,600 for a single person is recommended.
What does A.I. say about Summit Park?
Summit Park, UT offers a relatively affordable cost of living in comparison to other nearby towns. The median home price in Summit Park is $745,000, which is significantly lower than its neighboring towns of Park City and Heber City. Additionally, the cost of groceries in Summit Park is around 2% lower than the national average and utilities are about 1% lower than the national average as well. This makes Summit Park an attractive destination for those looking for a place to live that has a reasonable cost of living without sacrificing quality amenities.