What is the cost of living in Summit, IL?
According to the most recent data on the cost of living, Summit has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Illinois, Summit has a cost of living index that's 1.0x higher than Illinois's index of 98.
The standard of living in Summit ranks as #144 most affordable out of the 336 places we measured in Illinois. By definition, that implies Summit ranks as the #192 most expensive place in the Prairie State.
For more reading on life in Summit, check out:
Summit Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Summit. Here is how it fares on each of the criteria:
The Services index in Summit is 100.
The Groceries index in Summit is 100.
The Health index in Summit is 98.
The Housing index in Summit is 102.
The Transportation index in Summit is 99.
The Utilities index in Summit is 102.
| Living Expense | Summit | Illinois | National Average |
|---|---|---|---|
| Overall | 100 | 98 | 100 |
| Services | 100 | 99 | 100 |
| Groceries | 100 | 99 | 100 |
| Health | 98 | 96 | 100 |
| Housing | 102 | 101 | 100 |
| Transportation | 99 | 99 | 100 |
| Utilities | 102 | 101 | 100 |
Summit Cost Of Living Compared To Illinois Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Illinois, check out:
Protect your home budget Compare home warranties in Summit Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Summit, IL Housing Cost Breakdown
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Summit is $266,477.
The Median Rent in Summit is $1,137.
The Median Income in Summit is $61,863.
The Home Value To Income in Summit is 4.3x.
The Rent To Monthly Income in Summit is 0.22x.
Summit, IL Costs By Category
Detailed Summit Services costs vs. Illinois
Detailed Summit Groceries costs vs. Illinois
Detailed Summit Health costs vs. Illinois
Detailed Summit Transportation costs vs. Illinois
Summit SnackAbility
Cost Of Living In Cities Around Summit
The cost of living varies in the cities and towns around Summit. Here's a quick look at the cost of living in the most populous nearby places:
Naperville, IL has a cost of living index of 133, 1.3x Summit.
Wheaton, IL has a cost of living index of 127, 1.3x Summit.
Elmhurst, IL has a cost of living index of 134, 1.3x Summit.
| City | Population | Cost Of Living | Vs. Summit |
|---|---|---|---|
| Naperville, IL | 150,692 | 133 | 1.3x |
| Wheaton, IL | 53,557 | 127 | 1.3x |
| Elmhurst, IL | 45,671 | 134 | 1.3x |
| Park Ridge, IL | 38,667 | 135 | 1.4x |
| Glen Ellyn, IL | 28,390 | 137 | 1.4x |
| Darien, IL | 21,879 | 120 | 1.2x |
| Brookfield, IL | 19,331 | 111 | 1.1x |
| Hinsdale, IL | 17,175 | 191 | 1.9x |
| Justice, IL | 12,324 | 103 | 1.0x |
| Burr Ridge, IL | 11,141 | 168 | 1.7x |
