Summerfield, NC Cost Of Living

The latest cost of living statistics for Summerfield. Includes statistics on rent, mortgages, healthcare, and other costs for Summerfield compared to the state and national averages.

Cost of living in Summerfield, North Carolina

Cost of living in Summerfield research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Summerfield is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in North Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

121 Cost of living index 1.2x higher vs US
#139 Cheapest in North Carolina (of 159)
#4,405 Cheapest in the U.S. (of 6,489)
$519,609 Median home value
$1,521 Median rent
$160,275 Median income
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What is the cost of living in Summerfield, NC?

According to the most recent data on the cost of living, Summerfield has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.

Compared to North Carolina, Summerfield has a cost of living index that's 1.3x higher than North Carolina's index of 95.

The standard of living in Summerfield ranks as #139 most affordable out of the 159 places we measured in North Carolina. By definition, that implies Summerfield ranks as the #20 most expensive place in the Tar Heel State.

For more reading on life in Summerfield, check out:

Summerfield Cost Of Living Vs. North Carolina

Six factors go into calculating the cost of living index in Summerfield. Here is how it fares on each of the criteria:

  • The Services index in Summerfield is 104.

  • The Groceries index in Summerfield is 104.

  • The Health index in Summerfield is 175.

  • The Housing index in Summerfield is 101.

  • The Transportation index in Summerfield is 101.

  • The Utilities index in Summerfield is 98.

Living Expense Summerfield North Carolina National Average
Overall 121 95 100
Services 104 98 100
Groceries 104 98 100
Health 175 89 100
Housing 101 100 100
Transportation 101 97 100
Utilities 98 101 100

Summerfield Cost Of Living Compared To North Carolina Averages

Services
Summerfield 104
North Carolina avg 98
Groceries
Summerfield 104
North Carolina avg 98
Health
Summerfield 175
North Carolina avg 89
Housing
Summerfield 101
North Carolina avg 100
Transportation
Summerfield 101
North Carolina avg 97
Utilities
Summerfield 98
North Carolina avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around North Carolina, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Summerfield, NC Housing Cost Breakdown

$519,609Median Home Value
$1,521Median Rent
$160,275Median Income

Housing swings affordability the most between places in North Carolina, 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 Summerfield is $519,609.

  • The Median Rent in Summerfield is $1,521.

  • The Median Income in Summerfield is $160,275.

  • The Home Value To Income in Summerfield is 3.2x.

  • The Rent To Monthly Income in Summerfield is 0.11x.

Statistic Summerfield North Carolina United States
Median Home Value $519,609 $336,407 $332,700
Median Rent $1,521 $1,228 $1,413
Median Income $160,275 $72,388 $80,734
Home Value To Income 3.2x 4.6x 4.1x
Rent To Monthly Income 0.11x 0.2x 0.21x

Summerfield, NC Costs By Category

Detailed Summerfield Services costs vs. North Carolina
Item Summerfield North Carolina
Shampoo $1.25 $1.28
Movie $11.58 $12.13
Bowling $20.0 $18
Haircut $22.17 $24.26
Beauty Salon $52.72 $45.56
Detailed Summerfield Groceries costs vs. North Carolina
Item Summerfield North Carolina
Ground Beef $5.81 $5.84
Fried Chicken $1.41 $1.57
Milk $4.58 $4.67
Potatoes $5.01 $4.93
Pizza $11.34 $12.09
Beer $10.17 $10.41
Toothpaste $3.64 $3.7
Detailed Summerfield Health costs vs. North Carolina
Item Summerfield North Carolina
Optometrist $147.25 $125.68
Doctor $157.28 $135.78
Dentist $126.56 $113.29
Detailed Summerfield Transportation costs vs. North Carolina
Item Summerfield North Carolina
Gasoline $3.31 $3.46
Tire Balancing $48.78 $59.92
Detailed Summerfield Utilities costs vs. North Carolina
Item Summerfield North Carolina
All Electricity $163.41 $193.99
Phone $186.82 $192.25

Summerfield SnackAbility

7Overall SnackAbility
Jobs 9/10
Housing 8.5/10
Affordability 8/10
Diversity 6/10
SafetyN/A
Amenities 7/10
Education 9/10
Commute 8/10

Cost Of Living In Cities Around Summerfield

The cost of living varies in the cities and towns around Summerfield. Here's a quick look at the cost of living in the most populous nearby places:

  • Greensboro, NC has a cost of living index of 99, 0.8x Summerfield.

  • High Point, NC has a cost of living index of 96, 0.8x Summerfield.

  • Kernersville, NC has a cost of living index of 102, 0.8x Summerfield.

City Population Cost Of Living Vs. Summerfield
Greensboro, NC 301,198 99 0.8x
High Point, NC 116,245 96 0.8x
Kernersville, NC 27,830 102 0.8x
Jamestown, ND 15,787 94 0.8x
Reidsville, NC 14,585 88 0.7x
Oak Ridge, NC 7,744 136 1.1x
Stokesdale, NC 6,004 108 0.9x