Summit, WA Cost Of Living

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

Cost of living in Summit, Washington

Cost of living in Summit 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 Summit is expensive. An index value below 100 means the city is a relatively cheap place to live.

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

127 Cost of living index 1.3x higher vs US
#82 Cheapest in Washington (of 191)
#4,780 Cheapest in the U.S. (of 6,489)
$587,914 Median home value
$1,519 Median rent
$106,736 Median income
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What is the cost of living in Summit, WA?

According to the most recent data on the cost of living, Summit has an overall cost of living index of 127, which is 1.3x higher than the national index of 100.

Compared to Washington, Summit has a cost of living index that's 1.1x higher than Washington's index of 120.

The standard of living in Summit ranks as #82 most affordable out of the 191 places we measured in Washington. By definition, that implies Summit ranks as the #109 most expensive place in the Evergreen State.

For more reading on life in Summit, check out:

Summit Cost Of Living Vs. Washington

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 106.

  • The Groceries index in Summit is 111.

  • The Health index in Summit is 169.

  • The Housing index in Summit is 110.

  • The Transportation index in Summit is 108.

  • The Utilities index in Summit is 110.

Living Expense Summit Washington National Average
Overall 127 120 100
Services 106 108 100
Groceries 111 108 100
Health 169 137 100
Housing 110 111 100
Transportation 108 111 100
Utilities 110 110 100

Summit Cost Of Living Compared To Washington Averages

Services
Summit 106
Washington avg 108
Groceries
Summit 111
Washington avg 108
Health
Summit 169
Washington avg 137
Housing
Summit 110
Washington avg 111
Transportation
Summit 108
Washington avg 111
Utilities
Summit 110
Washington avg 110

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

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

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

Summit, WA Housing Cost Breakdown

$587,914Median Home Value
$1,519Median Rent
$106,736Median Income

Housing swings affordability the most between places in Washington, 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 $587,914.

  • The Median Rent in Summit is $1,519.

  • The Median Income in Summit is $106,736.

  • The Home Value To Income in Summit is 5.5x.

  • The Rent To Monthly Income in Summit is 0.17x.

Statistic Summit Washington United States
Median Home Value $587,914 $601,016 $332,700
Median Rent $1,519 $1,760 $1,413
Median Income $106,736 $98,141 $80,734
Home Value To Income 5.5x 6.1x 4.1x
Rent To Monthly Income 0.17x 0.22x 0.21x

Summit, WA Costs By Category

Detailed Summit Services costs vs. Washington
Item Summit Washington
Shampoo $1.38 $1.28
Movie $11.92 $12.13
Bowling $21.09 $18
Haircut $23.76 $24.26
Beauty Salon $54.27 $45.56
Detailed Summit Groceries costs vs. Washington
Item Summit Washington
Ground Beef $5.71 $5.84
Fried Chicken $2.55 $1.57
Milk $5.14 $4.67
Potatoes $3.87 $4.93
Pizza $15.13 $12.09
Beer $11.74 $10.41
Toothpaste $4.15 $3.7
Detailed Summit Health costs vs. Washington
Item Summit Washington
Optometrist $191.81 $125.68
Doctor $192.99 $135.78
Dentist $127.12 $113.29
Detailed Summit Transportation costs vs. Washington
Item Summit Washington
Gasoline $4.2 $3.46
Tire Balancing $78.74 $59.92
Detailed Summit Utilities costs vs. Washington
Item Summit Washington
All Electricity $169.3 $193.99
Phone $204.78 $192.25

Summit SnackAbility

6Overall SnackAbility
Jobs 8/10
Housing 8.5/10
Affordability 6/10
Diversity 8/10
SafetyN/A
Amenities 8/10
Education 8/10
Commute 5/10

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:

  • Tacoma, WA has a cost of living index of 126, 1.0x Summit.

  • South Hill, WA has a cost of living index of 133, 1.0x Summit.

  • Lakewood, WA has a cost of living index of 124, 1.0x Summit.

City Population Cost Of Living Vs. Summit
Tacoma, WA 222,758 126 1.0x
South Hill, WA 68,025 133 1.0x
Lakewood, WA 62,937 124 1.0x
Puyallup, WA 42,746 128 1.0x
Parkland, WA 38,742 118 0.9x
Frederickson, WA 25,383 125 1.0x
Gig Harbor, WA 12,424 151 1.2x
Fife, WA 10,949 127 1.0x
Sumner, WA 10,733 129 1.0x
Midland, WA 9,050 118 0.9x