Cost of Living in Summit, IL
Overall index: 80 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 65 | -35% | $708 |
| Transportation | 107 | +7% | $3.50 |
| Food | 81 | -19% | $332 |
| Utilities | 83 | -17% | $117 |
| Healthcare | 83 | -17% | $85 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Summit?
A single adult living comfortably in Summit, IL needs approximately $28,000 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Summit, IL?
The overall cost of living in Summit, IL is 20% lower than the US national average (index: 80 where 100 = national average).
How much is rent in Summit, IL?
Average rent for a 1-bedroom apartment in Summit, IL is about $708/month.
Is Summit, IL expensive to live in?
No, Summit, IL is affordable (below national average).
What salary do I need to live in Summit, IL?
A single adult needs roughly $28,000/year to cover basic living costs in Summit, IL.