Cost of Living in Summit, WI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
186.2
100 = national avg
+86.2 vs national average
Living Wage (1 Adult)
$81,927
per year
Living Wage (Family of 4)
$193,646
per year
Cost Index by Category
Housing223.9
Food145.3
Transportation190.7
Healthcare136.3
Utilities152.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,119
per month
2 Bedroom
$1,338
per month
The overall cost of living index in Summit is 186.2, which is 86.2% above the national average. Housing costs are above the national average at an index of 223.9. A single adult needs to earn approximately $81,927 per year to cover basic expenses.