Cost of Living in Summit, AZ

Get 300+ Local Insights for Any Address in Summit, AZ

Get Access to 300+ Local Data Points
A+
14%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
50%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Summit Arizona National
Cost of living86101100
Groceries102101100
Health care102101100
Housing5096100
Transportation98102100
Utilities109111100
Lifestyle & Entertainment99103100
Household Items99101100
Education & Childcare105103100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Summit, AZ

property for sale

10281 S Summit Peak Pl

Tucson, AZ
property for sale

2156 E Old Vail Connection Rd

Tucson, AZ
property for sale

10330 S Starlight Ave

Tucson, AZ
property for sale

10500 S Nogales Hwy

Tucson, AZ

Cost Of Living Quick Facts

  • The cost of living in Summit is 15% lower than the Arizona average
  • The cost of living in Summit is 14% lower than the national average
  • Summit housing is 50% lower than the national average
  • Arizona general sales tax is 10% higher than the national average
  • Arizona state income tax is 4% lower than the national average

Most Affordable Places to Live in and Around Summit

See all the best places to live around Summit

Compare Summit, AZ Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Summit?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Summit?
      Write a review to give others more information about this area.
      See all Summit poll results

      The best places in Arizona

      Here are the best places to live in ArizonaThese are the 10 cheapest cities in ArizonaThese are the largest cities in ArizonaCheck out the 10 safest cities in Arizona
      Best Places in Arizona

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$64,964$5,414$1,516$1,949
      Renters$38,402$3,200$896$1,152
      A good indicator of the general affordability of housing in Summit, AZ, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Summit, the median monthly income is $64,964 for those who own their own homes. Under the standard rule, that income level would allow for $1,516 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $38,402, per the median income in the area. That would allow for renters to spend up to $896 on monthly rental expenses.

      Arizona Sales Tax

      State General Sales Tax With Max Surtax
      Arizona 5.6% 10.725%

      Arizona Income Tax

      State Income Tax (Low) Income Tax (High)
      Arizona 2.5% 2.5%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Littletown, AZ659909.7%
      South Tucson, AZ5,857919.3%
      Tucson Estates, AZ12,524982.1%
      Tucson, AZ564,6321000.3%
      Drexel Heights, AZ31,405991.3%
      Summit, AZ5,2508613.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Oak Point, TX5,25012323.3%
      Collegeville, PA5,24912019.7%
      Kenneth City, FL5,2481054.9%
      Spirit Lake, IA5,248972.7%
      Grandwood Park, IL5,24711212.3%
      Summit, AZ5,2508613.8%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026