Cost Of Living in Summit, OK

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32%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

95%

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	Oklahoma	National
Cost of living	68	88	100
Groceries	96	96	100
Health care	96	95	100
Housing	5	70	100
Transportation	94	96	100
Utilities	97	96	100
Lifestyle & Entertainment	91	94	100
Household Items	98	97	100
Education & Childcare	92	93	100

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Homes For Sale In Summit, OK

6210 S 50th St W

Summit, OK

26 S 48th St W

Summit, OK

Cost Of Living Quick Facts

The cost of living in Summit is 22% lower than the Oklahoma average
The cost of living in Summit is 32% lower than the national average
Summit housing is 95% lower than the national average
Oklahoma general sales tax is 12% lower than the national average
Oklahoma state income tax is 90% lower than the national average

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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	$0	$0	$0	$0
Renters	$0	$0	$0	$0

Oklahoma Sales Tax

State	General Sales Tax	With Max Surtax
Oklahoma	4.5%	11%

Oklahoma Income Tax

State	Income Tax (Low)	Income Tax (High)
Oklahoma	0.25%	4.75%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Boynton, OK	156	79	21.2%
Mulberry, OK	102	79	20.8%
Wainwright, OK	139	80	20.2%
Council Hill, OK	97	80	20.0%
Webbers Falls, OK	536	80	19.6%
Summit, OK	127	68	31.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Blue Mountain, AR	127	87	13.1%
Whispering Pines, AZ	127	125	25.2%
Nicasio, CA	127	413	313.1%
Princeton, ID	127	109	9.5%
Raritan, IL	127	78	22.5%
Summit, OK	127	68	31.9%