Aledo, IL vs Summit, IL

There is a significant gap in the cost of living between these two cities. Aledo is 22.3% cheaper than Summit. With a cost index of 66 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Aledo to Summit should plan for substantially higher expenses across most categories.

On the housing front, median rent in Aledo is $770/month compared to $1,012/month in Summit — a 24% difference. Home values follow the same pattern: Aledo is more affordable at $140,000 median vs $224,800.

Median household income in Aledo is $62,829 compared to $60,417 in Summit (+4%). Aledo offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Aledo spend roughly 14.7% of their income on rent, less than the 20.1% in Summit.