Byron, IL vs Summit, IL

Byron is moderately more affordable than Summit, with a 9.3% lower cost of living index. Byron scores 77 compared to 85 for Summit, where the US average is 100. This difference means residents of Summit can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Byron is $941/month compared to $1,012/month in Summit — a 7% difference. Home values follow the same pattern: Byron is more affordable at $182,600 median vs $224,800.

Median household income in Byron is $78,235 compared to $60,417 in Summit (+29.5%). Byron offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Byron spend roughly 14.4% of their income on rent, less than the 20.1% in Summit.