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Chain-O-Lakes, IN vs Summitville, IN

94
Chain-O-Lakes
Indiana
VS
+45.3%
64
Summitville
Indiana

The cost of living difference between Chain-O-Lakes, IN and Summitville, IN is dramatic. Summitville is 45.3% cheaper than Chain-O-Lakes, a gap that translates to thousands of dollars per year in household expenses. Chain-O-Lakes has a cost index of 94 while Summitville sits at 64, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Chain-O-Lakes are $255,300 compared to $89,000 in Summitville, a 187% gap.

Median household income in Chain-O-Lakes is $71,010 compared to $57,000 in Summitville (+24.6%). The higher salaries in Chain-O-Lakes partially offset the cost difference, but don't fully close the gap.

Income & Cost

Cost of Living Index
Chain-O-Lakes
94
Summitville
64
31% cheaper
Median Household Income
Chain-O-Lakes
$71,010
20% higher
Summitville
$57,000

Housing

Median Rent
Chain-O-Lakes
Summitville
$790
Median Home Value
Chain-O-Lakes
$255,300
Summitville
$89,000
65% cheaper
Population
Chain-O-Lakes
427
Summitville
1,233

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Chain-O-Lakes
Summitville $2.91
US $3.07
🥚
Eggs (grade A, large)
Chain-O-Lakes
Summitville $2.37
US $2.50
🥛
Milk (whole)
Chain-O-Lakes
Summitville $3.82
US $4.03
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Bread (white)
Chain-O-Lakes
Summitville $1.75
US $1.85
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Chicken breast
Chain-O-Lakes
Summitville $3.93
US $4.14
Electricity
Chain-O-Lakes
Summitville $0.16
US $0.19