Chillicothe, IL vs Lake Summerset, IL

There is a significant gap in the cost of living between these two cities. Chillicothe is 24.1% cheaper than Lake Summerset. With a cost index of 66 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chillicothe to Lake Summerset should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chillicothe is $798/month compared to $1,206/month in Lake Summerset — a 34% difference. Home values follow the same pattern: Chillicothe is more affordable at $128,500 median vs $226,700.

Median household income in Chillicothe is $62,108 compared to $105,588 in Lake Summerset (-41.2%). While Lake Summerset is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chillicothe spend roughly 15.4% of their income on rent, more than the 13.7% in Lake Summerset.