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Economy, PA vs Summit Hill, PA

81
Economy
Pennsylvania
VS
+3.1%
78
Summit Hill
Pennsylvania

Economy, PA and Summit Hill, PA have a very similar cost of living, with only a 3.1% difference in their overall index. Economy scores 81 while Summit Hill scores 78 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Economy is $907/month compared to $1,172/month in Summit Hill — a 23% difference. Interestingly, home values tell a different story: while Economy has cheaper rent, Summit Hill actually has lower median home values ($99,100 vs $244,700).

Median household income in Economy is $94,430 compared to $66,685 in Summit Hill (+41.6%). While Economy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Economy spend roughly 11.5% of their income on rent, less than the 21.1% in Summit Hill.

Climate-wise, both cities share similar average temperatures (51.8°F vs 53.1°F). Summit Hill receives more rainfall at 47.4" per year compared to 39.6" in Economy.

Income & Cost

Cost of Living Index
Economy
81
Summit Hill
78
3% cheaper
Median Household Income
Economy
$94,430
29% higher
Summit Hill
$66,685

Housing

Median Rent
Economy
$907
23% cheaper
Summit Hill
$1,172
Median Home Value
Economy
$244,700
Summit Hill
$99,100
60% cheaper
Population
Economy
9,042
Summit Hill
3,128

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Economy $3.01
Summit Hill $3.01
US $3.07
🥚
Eggs (grade A, large)
Economy $2.46
Summit Hill $2.46
US $2.50
🥛
Milk (whole)
Economy $3.96
Summit Hill $3.96
US $4.03
🍞
Bread (white)
Economy $1.82
Summit Hill $1.82
US $1.85
🍗
Chicken breast
Economy $4.07
Summit Hill $4.07
US $4.14
Electricity
Economy $0.22
Summit Hill $0.22
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Economy 51.8°F
Summit Hill 53.1°F
Summer High
Economy 83°F
Summit Hill 86°F
Winter Low
Economy 21°F
Summit Hill 22°F
Rainfall
Economy 39.6"
Summit Hill 47.4"
Rainy Days
Economy 154d
Summit Hill 129d