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2021 Chevrolet Suburban vs. 2020 Chevrolet Suburban: Pricing Comparison

The 2021 Chevrolet Suburban officially debuted in Detroit back in December, entering an astonishing 12th generation. The all-new utility vehicle hits the ground running with new styling and new dimensions both inside and out, a new platform, fresh tech, and a revised trim level cadence as well. Now, we’re taking a look at the latest ‘Burban to see how it lines up with the previous 2020 model year in terms of pricing.

Naturally, the new trim level cadence means we don’t have a perfect one-to-one comparison between the 2021 Chevrolet Suburban and the 2020 Chevrolet Suburban. However, we can still plug in the numbers using the RST Edition Package and Z71 Off-Road Package, both of which are offered with the LT trim level for the 2020 model year, creating a relative equivalence for the new 2021 trims. That said, the range-topping High Country is a brand-new addition for the 2021 model year, expanding the lineup another rung higher than the previous generation.

Also note that adding 4WD pads the bottom line by $3,000 across the board, while the Z71 trim comes with 4WD as standard, both with regard to the new 2021 model year trim level, and with the 2020 model year package. What’s more, we used the 2020 model year pricing for the Premier trim based on the standard 5.3L L84 V8 engine, rather than the optional 6.2L L87 V8 engine. Finally, all prices listed include the destination fee.

With that covered, let’s check out the numbers:

2021 Chevrolet Suburban Pricing Comparison
Trim Level 2021 Chevrolet Suburban 2020 Chevrolet Suburban +/- 2021
2WD
LS $52,995 $52,995 $0
LT $57,795 $57,795 $0
Z71 Not available in 2WD Not available in 2WD N/A
RST $61,095 $60,790 +$305
Premier $66,595 $66,795 $-200
High Country $73,595 Not available for 2020 model year N/A
4WD
LS $55,995 $55,995 $0
LT $60,795 $60,795 $0
Z71 $63,195 $62,645 +$550
RST $64,095 $63,790 +$305
Premier $69,595 $69,795 $-200
High Country $76,595 Not available for 2020 model year N/A
  • All prices listed include destination fee
  • 2020 Suburban RST price is for Suburban LT with RST package
  • 2020 Suburban Z71 price is for Suburban LT with Z71 package

The most surprising thing here is just how closely the all-new 2021 Chevrolet Suburban matches the previous model year in terms of pricing, even with the new model’s vast array of upgrades and equipment. Pricing is within a few hundred dollars across the board, and in fact, the Premier trim is even down a few hundred bucks for 2021.

Of course, it should be said that the outgoing model is likely to offer serious discounts going forward, but nevertheless, the numbers here speak for themselves.

Which trim catches your eye, reader? Let us know in the comments, and make sure to subscribe to GM Authority for more Chevrolet Suburban news, Chevrolet news, and around-the-clock GM news coverage.

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Jonathan is an automotive journalist based out of Southern California. He loves anything and everything on four wheels.

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