The 2023 Chevy Suburban arrives as the third model year of the latest twelfth-generation full-size SUV, introducing only a handful of updates and changes compared to the preceding 2022 model year. The twelfth-generation Chevy Suburban was introduced for the 2021 model year. Notably, the 2023 Chevy Suburban just got a pricing update for the month of May, with all trim levels and configurations now more expensive than before.
All 2023 Chevy Suburban models and configurations are now $300 more expensive following the latest price increase. With this latest price increase applied, the least-expensive 2023 Chevy Suburban offered, specifically the LS trim level with rear-wheel drive and the naturally aspirated 5.3L V8 L84 gasoline engine under the hood, is now $59,095. Meanwhile the most-expensive 2023 Chevy Suburban offered, specifically the High Country trim level with four-wheel drive and naturally aspirated 6.2L V8 L87 gasoline engine under the hood, is now $82,295.
Check out the table below for a more thorough breakdown of pricing for the 2023 Chevy Suburban. Note that all prices listed include a destination freight charge (DFC) of $1,895:
|Trim Level||Drivetrain||Powertrain||2023 MSRP + DFC|
|LS||2WD||5.3L V8 L84||$59,095|
|LS||2WD||Turbo-diesel 3.0L I6 LM2||$60,090|
|LS||4WD||5.3L V8 L84||$62,095|
|LS||4WD||Turbo-diesel 3.0L I6 LM2||$63,090|
|LT||2WD||5.3L V8 L84||$64,595|
|LT||2WD||Turbo-diesel 3.0L I6 LM2||$65,590|
|LT||4WD||5.3L V8 L84||$67,595|
|LT||4WD||Turbo-diesel 3.0L I6 LM2||$68,590|
|Z71||4WD||5.3L V8 L84||$69,195|
|Z71||4WD||6.2L V8 L87||$77,800|
|RST||2WD||5.3L V8 L84||$67,195|
|RST||2WD||Turbo-diesel 3.0L I6 LM2||$68,190|
|RST||2WD||6.2L V8 L87||$71,015|
|RST||4WD||5.3L V8 L84||$70,195|
|RST||4WD||Turbo-diesel 3.0L I6 LM2||$71,190|
|RST||4WD||6.2L V8 L87||$74,015|
|Premier||2WD||5.3L V8 L84||$72,495|
|Premier||2WD||Turbo-diesel 3.0L I6 LM2||$73,490|
|Premier||2WD||6.2L V8 L87||$74,990|
|Premier||4WD||5.3L V8 L84||$75,495|
|Premier||4WD||Turbo-diesel 3.0L I6 LM2||$76,490|
|Premier||4WD||6.2L V8 L87||$77,990|
|High Country||2WD||Turbo-diesel 3.0L I6 LM2||$77,795|
|High Country||2WD||6.2L V8 L87||$79,295|
|High Country||4WD||Turbo-diesel 3.0L I6 LM2||$80,795|
The latest twelfth-generation Chevy Suburban is available with three powertrain options total, including the naturally aspirated 5.3L V8 L84 gasoline engine, rated at 355 horsepower and 383 pound-feet of torque, the naturally aspirated 6.2L V8 L87 gasoline engine, rated at 420 horsepower and 460 pound-feet of torque, and finally, the 3.0L I6 LM2 turbodiesel Duramax engine, rated at 277 horsepower and 460 pound-feet of torque. All three engine options connect to the wheels by way of the GM 10-speed automatic transmission, with both rear-wheel drive and four-wheel drive available to put the power to the ground. Under the skin, the 2023 Chevy Suburban rides on the GM T1 platform, while production takes place at the GM Arlington plant in Texas.
Looking ahead, GM is expected to refresh its full-size SUV lineup for the 2024 model year, including the Chevy Suburban.