Lake City, Florida vs. Silver City, New Mexico

Cost of Living Comparison

The cost of living in Silver City, New Mexico is 6.2% cheaper than Lake City, Florida.

You would need a salary of $46,924 in Silver City, New Mexico to maintain the standard of living you have in Lake City, Florida.
Comparison highlights
• Overall, Silver City, New Mexico is cheaper than Lake City, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
7% cheaper in Silver City
than in Lake City, Florida
Lake City, FL vs. Silver City, NM
Compared to Lake City, Silver City is:
  Homeowner
      No Child Care, Taxes not Considered
  6.2% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  3.3% lower
  Housing (Homeowner)
  3.8% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  4.9% lower
  Commute
  7.5% lower
  Health
  26.9% lower
  Taxes
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  Childcare
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  Personal
  4.3% higher
Cost of Food
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