What is a pro or con of living in Lake Placid, Floridacompared to Silver Springs Shores, Florida?

Median Home Cost is 56% more expensive in Lake Placid.

What salary do I need to live in Lake Placid, Florida copmared to Silver Springs Shores, Florida?

A salary of $50,000 in Silver Springs Shores, Florida should increase to $52,083 in Lake Placid, Florida (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

SILVER_SPRINGS_SHORES vs. LAKE_PLACID
Cost of Living Comparison

Silver Springs Shores, Florida vs. Lake Placid, Florida

Cost of Living Comparison

The cost of living in Lake Placid, Florida is 4.2% more expensive than Silver Springs Shores, Florida.

You would need a salary of $52,083 in Lake Placid, Florida to maintain the standard of living you have in Silver Springs Shores, Florida.

Comparison highlights

• Overall, Lake Placid, Florida is more expensive than Silver Springs Shores, Florida
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
56% more expensive in Lake Placid
than in Silver Springs Shores, Florida

Silver_Springs_Shores, FL vs. Lake_Placid, FL

Compared to Silver_Springs_Shores, Lake_Placid is:

Homeowner

No Child Care, Taxes not Considered

4.2% higher

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

5.1% higher

Housing (Homeowner)

19.1% higher

Housing (Rent)

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Median Home Cost

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Utilities

2.7% higher

Commute

13.7% lower

Health

8.9% higher

Taxes

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Childcare

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Personal

1.2% lower

Cost of Food

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Silver Springs Shores, Florida vs. Lake Placid, Florida

Cost of Living Comparison

Comparison highlights

Silver_Springs_Shores, FL vs. Lake_Placid, FL

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