Silver Springs Shores, FL Cost of Living


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Silver Springs Shores cost of living score
87
Less expensive
13.0% lower
than the US average
15.6% lower
than the Florida average
Silver Springs Shores, Florida gets a BestPlaces Cost of Living score of 87, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.0% lower than the U.S. average and 15.6% lower than the average for Florida.

Silver Springs Shores, FL

Housing costs in Silver Springs Shores?
A typical home costs $158,700, which is 53.1% less expensive than the national average of $338,100 and 56.2% less expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Silver Springs Shores costs $1,210 per month, which is 15.4% cheaper than the national average of $1,430 and 28.9% cheaper than the state average of $1,560.

Can I afford Silver Springs Shores?
To live comfortably in Silver Springs Shores, Florida, a minimum annual income of $30,240 for a family, and $39,200 for a single person is recommended.

What does A.I. say about Silver Springs Shores?
Silver Springs Shores, FL has a very reasonable cost of living. The overall cost of living index is slightly below the national average at 86.7 and the housing costs are even lower than that, coming in at 80.0. Renting a one-bedroom apartment will usually be around $750 per month, while a three-bedroom would cost closer to $1000. Grocery shopping is also very affordable in Silver Springs Shores, with necessary items costing not much more than what you would find elsewhere in the state. Other necessities such as utilities and gas prices are also quite low compared to the national average, making this an excellent place for those looking for an affordable cost of living without sacrificing quality of life.
   Cost of living score
     CategoriesSilver Springs ShoresFloridaUnited States
  87.0103.1100.0
  97.6102.8100
  97.6102.3100.0
  51.2101.1100.0
  $158,700$362,400$338,100
  106.8%101.3%100.0%
  88.2112.6100.0
  79.287.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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