Silver Lake, FL Cost of Living


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Silver Lake cost of living score
100.7
More expensive
0.7% higher
than the US average
2.3% lower
than the Florida average
Silver Lake, Florida gets a BestPlaces Cost of Living score of 100.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.7% higher than the U.S. average and 2.3% higher than the average for Florida.

Silver Lake, FL

Housing costs in Silver Lake?
A typical home costs $288,700, which is 14.6% less expensive than the national average of $338,100 and 20.3% less expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Silver Lake costs $1,440 per month, which is 0.7% more than the national average of $1,430 and 8.3% cheaper than the state average of $1,560.

Can I afford Silver Lake?
To live comfortably in Silver Lake, Florida, a minimum annual income of $55,440 for a family, and $50,800 for a single person is recommended.

What does A.I. say about Silver Lake?
The cost of living in Silver Lake, FL is relatively low compared to other cities and towns in the United States. The median home price is around $145,000, which is quite affordable for most families. Renting can be even more affordable with an average price of $900 per month. Groceries also tend to stay at a fairly low cost as well. Overall, Silver Lake is an excellent place for people to live without having to break the bank.
   Cost of living score
     CategoriesSilver LakeFloridaUnited States
  100.7103.1100.0
  98.6102.8100
  101.2102.3100.0
  94.2101.1100.0
  $288,700$362,400$338,100
  104.6%101.3%100.0%
  111.4112.6100.0
  89.687.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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