Cost of Living in Silver City, NV

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

135.2

100 = national avg

+35.2 vs national average

Living Wage (1 Adult)

$59,485

per year

Living Wage (Family of 4)

$140,600

per year

Cost Index by Category

Housing
187.8
Food
103.0
Transportation
106.1
Healthcare
102.4
Utilities
119.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,076

per month

2 Bedroom

$1,272

per month

The overall cost of living index in Silver City is 135.2, which is 35.2% above the national average. Housing costs are above the national average at an index of 187.8. A single adult needs to earn approximately $59,485 per year to cover basic expenses.