Cost of Living in Silver City, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
62.4
100 = national avg
-37.6 vs national average
Living Wage (1 Adult)
$27,465
per year
Living Wage (Family of 4)
$64,917
per year
Cost Index by Category
Housing88.4
Food62.6
Transportation25.2
Healthcare70.1
Utilities75.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$761
per month
2 Bedroom
$998
per month
The overall cost of living index in Silver City is 62.4, which is 37.6% below the national average. Housing costs are below the national average at an index of 88.4. A single adult needs to earn approximately $27,465 per year to cover basic expenses.