Cost of Living in Silver Lake, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
184.3
100 = national avg
+84.3 vs national average
Living Wage (1 Adult)
$81,087
per year
Living Wage (Family of 4)
$191,659
per year
Cost Index by Category
Housing186.9
Food158.6
Transportation217.2
Healthcare146.9
Utilities152.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$985
per month
2 Bedroom
$1,268
per month
The overall cost of living index in Silver Lake is 184.3, which is 84.3% above the national average. Housing costs are above the national average at an index of 186.9. A single adult needs to earn approximately $81,087 per year to cover basic expenses.