Avilla, IN vs Silver Lake, IN

Avilla is moderately more affordable than Silver Lake, with a 10% lower cost of living index. Avilla scores 66 compared to 73 for Silver Lake, where the US average is 100. This difference means residents of Silver Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Avilla is $633/month compared to $1,057/month in Silver Lake — a 40% difference. Interestingly, home values tell a different story: while Avilla has cheaper rent, Silver Lake actually has lower median home values ($107,300 vs $174,500).

Median household income in Avilla is $73,250 compared to $53,542 in Silver Lake (+36.8%). Avilla offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Avilla spend roughly 10.4% of their income on rent, less than the 23.7% in Silver Lake.