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Dudley, NC vs Silver Lake, NC

62
Dudley
North Carolina
VS
-35.7%
96
Silver Lake
North Carolina

The cost of living difference between Dudley, NC and Silver Lake, NC is dramatic. Dudley is 35.7% cheaper than Silver Lake, a gap that translates to thousands of dollars per year in household expenses. Dudley has a cost index of 62 while Silver Lake sits at 96, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Dudley is $728/month compared to $1,289/month in Silver Lake — a 44% difference. Home values follow the same pattern: Dudley is more affordable at $100,700 median vs $287,500.

Median household income in Dudley is $46,389 compared to $73,277 in Silver Lake (-36.7%). While Silver Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dudley spend roughly 18.8% of their income on rent, less than the 21.1% in Silver Lake.

Income & Cost

Cost of Living Index
Dudley
62
36% cheaper
Silver Lake
96
Median Household Income
Dudley
$46,389
Silver Lake
$73,277
37% higher

Housing

Median Rent
Dudley
$728
44% cheaper
Silver Lake
$1,289
Median Home Value
Dudley
$100,700
65% cheaper
Silver Lake
$287,500
Population
Dudley
2,320
Silver Lake
6,242

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Dudley $2.97
Silver Lake $2.97
US $3.07
🥚
Eggs (grade A, large)
Dudley $2.42
Silver Lake $2.42
US $2.50
🥛
Milk (whole)
Dudley $3.90
Silver Lake $3.90
US $4.03
🍞
Bread (white)
Dudley $1.79
Silver Lake $1.79
US $1.85
🍗
Chicken breast
Dudley $4.01
Silver Lake $4.01
US $4.14
Electricity
Dudley $0.16
Silver Lake $0.16
US $0.19