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Emmons, MN vs Silver Lake, MN

64
Emmons
Minnesota
VS
-11.2%
72
Silver Lake
Minnesota

Emmons is moderately more affordable than Silver Lake, with a 11.2% lower cost of living index. Emmons scores 64 compared to 72 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 Emmons is $740/month compared to $769/month in Silver Lake — a 4% difference. Home values follow the same pattern: Emmons is more affordable at $96,700 median vs $184,800.

Median household income in Emmons is $57,500 compared to $75,000 in Silver Lake (-23.3%). 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 Emmons spend roughly 15.4% of their income on rent, more than the 12.3% in Silver Lake.

Income & Cost

Cost of Living Index
Emmons
64
11% cheaper
Silver Lake
72
Median Household Income
Emmons
$57,500
Silver Lake
$75,000
23% higher

Housing

Median Rent
Emmons
$740
4% cheaper
Silver Lake
$769
Median Home Value
Emmons
$96,700
48% cheaper
Silver Lake
$184,800
Population
Emmons
320
Silver Lake
922

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