Gilbert, IA vs Silver City, IA

Silver City is moderately more affordable than Gilbert, with a 14.3% lower cost of living index. Gilbert scores 81 compared to 71 for Silver City, where the US average is 100. This difference means residents of Gilbert can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gilbert is $887/month compared to $889/month in Silver City — a 0% difference. Interestingly, home values tell a different story: while Gilbert has cheaper rent, Silver City actually has lower median home values ($139,000 vs $267,200).

Median household income in Gilbert is $112,250 compared to $68,214 in Silver City (+64.6%). While Gilbert is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gilbert spend roughly 9.5% of their income on rent, less than the 15.6% in Silver City.