Hugoton, KS vs Silver Lake, KS

Hugoton, KS and Silver Lake, KS have a very similar cost of living, with only a 2.2% difference in their overall index. Hugoton scores 69 while Silver Lake scores 70 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hugoton is $925/month compared to $877/month in Silver Lake — a 6% difference. Interestingly, home values tell a different story: while Silver Lake has cheaper rent, Hugoton actually has lower median home values ($118,400 vs $168,900).

Median household income in Hugoton is $60,437 compared to $56,857 in Silver Lake (+6.3%). Hugoton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hugoton spend roughly 18.4% of their income on rent, less than the 18.5% in Silver Lake.