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Icard, NC vs Silver City, NC

68
Icard
North Carolina
VS
-7.7%
74
Silver City
North Carolina

Icard is moderately more affordable than Silver City, with a 7.7% lower cost of living index. Icard scores 68 compared to 74 for Silver City, where the US average is 100. This difference means residents of Silver City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Icard is $844/month compared to $958/month in Silver City — a 12% difference. Home values follow the same pattern: Icard is more affordable at $136,600 median vs $153,200.

Median household income in Icard is $47,825 compared to $16,466 in Silver City (+190.4%). Icard offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Icard spend roughly 21.2% of their income on rent, less than the 69.8% in Silver City. The Icard ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Icard
68
8% cheaper
Silver City
74
Median Household Income
Icard
$47,825
66% higher
Silver City
$16,466

Housing

Median Rent
Icard
$844
12% cheaper
Silver City
$958
Median Home Value
Icard
$136,600
11% cheaper
Silver City
$153,200
Population
Icard
2,291
Silver City
789

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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