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Ivanhoe, NC vs Silver City, NC

88
Ivanhoe
North Carolina
VS
+19%
74
Silver City
North Carolina

There is a significant gap in the cost of living between these two cities. Silver City is 19% cheaper than Ivanhoe. With a cost index of 74 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Silver City to Ivanhoe should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Ivanhoe are $175,300 compared to $153,200 in Silver City, a 14% gap.

Median household income in Ivanhoe is $88,929 compared to $16,466 in Silver City (+440.1%). While Ivanhoe is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Ivanhoe
88
Silver City
74
16% cheaper
Median Household Income
Ivanhoe
$88,929
81% higher
Silver City
$16,466

Housing

Median Rent
Ivanhoe
Silver City
$958
Median Home Value
Ivanhoe
$175,300
Silver City
$153,200
13% cheaper
Population
Ivanhoe
268
Silver City
789

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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