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Kenly, NC vs Silver City, NC

73
Kenly
North Carolina
VS
-0.9%
74
Silver City
North Carolina

Kenly, NC and Silver City, NC have a very similar cost of living, with only a 0.9% difference in their overall index. Kenly scores 73 while Silver City scores 74 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 Kenly is $780/month compared to $958/month in Silver City — a 19% difference. Interestingly, home values tell a different story: while Kenly has cheaper rent, Silver City actually has lower median home values ($153,200 vs $183,300).

Median household income in Kenly is $46,229 compared to $16,466 in Silver City (+180.8%). Kenly offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Kenly spend roughly 20.2% of their income on rent, less than the 69.8% in Silver City. The Kenly ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Kenly
73
1% cheaper
Silver City
74
Median Household Income
Kenly
$46,229
64% higher
Silver City
$16,466

Housing

Median Rent
Kenly
$780
19% cheaper
Silver City
$958
Median Home Value
Kenly
$183,300
Silver City
$153,200
16% cheaper
Population
Kenly
2,351
Silver City
789

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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