Kenly, NC vs Silver City, NC
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.
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