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Lake Arbor, MD vs Silver Hill, MD

145
Lake Arbor
Maryland
VS
+33.2%
109
Silver Hill
Maryland

The cost of living difference between Lake Arbor, MD and Silver Hill, MD is dramatic. Silver Hill is 33.2% cheaper than Lake Arbor, a gap that translates to thousands of dollars per year in household expenses. Lake Arbor has a cost index of 145 while Silver Hill sits at 109, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lake Arbor is $2,293/month compared to $1,569/month in Silver Hill — a 46% difference. Home values follow the same pattern: Silver Hill is more affordable at $283,900 median vs $457,800.

Median household income in Lake Arbor is $128,616 compared to $61,566 in Silver Hill (+108.9%). While Lake Arbor is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake Arbor spend roughly 21.4% of their income on rent, less than the 30.6% in Silver Hill. The Lake Arbor ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (59.3°F vs 59.3°F). Silver Hill receives more rainfall at 41.8" per year compared to 41.8" in Lake Arbor.

Income & Cost

Cost of Living Index
Lake Arbor
145
Silver Hill
109
25% cheaper
Median Household Income
Lake Arbor
$128,616
52% higher
Silver Hill
$61,566

Housing

Median Rent
Lake Arbor
$2,293
Silver Hill
$1,569
32% cheaper
Median Home Value
Lake Arbor
$457,800
Silver Hill
$283,900
38% cheaper
Population
Lake Arbor
14,932
Silver Hill
5,068

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lake Arbor $3.26
Silver Hill $3.26
US $3.07
🥚
Eggs (grade A, large)
Lake Arbor $2.66
Silver Hill $2.66
US $2.50
🥛
Milk (whole)
Lake Arbor $4.28
Silver Hill $4.28
US $4.03
🍞
Bread (white)
Lake Arbor $1.97
Silver Hill $1.97
US $1.85
🍗
Chicken breast
Lake Arbor $4.41
Silver Hill $4.41
US $4.14
Electricity
Lake Arbor $0.20
Silver Hill $0.20
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lake Arbor 59.3°F
Silver Hill 59.3°F
Summer High
Lake Arbor 90°F
Silver Hill 90°F
Winter Low
Lake Arbor 30°F
Silver Hill 30°F
Rainfall
Lake Arbor 41.8"
Silver Hill 41.8"
Rainy Days
Lake Arbor 118d
Silver Hill 118d