Home / Compare / Lake vs Silver Creek

Lake, MS vs Silver Creek, MS

60
Lake
Mississippi
VS
-25.1%
80
Silver Creek
Mississippi

There is a significant gap in the cost of living between these two cities. Lake is 25.1% cheaper than Silver Creek. With a cost index of 60 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake to Silver Creek should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Lake are $73,900 compared to $103,600 in Silver Creek, a 29% gap.

Median household income in Lake is $37,813 compared to $26,250 in Silver Creek (+44%). Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, Silver Creek is notably warmer with an average of 66.2°F compared to 63.2°F in Lake. Silver Creek receives more rainfall at 60.6" per year compared to 58.2" in Lake.

Income & Cost

Cost of Living Index
Lake
60
25% cheaper
Silver Creek
80
Median Household Income
Lake
$37,813
31% higher
Silver Creek
$26,250

Housing

Median Rent
Lake
$739
Silver Creek
Median Home Value
Lake
$73,900
29% cheaper
Silver Creek
$103,600
Population
Lake
523
Silver Creek
183

Salary Equivalency Calculator

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

$
Formula:

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lake $2.90
Silver Creek
US $3.07
🥚
Eggs (grade A, large)
Lake $2.36
Silver Creek
US $2.50
🥛
Milk (whole)
Lake $3.80
Silver Creek
US $4.03
🍞
Bread (white)
Lake $1.75
Silver Creek
US $1.85
🍗
Chicken breast
Lake $3.91
Silver Creek
US $4.14
Electricity
Lake $0.16
Silver Creek
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lake 63.2°F
Silver Creek 66.2°F
Summer High
Lake 90°F
Silver Creek 91°F
Winter Low
Lake 34°F
Silver Creek 38°F
Rainfall
Lake 58.2"
Silver Creek 60.6"
Rainy Days
Lake 115d
Silver Creek 121d