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Quincy, FL vs Silver Springs, FL

73
Quincy
Florida
VS
-21.9%
93
Silver Springs
Florida

There is a significant gap in the cost of living between these two cities. Quincy is 21.9% cheaper than Silver Springs. With a cost index of 73 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Quincy to Silver Springs should plan for substantially higher expenses across most categories.

Renters will find that Quincy has a median rent of $1,022/month while Silver Springs comes in at $1,143/month, a 11% difference.

Median household income in Quincy is $34,126 compared to $32,228 in Silver Springs (+5.9%). Quincy offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Quincy spend roughly 35.9% of their income on rent, less than the 42.6% in Silver Springs. The Quincy ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Silver Springs is notably warmer with an average of 72.8°F compared to 68.5°F in Quincy. Quincy receives more rainfall at 58.8" per year compared to 43.8" in Silver Springs.

Income & Cost

Cost of Living Index
Quincy
73
22% cheaper
Silver Springs
93
Median Household Income
Quincy
$34,126
6% higher
Silver Springs
$32,228

Housing

Median Rent
Quincy
$1,022
11% cheaper
Silver Springs
$1,143
Median Home Value
Quincy
$101,700
Silver Springs
Population
Quincy
7,818
Silver Springs
2,640

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Quincy $2.95
Silver Springs $2.95
US $3.07
🥚
Eggs (grade A, large)
Quincy $2.41
Silver Springs $2.41
US $2.50
🥛
Milk (whole)
Quincy $3.88
Silver Springs $3.88
US $4.03
🍞
Bread (white)
Quincy $1.78
Silver Springs $1.78
US $1.85
🍗
Chicken breast
Quincy $3.99
Silver Springs $3.99
US $4.14
Electricity
Quincy $0.18
Silver Springs $0.18
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Quincy 68.5°F
Silver Springs 72.8°F
Summer High
Quincy 92°F
Silver Springs 91°F
Winter Low
Quincy 41°F
Silver Springs 49°F
Rainfall
Quincy 58.8"
Silver Springs 43.8"
Rainy Days
Quincy 114d
Silver Springs 122d