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Romancoke, MD vs Silver Hill, MD

128
Romancoke
Maryland
VS
+17.2%
109
Silver Hill
Maryland

There is a significant gap in the cost of living between these two cities. Silver Hill is 17.2% cheaper than Romancoke. With a cost index of 109 vs 128, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Silver Hill to Romancoke should plan for substantially higher expenses across most categories.

On the housing front, median rent in Romancoke is $1,955/month compared to $1,569/month in Silver Hill — a 25% difference. Home values follow the same pattern: Silver Hill is more affordable at $283,900 median vs $397,200.

Median household income in Romancoke is $118,077 compared to $61,566 in Silver Hill (+91.8%). While Romancoke is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Romancoke spend roughly 19.9% of their income on rent, less than the 30.6% in Silver Hill. The Romancoke ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (57.7°F vs 59.3°F). Romancoke receives more rainfall at 44" per year compared to 41.8" in Silver Hill.

Income & Cost

Cost of Living Index
Romancoke
128
Silver Hill
109
15% cheaper
Median Household Income
Romancoke
$118,077
48% higher
Silver Hill
$61,566

Housing

Median Rent
Romancoke
$1,955
Silver Hill
$1,569
20% cheaper
Median Home Value
Romancoke
$397,200
Silver Hill
$283,900
29% cheaper
Population
Romancoke
1,705
Silver Hill
5,068

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Romancoke $3.11
Silver Hill $3.26
US $3.07
🥚
Eggs (grade A, large)
Romancoke $2.54
Silver Hill $2.66
US $2.50
🥛
Milk (whole)
Romancoke $4.09
Silver Hill $4.28
US $4.03
🍞
Bread (white)
Romancoke $1.88
Silver Hill $1.97
US $1.85
🍗
Chicken breast
Romancoke $4.20
Silver Hill $4.41
US $4.14
Electricity
Romancoke $0.21
Silver Hill $0.20
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Romancoke 57.7°F
Silver Hill 59.3°F
Summer High
Romancoke 86°F
Silver Hill 90°F
Winter Low
Romancoke 30°F
Silver Hill 30°F
Rainfall
Romancoke 44"
Silver Hill 41.8"
Rainy Days
Romancoke 0d
Silver Hill 118d