Scott City, KS vs Silver Lake, KS

Scott City, KS and Silver Lake, KS have a very similar cost of living, with only a 3% difference in their overall index. Scott City scores 68 while Silver Lake scores 70 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 Scott City is $778/month compared to $877/month in Silver Lake — a 11% difference. Home values follow the same pattern: Scott City is more affordable at $166,400 median vs $168,900.

Median household income in Scott City is $54,026 compared to $56,857 in Silver Lake (-5%). While Silver Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Scott City spend roughly 17.3% of their income on rent, less than the 18.5% in Silver Lake.