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Silver Lake, KS vs Wamego, KS

70
Silver Lake
Kansas
VS
-9.9%
78
Wamego
Kansas

Silver Lake is moderately more affordable than Wamego, with a 9.9% lower cost of living index. Silver Lake scores 70 compared to 78 for Wamego, where the US average is 100. This difference means residents of Wamego can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Silver Lake is $877/month compared to $1,032/month in Wamego — a 15% difference. Home values follow the same pattern: Silver Lake is more affordable at $168,900 median vs $187,700.

Median household income in Silver Lake is $56,857 compared to $82,756 in Wamego (-31.3%). While Wamego is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Silver Lake spend roughly 18.5% of their income on rent, more than the 15% in Wamego.

Income & Cost

Cost of Living Index
Silver Lake
70
10% cheaper
Wamego
78
Median Household Income
Silver Lake
$56,857
Wamego
$82,756
31% higher

Housing

Median Rent
Silver Lake
$877
15% cheaper
Wamego
$1,032
Median Home Value
Silver Lake
$168,900
10% cheaper
Wamego
$187,700
Population
Silver Lake
1,549
Wamego
4,205

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Silver Lake $2.96
Wamego $2.96
US $3.07
🥚
Eggs (grade A, large)
Silver Lake $2.41
Wamego $2.41
US $2.50
🥛
Milk (whole)
Silver Lake $3.89
Wamego $3.89
US $4.03
🍞
Bread (white)
Silver Lake $1.79
Wamego $1.79
US $1.85
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Chicken breast
Silver Lake $4.00
Wamego $4.00
US $4.14
Electricity
Silver Lake $0.17
Wamego $0.17
US $0.19