Silver Lake, OH vs Sunbury, OH

Silver Lake, OH and Sunbury, OH have a very similar cost of living, with only a 0.2% difference in their overall index. Silver Lake scores 109 while Sunbury scores 108 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 Silver Lake is $1,696/month compared to $1,565/month in Sunbury — a 8% difference. Interestingly, home values tell a different story: while Sunbury has cheaper rent, Silver Lake actually has lower median home values ($299,500 vs $337,700).

Median household income in Silver Lake is $142,083 compared to $103,774 in Sunbury (+36.9%). 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 Silver Lake spend roughly 14.3% of their income on rent, less than the 18.1% in Sunbury.