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Silver Springs, FL vs Southwest Ranches, FL

93
Silver Springs
Florida
VS
-51.2%
191
Southwest Ranches
Florida

The cost of living difference between Silver Springs, FL and Southwest Ranches, FL is dramatic. Silver Springs is 51.2% cheaper than Southwest Ranches, a gap that translates to thousands of dollars per year in household expenses. Silver Springs has a cost index of 93 while Southwest Ranches sits at 191, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

Renters will find that Silver Springs has a median rent of $1,143/month while Southwest Ranches comes in at $2,730/month, a 58% difference.

Median household income in Silver Springs is $32,228 compared to $157,390 in Southwest Ranches (-79.5%). While Southwest Ranches 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 Springs spend roughly 42.6% of their income on rent, more than the 20.8% in Southwest Ranches. The Southwest Ranches ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Southwest Ranches is notably warmer with an average of 77.3°F compared to 72.8°F in Silver Springs. Southwest Ranches receives more rainfall at 62" per year compared to 43.8" in Silver Springs.

Income & Cost

Cost of Living Index
Silver Springs
93
51% cheaper
Southwest Ranches
191
Median Household Income
Silver Springs
$32,228
Southwest Ranches
$157,390
80% higher

Housing

Median Rent
Silver Springs
$1,143
58% cheaper
Southwest Ranches
$2,730
Median Home Value
Silver Springs
Southwest Ranches
$841,900
Population
Silver Springs
2,640
Southwest Ranches
7,569

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Silver Springs $2.95
Southwest Ranches $3.12
US $3.07
🥚
Eggs (grade A, large)
Silver Springs $2.41
Southwest Ranches $2.55
US $2.50
🥛
Milk (whole)
Silver Springs $3.88
Southwest Ranches $4.10
US $4.03
🍞
Bread (white)
Silver Springs $1.78
Southwest Ranches $1.88
US $1.85
🍗
Chicken breast
Silver Springs $3.99
Southwest Ranches $4.22
US $4.14
Electricity
Silver Springs $0.18
Southwest Ranches $0.19
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Silver Springs 72.8°F
Southwest Ranches 77.3°F
Summer High
Silver Springs 91°F
Southwest Ranches 92°F
Winter Low
Silver Springs 49°F
Southwest Ranches 59°F
Rainfall
Silver Springs 43.8"
Southwest Ranches 62"
Rainy Days
Silver Springs 122d
Southwest Ranches 148d