Silverton, OH vs Willowick, OH

Silverton, OH and Willowick, OH have a very similar cost of living, with only a 3.4% difference in their overall index. Silverton scores 74 while Willowick scores 76 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 Silverton is $842/month compared to $1,021/month in Willowick — a 18% difference. Interestingly, home values tell a different story: while Silverton has cheaper rent, Willowick actually has lower median home values ($156,100 vs $185,300).

Median household income in Silverton is $49,563 compared to $74,138 in Willowick (-33.1%). While Willowick is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Silverton spend roughly 20.4% of their income on rent, more than the 16.5% in Willowick.