Cost of Living in Silver Lake, OH

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A-
6%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
29%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Silver Lake Ohio National
Cost of living10689100
Groceries10097100
Health care9696100
Housing12974100
Transportation9496100
Utilities9596100
Lifestyle & Entertainment9495100
Household Items9997100
Education & Childcare9793100
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Homes For Sale In Silver Lake, OH

property for sale

3022 Harriett Rd

Silver Lake, OH
property for sale

Vincent Rd

Silver Lake, OH
property for sale

3119 Highland Dr

Silver Lake, OH
property for sale

2822 Lakeland Pkwy

Silver Lake, OH

Cost Of Living Quick Facts

  • The cost of living in Silver Lake is 19% higher than the Ohio average
  • The cost of living in Silver Lake is 6% higher than the national average
  • Silver Lake housing is 29% higher than the national average
  • Ohio general sales tax is 13% higher than the national average
  • Ohio state income tax is 6% higher than the national average

Most Affordable Places to Live in and Around Silver Lake

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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$167,381$13,948$3,905$5,022
      Renters$0$0$0$0

      Ohio Sales Tax

      State General Sales Tax With Max Surtax
      Ohio 5.75% 8%

      Ohio Income Tax

      State Income Tax (Low) Income Tax (High)
      Ohio 2.76% 3.99%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Sawyerwood, OH1,6457921.4%
      Akron, OH203,0428317.0%
      Barberton, OH26,8448316.7%
      Ravenna, OH11,6858613.8%
      Marlboro, OH3078614.4%
      Silver Lake, OH2,5661066.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Leachville, AR2,5668019.7%
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      Labelle, QC2,567n/a 
      La Blanca, TX2,5648712.8%
      Calvert City, KY2,568918.8%
      Silver Lake, OH2,5661066.2%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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