Cost of Living in Silver Springs Shores, FL
Population 27,556 · Florida · Data vintage 2023
(100 = US avg)
Silver Springs Shores lands reasonably close to national benchmarks on most cost indicators, with a median home value of $182,000 — 40% below the US figure. That makes it a useful reference point for comparing with more extreme markets in Florida.
Geographically, Silver Springs Shores is about 45 miles southeast of Gainesville, the nearest large metro. Median home values run roughly 23% lower than Gainesville's $235,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Silver Springs Shores
The median home value in Silver Springs Shores is $181,800 — 40% below the national median of $305,000. Median rent runs $1,231/month, 6% lower than the national median of $1,314/month. The median household income of $60,543/year is 19% lower than the US median of $74,580. The local unemployment rate is 3.3%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Silver Springs Shores has a cost of living index of 73 versus the US average of 100, meaning it is 27% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Silver Springs Shores, FL?
Silver Springs Shores has a cost index of 73 (100 = national average). It is 27% below the national average.
What is average rent in Silver Springs Shores, FL?
The median gross rent in Silver Springs Shores is $1,231 per month based on 2023 Census data.
What is the average home price in Silver Springs Shores?
The median home value in Silver Springs Shores is $181,800 according to 2023 Census ACS data.
What is the median income in Silver Springs Shores?
The median household income in Silver Springs Shores is $60,543 per year (2023 ACS 5-year estimates).
What is the sales tax in Silver Springs Shores, FL?
The combined state and local sales tax rate in Silver Springs Shores is 7.0%. Florida has no state income tax.
Is Silver Springs Shores, FL affordable?
Yes, Silver Springs Shores is generally considered affordable, with a cost of living index of 73 — about 27% below the US national average of 100.
Silver Springs Shores at a Glance
- Population
- 27,556
- Median Income
- $60,543
- Home Value
- $181,800
- Median Rent
- $1,231/mo
- Unemployment
- 3.3%
- Sales Tax
- 7.0%
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Florida Rankings
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