Cost of living in Silvis research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Silvis is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Silvis is 87, with 100 being the average.
The cost of living index in Silvis is 0.9x lower than the national average.
Silvis ranks as the #71 cheapest in Illinois out of 338.
Silvis ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Silvis is $139,000.
The median income in Silvis is $63,008.
According to the most recent data on the cost of living, Silvis has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Illinois, Silvis has a cost of living index that's 0.9x lower than Illinois's index of 92.
The standard of living in Silvis ranks as #71 most affordable out of the 338 places we measured in Illinois. By definition, that implies Silvis ranks as the #267 most expensive place in the Prairie State.
For more reading on life in Silvis, check out:
Six factors go into calculating the cost of living index in Silvis. Here is how it fairs on each of the criteria:
The Services index in Silvis is 94.
The Groceries index in Silvis is 103.
The Health index in Silvis is 109.
The Housing index in Silvis is 63.
The Transportation index in Silvis is 103.
The Utilities index in Silvis is 92.
Living Expense | Silvis | Illinois | National Average | |
---|---|---|---|---|
Overall | 87 | 92 | 100 | |
Services | 94 | 95 | 100 | |
Groceries | 103 | 98 | 100 | |
Health | 109 | 96 | 100 | |
Housing | 63 | 81 | 100 | |
Transportation | 103 | 105 | 100 | |
Utilities | 92 | 90 | 100 |
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Silvis is $139,000.
The Median Rent in Silvis is $850.
The Median Income in Silvis is $63,008.
The Home Value To Income in Silvis is 2.2x.
The Rent To Monthly Income in Silvis is 0.16x.
Statistic | Silvis | Illinois | United States |
---|---|---|---|
Median Home Value | $139,000 | $212,600 | $244,900 |
Median Rent | $850 | $1,097 | $1,163 |
Median Income | $63,008 | $72,563 | $69,021 |
Home Value To Income | 2.2x | 2.9x | 3.5x |
Rent To Monthly Income | 0.16x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Silvis. Here's a quick look at the cost of living in the most populous nearby places:
Davenport, IA has a cost of living index of 91, 1.0x Silvis.
Moline, IL has a cost of living index of 90, 1.0x Silvis.
Bettendorf, IA has a cost of living index of 97, 1.1x Silvis.
City | Population | Cost Of Living | Vs. Silvis |
---|---|---|---|
Davenport, IA | 101,725 | 91 | 1.0x |
Moline, IL | 42,660 | 90 | 1.0x |
Bettendorf, IA | 38,631 | 97 | 1.1x |
Rock Island, IL | 37,519 | 85 | 1.0x |
East Moline, IL | 21,181 | 88 | 1.0x |
Geneseo, IL | 6,774 | 89 | 1.0x |
Eldridge, IA | 6,634 | 100 | 1.1x |
Colona, IL | 5,339 | 87 | 1.0x |
Milan, IL | 5,096 | 84 | 1.0x |