Cost of Living in Silver City

Silver City's cost of living runs genuinely affordable on housing and property taxes, with a real, disclosed wide spread on rent data specifically.

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Affordable, softening housing

Silver City's median sale price ran approximately $224,000-$234,000, below the national median, though this record discloses a real, current price decline (down 2.2%-8.1% YoY depending on the month cited).

A genuinely low property tax rate

Grant County's effective property tax rate ran approximately 0.37%-0.60% depending on source, well below the national median (~1.02%).

A real, wide rent-data spread

Silver City's cited rent figures ranged widely from approximately $525 to $875/month depending on source and date -- this record discloses the spread rather than picking one number.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.