Cost of Living: Salem, OH vs Holland, MI

Housing

The housing market plays a significant role in determining the cost of living.

Metric Salem Holland
Housing Index 85.0 85.0
Median Home Price $100,000 $212,100
Average Rent (2 BR Apartment) $960 $1500
Average Rent (2 BR House) $1024 $1515

Housing Comparison: Salem vs Holland

  • The median home price in Holland is higher at $212,100, compared to $100,000 in Salem.
  • Renting a two-bedroom apartment costs more in Salem at $960 than in Holland at $1,500.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Salem Holland
Electricity Price $15.92 $19.88
Natural Gas Price $Data is updating $15.42
Other Utilities $230 $250

Utilities Comparison: Salem vs Holland

  • Holland has higher electricity costs at $19.88 per kWh, versus $15.92 in Salem.
  • Natural gas price data is currently unavailable.
  • Holland has higher utility expenses, averaging $250, while Salem averages $230.