Cost of Living: Belmont, CA vs Salem, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Belmont | Salem |
|---|---|---|
| Housing Index | 165.0 | 85.0 |
| Median Home Price | $1,360,000 | $100,000 |
| Average Rent (2 BR Apartment) | $3200 | $960 |
| Average Rent (2 BR House) | $3400 | $1024 |
Housing Comparison: Belmont vs Salem
- In Belmont, the median home price is higher at $1,360,000, while in Salem it is $100,000.
- In Salem, the rental for a two-bedroom apartment stands at $960, while it is $3,200 in Belmont.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Belmont | Salem |
|---|---|---|
| Electricity Price | $32.99 | $15.92 |
| Natural Gas Price | $16.99 | $Data is updating |
| Other Utilities | $250 | $230 |
Utilities Comparison: Belmont vs Salem
- Electricity costs are higher in Belmont at $32.99 per kWh, compared to $15.92 in Salem.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Belmont at an average of $250, compared to Salem with $230.