Cost of Living: Gadsden, AL vs Salem, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gadsden | Salem |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $211,000 | $100,000 |
| Average Rent (2 BR Apartment) | $950 | $960 |
| Average Rent (2 BR House) | $960 | $1024 |
Housing Comparison: Gadsden vs Salem
- In Gadsden, the median home price is higher at $211,000, while in Salem it is $100,000.
- In Salem, the rental for a two-bedroom apartment stands at $960, while it is $950 in Gadsden.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Gadsden | Salem |
|---|---|---|
| Electricity Price | $15.03 | $15.92 |
| Natural Gas Price | $21.76 | $Data is updating |
| Other Utilities | $200 | $230 |
Utilities Comparison: Gadsden vs Salem
- Salem has higher electricity costs at $15.92 per kWh, versus $15.03 in Gadsden.
- Natural gas price data is currently unavailable.
- Salem has higher utility expenses, averaging $230, while Gadsden averages $200.