Cost of Living: Mountain home, ID vs Salem, OR

Housing

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

Metric Mountain home Salem
Housing Index 90.0 110.0
Median Home Price $241,000 $415,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1280 $1840

Housing Comparison: Mountain home vs Salem

  • The median home price in Salem is higher at $415,000, compared to $241,000 in Mountain home.
  • In Salem, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Mountain home.

Utilities

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

Metric Mountain home Salem
Electricity Price $12.28 $15.12
Natural Gas Price $9.87 $16.5
Other Utilities $250 $250

Utilities Comparison: Mountain home vs Salem

  • Salem has higher electricity costs at $15.12 per kWh, versus $12.28 in Mountain home.
  • Natural gas is more expensive in Mountain home at $9.87 per unit, while it is cheaper at $16.5 in Salem.
  • Utility expenses are equal in both Mountain home and Salem averaging $250.