Cost of Living: Salem, OH vs Central city, KY

Housing

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

Metric Salem Central city
Housing Index 85.0 90.0
Median Home Price $100,000 $117,000
Average Rent (2 BR Apartment) $960 $1500
Average Rent (2 BR House) $1024 $1600

Housing Comparison: Salem vs Central city

  • The median home price in Central city is higher at $117,000, compared to $100,000 in Salem.
  • Renting a two-bedroom apartment costs more in Salem at $960 than in Central city 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 Central city
Electricity Price $15.92 $12.87
Natural Gas Price $Data is updating $22.78
Other Utilities $230 $250

Utilities Comparison: Salem vs Central city

  • Electricity costs are higher in Salem at $15.92 per kWh, compared to $12.87 in Central city.
  • Natural gas price data is currently unavailable.
  • Central city has higher utility expenses, averaging $250, while Salem averages $230.