Cost of Living: Salem, OH vs Tatum, NM

Housing

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

Metric Salem Tatum
Housing Index 85.0 Data is updating
Median Home Price $100,000 $150,000
Average Rent (2 BR Apartment) $960 $Data is updating
Average Rent (2 BR House) $1024 $Data is updating

Housing Comparison: Salem vs Tatum

  • The median home price in Tatum is higher at $150,000, compared to $100,000 in Salem.
  • The rent for a two-bedroom apartment is equal in both Salem and Tatum at $960.

Utilities

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

Metric Salem Tatum
Electricity Price $15.92 $14.44
Natural Gas Price $Data is updating $Data is updating
Other Utilities $230 $Data is updating

Utilities Comparison: Salem vs Tatum

  • Electricity costs are higher in Salem at $15.92 per kWh, compared to $14.44 in Tatum.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Salem and Tatum averaging $230.