Cost of Living: Salem, OR vs Hayes, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Salem | Hayes |
|---|---|---|
| Housing Index | 110.0 | 95.0 |
| Median Home Price | $415,000 | $319,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1400 |
Housing Comparison: Salem vs Hayes
- In Salem, the median home price is higher at $415,000, while in Hayes it is $319,000.
- Renting a two-bedroom apartment costs more in Salem at $1,800 than in Hayes at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Salem | Hayes |
|---|---|---|
| Electricity Price | $15.12 | $15.31 |
| Natural Gas Price | $16.5 | $19.91 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Salem vs Hayes
- Hayes has higher electricity costs at $15.31 per kWh, versus $15.12 in Salem.
- Hayes experiences higher natural gas costs at $19.91 per unit, with costs at $16.5 in Salem.
- Other utility costs are higher in Salem at an average of $250, compared to Hayes with $200.