Cost of Living: Salem, OR vs Higbee, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Salem | Higbee |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $415,000 | $132,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Salem vs Higbee
- In Salem, the median home price is higher at $415,000, while in Higbee it is $132,000.
- The rent for a two-bedroom apartment is equal in both Salem and Higbee at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Salem | Higbee |
|---|---|---|
| Electricity Price | $15.12 | $14.64 |
| Natural Gas Price | $16.5 | $23.25 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Salem vs Higbee
- Electricity costs are higher in Salem at $15.12 per kWh, compared to $14.64 in Higbee.
- Higbee experiences higher natural gas costs at $23.25 per unit, with costs at $16.5 in Salem.
- Utility expenses are equal in both Salem and Higbee averaging $250.