Cost of Living: Salem, OR vs Lamesa, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Salem | Lamesa |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $415,000 | $123,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1280 |
Housing Comparison: Salem vs Lamesa
- In Salem, the median home price is higher at $415,000, while in Lamesa it is $123,000.
- Renting a two-bedroom apartment costs more in Salem at $1,800 than in Lamesa 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 | Lamesa |
|---|---|---|
| Electricity Price | $15.12 | $14.47 |
| Natural Gas Price | $16.5 | $26.29 |
| Other Utilities | $250 | $220 |
Utilities Comparison: Salem vs Lamesa
- Electricity costs are higher in Salem at $15.12 per kWh, compared to $14.47 in Lamesa.
- Lamesa experiences higher natural gas costs at $26.29 per unit, with costs at $16.5 in Salem.
- Other utility costs are higher in Salem at an average of $250, compared to Lamesa with $220.