Cost of Living: Salem, OR vs Noblesville, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Salem | Noblesville |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $415,000 | $314,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1300 |
Housing Comparison: Salem vs Noblesville
- In Salem, the median home price is higher at $415,000, while in Noblesville it is $314,000.
- Renting a two-bedroom apartment costs more in Salem at $1,800 than in Noblesville 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 | Noblesville |
|---|---|---|
| Electricity Price | $15.12 | $14.89 |
| Natural Gas Price | $16.5 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Salem vs Noblesville
- Electricity costs are higher in Salem at $15.12 per kWh, compared to $14.89 in Noblesville.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Salem and Noblesville averaging $250.