Cost of Living: Salem, UT vs Las vegas, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Salem | Las vegas |
|---|---|---|
| Housing Index | Data is updating | 110.5 |
| Median Home Price | $418,000 | $462,500 |
| Average Rent (2 BR Apartment) | $Data is updating | $1600 |
| Average Rent (2 BR House) | $Data is updating | $1640 |
Housing Comparison: Salem vs Las vegas
- The median home price in Las vegas is higher at $462,500, compared to $418,000 in Salem.
- The rent for a two-bedroom apartment is equal in both Salem and Las vegas at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Salem | Las vegas |
|---|---|---|
| Electricity Price | $11.5 | $15.5 |
| Natural Gas Price | $14 | $20.66 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Salem vs Las vegas
- Las vegas has higher electricity costs at $15.5 per kWh, versus $11.5 in Salem.
- Las vegas experiences higher natural gas costs at $20.66 per unit, with costs at $14 in Salem.
- Utility expenses are equal in both Salem and Las vegas averaging $0.0.