Cost of Living in Salem, OH
Housing
The housing market plays a significant role in determining the cost of living in Salem, OH.
- Housing Index: 85.0 / 100
- Median Home Price is: $100,000
- Average Rent (2 BR Apartment): $960 per month
- Average Rent (2 BR House): $1024 per month
Considering a move to Salem, OH? With a population of and a median age of , the community offers a vibrant mix of residents. The median income stands at , which reflects a moderate economic landscape alongside a poverty level of . A notable 31% of families are married, suggesting a stable family-oriented environment. However, the unemployment rate is at , indicating a potential area of concern for job seekers. Ultimately, if stability and community are priorities, Salem may be an appealing choice.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Salem, OH.
- Electricity Price: $15.92 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $230 per month
Living in Salem, OH could entail higher utility costs. Electricity costs sit at $15.92, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $230 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Salem is a financially viable option for your relocation.