Salem cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexSalemNebraskaNational
Cost of living index7588100
IndexSalemNebraskaNational
Goods & Services index10094100
Groceries index9696100
Health care index10198100
Housing index2675100
Transportation index10194100
Utilities index7487100

Did you know?

  • The cost of living in Salem is 15% lower than the Nebraska average.
  • The cost of living in Salem is 25% lower than the national average.
  • The cost of housing in Salem is 74% lower than the national average.
  • Nebraska general sales tax is 8% higher than the national average.
  • Nebraska state income tax is 11% higher than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$38,125$3,177$890$1,144
Renters$24,375$2,031$569$731

Nebraska Sales Tax

StateGeneral Sales TaxWith Max Surtax
Nebraska5.5%7.5%

Nebraska Income Tax

StateIncome Tax (Low)Income Tax (High)
Nebraska2.46%6.84%

Goods & Services

ItemSalemNational avg.Difference
Haircut $16.75$15.567.6%
Beauty Salon $28.63$36.1120.7%
Toothpaste $2.15$2.4713.2%
Shampoo $0.96$0.960.5%
Movie $10.10$10.130.3%
Bowling $4.85$4.742.4%

Groceries

ItemSalemNational avg.Difference
Ground Beef $3.52$3.9811.6%
Fried Chicken $1.36$1.413.3%
Milk $2.65$2.0628.2%
Potatoes $2.71$2.989.1%
Pizza $9.82$9.473.7%
Beer $8.15$8.797.3%

Health Care

ItemSalemNational avg.Difference
Optometrist $105.69$101.044.6%
Doctor $121.17$107.4412.8%
Dentist $81.06$90.4210.4%
Ibuprofen $8.92$9.283.9%
Lipitor $448.57$426.505.2%

Housing

ItemSalemNational avg.Difference
Home Price $24,400.00$175,700.0086.1%
Avg. Mortgage Payment $900.31$1,133.2320.6%
Apartment Rent $508.00$920.0044.8%

Transportation

ItemSalemNational avg.Difference
Gasoline $1.98$1.990.4%
Tire Balancing $47.53$45.763.9%

Utilities

ItemSalemNational avg.Difference
All Electricity$136.52$163.8116.7%
Phone $17.50$28.3938.4%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Corning, MO494-6%
Barada, NE973-27%
Oneida, KS5572-28%
Hamlin, KS5676-24%
Dawson, NE11676-24%
Salem, NE10275-25%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Peoria, OK10279-21%
Spragueville, IA10280-20%
Manassas, GA10281-19%
Hitchcock, SD10275-25%
Badger Lee, OK10288-12%
Salem, NE10275-25%
Source: The Salem, NE cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.