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.
IndexSalemUtahNational
Cost of living index108101100
IndexSalemUtahNational
Goods & Services index10196100
Groceries index9596100
Health care index9189100
Housing index131113100
Transportation index106102100
Utilities index9490100
A general summary of the cost of living index in Salem, UT is shown above. Compared to the state average of Utah the cost of living index in Salem, UT is 108, which is 8% higher than the average in Utah and compared to the national average it is 8% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Salem, UT goods and services come in at 5% higher than the average in Utah and are 1% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Salem is 8% higher than the Utah average.
  • The cost of living in Salem is 8% higher than the national average.
  • The cost of housing in Salem is 31% higher than the national average.
  • Utah general sales tax is 17% higher than the national average.
  • Utah state income tax is 125% higher than the national average.

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Compare Salem, UT Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Using the salary calculator lets you compare the salary you earn in Salem, UT to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Salem, UT, you have to earn a higher income in order to still have the same standard of living. To operate the Salem, UT salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$80,387$6,699$1,876$2,412
Renters$24,081$2,007$562$723
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Salem, UT, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Salem, UT has a median income of about $80,387 for people who own homes. Based on that number, a person should spend a maximum of $1,876 on expenses related to housing. Renters have a slightly different median income, which is $24,081. Based on this average, renters should spend no more than $562 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Utah Sales Tax

StateGeneral Sales TaxWith Max Surtax
Utah5.95%8.35%

Utah Income Tax

StateIncome Tax (Low)Income Tax (High)
Utah5%5%
One thing to keep in mind when considering the cost of living in Salem, UT is the Utah sales tax and Utah income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Utah sales tax rate is 5.95% and the maximum surtax that can be charged is 8.35%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Utah income tax rates range from 5% to 5%.

Goods & Services

ItemSalemNational avg.Difference
Haircut $15.25$14.594.5%
Beauty Salon $38.75$34.6811.7%
Toothpaste $2.32$2.476.2%
Shampoo $0.94$1.028.0%
Movie $7.44$9.8724.6%
Bowling $3.99$4.399.1%

Groceries

ItemSalemNational avg.Difference
Ground Beef $3.77$4.4815.8%
Fried Chicken $1.05$1.4628.3%
Milk $2.09$2.3611.3%
Potatoes $1.75$3.0642.8%
Pizza $8.99$9.242.7%
Beer $7.99$8.637.4%

Health Care

ItemSalemNational avg.Difference
Optometrist $87.75$99.7812.1%
Doctor $94.00$105.0310.5%
Dentist $82.00$88.707.6%
Ibuprofen $8.24$9.4112.5%
Lipitor $279.10$298.506.5%

Housing

ItemSalemNational avg.Difference
Home Price $255,600.00$175,700.0045.5%
Avg. Mortgage Payment $1,027.66$1,081.034.9%
Apartment Rent $889.00$920.003.4%

Transportation

ItemSalemNational avg.Difference
Gasoline $2.13$2.091.9%
Tire Balancing $53.81$45.2918.8%

Utilities

ItemSalemNational avg.Difference
All Electricity$145.09$170.8015.1%
Phone $29.99$28.266.1%
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.
Goshen, UT98694-6%
Elberta, UT36696-4%
Rocky Ridge, UT1,27497-3%
Payson, UT18,92899-1%
Provo, UT114,8041000%
Salem, UT6,7891088%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Marshfield, MO6,78985-15%
Upper Sandusky, OH6,79287-13%
Anadarko, OK6,78677-23%
El Rio, CA6,78512222%
Belle Plaine, MN6,79497-3%
Salem, UT6,7891088%
Source: The Salem, UT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.