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.
IndexSalemWest VirginiaNational
Cost of living index8591100
IndexSalemWest VirginiaNational
Goods & Services index111111100
Groceries index9595100
Health care index9696100
Housing index4060100
Transportation index107107100
Utilities index9393100

Did you know?

  • The cost of living in Salem is 7% lower than the West Virginia average.
  • The cost of living in Salem is 15% lower than the national average.
  • The cost of housing in Salem is 60% lower than the national average.
  • West Virginia general sales tax is 18% higher than the national average.
  • West Virginia state income tax is 35% higher than the national average.

Find Real Estate Listings In Salem

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Salem

Compare Salem, WV Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$41,141$3,428$960$1,234
Renters$16,369$1,364$382$491

West Virginia Sales Tax

StateGeneral Sales TaxWith Max Surtax
West Virginia6%7%

West Virginia Income Tax

StateIncome Tax (Low)Income Tax (High)
West Virginia3%6.5%

Goods & Services

ItemSalemNational avg.Difference
Haircut $12.75$14.5912.6%
Beauty Salon $31.18$34.6810.1%
Toothpaste $2.60$2.475.1%
Shampoo $1.20$1.0217.4%
Movie $10.00$9.871.3%
Bowling $3.75$4.3914.6%

Groceries

ItemSalemNational avg.Difference
Ground Beef $4.03$4.4810.0%
Fried Chicken $1.28$1.4612.6%
Milk $2.29$2.362.8%
Potatoes $3.54$3.0615.6%
Pizza $9.18$9.240.7%
Beer $8.76$8.631.5%

Health Care

ItemSalemNational avg.Difference
Optometrist $88.75$99.7811.1%
Doctor $108.67$105.033.5%
Dentist $74.67$88.7015.8%
Ibuprofen $8.93$9.415.1%
Lipitor $315.71$298.505.8%

Housing

ItemSalemNational avg.Difference
Home Price $56,600.00$175,700.0067.8%
Avg. Mortgage Payment $1,224.16$1,081.0313.2%
Apartment Rent $536.00$920.0041.7%

Transportation

ItemSalemNational avg.Difference
Gasoline $2.47$2.0918.0%
Tire Balancing $34.60$45.2923.6%

Utilities

ItemSalemNational avg.Difference
All Electricity$139.34$170.8018.4%
Phone $30.99$28.269.7%
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.
Gypsy, WV38678-22%
Spelter, WV51978-22%
Smithfield, WV16682-18%
Anmoore, WV86685-15%
Jane Lew, WV47085-15%
Salem, WV1,86185-15%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Westville, OK1,86079-21%
Shannon, GA1,86281-19%
Warsaw, KY1,86087-13%
Hughesville, PA1,86094-6%
Flora, MS1,86282-18%
Salem, WV1,86185-15%
Source: The Salem, WV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.