North Salem, IN Cost Of Living

North 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.
Index	North Salem	Indiana	National
Cost of living index	88	89	100
Index	North Salem	Indiana	National
Goods & Services index	100	98	100
Groceries index	93	94	100
Health care index	94	93	100
Housing index	67	72	100
Transportation index	94	96	100
Utilities index	98	94	100

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The cost of living in North Salem is 1% lower than the Indiana average.
The cost of living in North Salem is 12% lower than the national average.
The cost of housing in North Salem is 33% lower than the national average.
Indiana general sales tax is 37% higher than the national average.
Indiana state income tax is 48% higher than the national average.

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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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$46,827	$3,902	$1,093	$1,405
Renters	$30,313	$2,526	$707	$909

Indiana Sales Tax

State	General Sales Tax	With Max Surtax
Indiana	7%	7%

Indiana Income Tax

State	Income Tax (Low)	Income Tax (High)
Indiana	3.3%	3.3%

Goods & Services

Item	North Salem	National avg.	Difference
Haircut	$17.73	$16.09	10.2%
Beauty Salon	$36.97	$37.33	1.0%
Toothpaste	$2.28	$2.45	6.8%
Shampoo	$0.99	$1.00	0.7%
Movie	$10.92	$10.28	6.2%
Bowling	$4.26	$4.93	13.6%

Groceries

Item	North Salem	National avg.	Difference
Ground Beef	$3.83	$3.80	0.6%
Fried Chicken	$1.29	$1.40	7.9%
Milk	$1.22	$2.01	39.2%
Potatoes	$2.32	$3.01	22.8%
Pizza	$10.66	$9.89	7.8%
Beer	$8.62	$8.90	3.2%

Health Care

Item	North Salem	National avg.	Difference
Optometrist	$72.00	$102.16	29.5%
Doctor	$92.24	$108.36	14.9%
Dentist	$91.22	$92.53	1.4%
Ibuprofen	$8.75	$9.28	5.7%
Lipitor	$443.70	$425.82	4.2%

Housing

Item	North Salem	National avg.	Difference
Home Price	$117,500.00	$184,700.00	36.4%
Avg. Mortgage Payment	$892.55	$1,202.44	25.8%
Apartment Rent	$696.00	$949.00	26.7%

Transportation

Item	North Salem	National avg.	Difference
Gasoline	$2.16	$2.24	3.7%
Tire Balancing	$41.86	$46.29	9.6%

Utilities

Item	North Salem	National avg.	Difference
All Electricity	$174.65	$165.96	5.2%
Phone	$25.68	$28.68	10.5%

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, State	Population	Cost of Living Index	National Avg.
Crawfordsville, IN	15,996	84	-16%
Bainbridge, IN	852	84	-16%
Fillmore, IN	611	84	-16%
Roachdale, IN	842	85	-15%
Ladoga, IN	1,150	85	-15%
North Salem, IN	493	88	-12%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Otho, IA	493	76	-24%
Cosmos, MN	493	86	-14%
Silverton, CO	493	100	0%
Canby, CA	493	106	6%
Montvale, VA	493	78	-22%
North Salem, IN	493	88	-12%

Source: The North Salem, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

North Salem, IN Cost of Living