Cost of Living in North Salem, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
109.8
100 = national avg
+9.8 vs national average
Living Wage (1 Adult)
$48,308
per year
Living Wage (Family of 4)
$114,182
per year
Cost Index by Category
Housing133.5
Food97.1
Transportation94.1
Healthcare97.6
Utilities104.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,267
per month
2 Bedroom
$1,473
per month
The overall cost of living index in North Salem is 109.8, which is 9.8% above the national average. Housing costs are above the national average at an index of 133.5. A single adult needs to earn approximately $48,308 per year to cover basic expenses.