Cost of Living in Salem, NE
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.9
100 = national avg
-21.1 vs national average
Living Wage (1 Adult)
$34,729
per year
Living Wage (Family of 4)
$82,086
per year
Cost Index by Category
Housing23.8
Food85.6
Transportation204.1
Healthcare88.5
Utilities76.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$732
per month
2 Bedroom
$961
per month
The overall cost of living index in Salem is 78.9, which is 21.1% below the national average. Housing costs are below the national average at an index of 23.8. A single adult needs to earn approximately $34,729 per year to cover basic expenses.