Cost of Living in Salem, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
80.4
100 = national avg
-19.6 vs national average
Living Wage (1 Adult)
$35,394
per year
Living Wage (Family of 4)
$83,658
per year
Cost Index by Category
Housing75.0
Food88.4
Transportation76.8
Healthcare90.7
Utilities88.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$779
per month
2 Bedroom
$973
per month
The overall cost of living index in Salem is 80.4, which is 19.6% below the national average. Housing costs are below the national average at an index of 75.0. A single adult needs to earn approximately $35,394 per year to cover basic expenses.