Salem, IL Cost Of Living

The latest cost of living statistics for Salem. Includes statistics on rent, mortgages, healthcare, and other costs for Salem compared to the state and national averages.

Cost of living in Salem, Illinois

Cost of living in Salem research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Salem is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

87 Cost of living index 0.9x lower vs US
#43 Cheapest in Illinois (of 336)
#600 Cheapest in the U.S. (of 6,489)
$141,416 Median home value
$774 Median rent
$59,728 Median income
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What is the cost of living in Salem, IL?

According to the most recent data on the cost of living, Salem has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.

Compared to Illinois, Salem has a cost of living index that's 0.9x lower than Illinois's index of 98.

The standard of living in Salem ranks as #43 most affordable out of the 336 places we measured in Illinois. By definition, that implies Salem ranks as the #293 most expensive place in the Prairie State.

For more reading on life in Salem, check out:

Salem Cost Of Living Vs. Illinois

Six factors go into calculating the cost of living index in Salem. Here is how it fares on each of the criteria:

  • The Services index in Salem is 101.

  • The Groceries index in Salem is 98.

  • The Health index in Salem is 52.

  • The Housing index in Salem is 101.

  • The Transportation index in Salem is 101.

  • The Utilities index in Salem is 96.

Living Expense Salem Illinois National Average
Overall 87 98 100
Services 101 99 100
Groceries 98 99 100
Health 52 96 100
Housing 101 101 100
Transportation 101 99 100
Utilities 96 101 100

Salem Cost Of Living Compared To Illinois Averages

Services
Salem 101
Illinois avg 99
Groceries
Salem 98
Illinois avg 99
Health
Salem 52
Illinois avg 96
Housing
Salem 101
Illinois avg 101
Transportation
Salem 101
Illinois avg 99
Utilities
Salem 96
Illinois avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Illinois, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Salem, IL Housing Cost Breakdown

$141,416Median Home Value
$774Median Rent
$59,728Median Income

Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Salem is $141,416.

  • The Median Rent in Salem is $774.

  • The Median Income in Salem is $59,728.

  • The Home Value To Income in Salem is 2.4x.

  • The Rent To Monthly Income in Salem is 0.16x.

Statistic Salem Illinois United States
Median Home Value $141,416 $285,735 $332,700
Median Rent $774 $1,274 $1,413
Median Income $59,728 $83,390 $80,734
Home Value To Income 2.4x 3.4x 4.1x
Rent To Monthly Income 0.16x 0.18x 0.21x

Salem, IL Costs By Category

Detailed Salem Services costs vs. Illinois
Item Salem Illinois
Shampoo $1.11 $1.28
Movie $11.28 $12.13
Bowling $16.92 $18
Haircut $21.19 $24.26
Beauty Salon $40.57 $45.56
Detailed Salem Groceries costs vs. Illinois
Item Salem Illinois
Ground Beef $6.4 $5.84
Fried Chicken $1.36 $1.57
Milk $4.5 $4.67
Potatoes $5.28 $4.93
Pizza $10.84 $12.09
Beer $9.47 $10.41
Toothpaste $3.75 $3.7
Detailed Salem Health costs vs. Illinois
Item Salem Illinois
Optometrist $125.72 $125.68
Doctor $124.51 $135.78
Dentist $100.78 $113.29
Detailed Salem Transportation costs vs. Illinois
Item Salem Illinois
Gasoline $3.2 $3.46
Tire Balancing $50.0 $59.92
Detailed Salem Utilities costs vs. Illinois
Item Salem Illinois
All Electricity $133.84 $193.99
Phone $188.69 $192.25

Salem SnackAbility

5Overall SnackAbility
Jobs 5/10
Housing 4/10
Affordability 9/10
Diversity 4/10
Safety 6/10
Amenities 8/10
Education 6/10
Commute 10/10

Cost Of Living In Cities Around Salem

The cost of living varies in the cities and towns around Salem. Here's a quick look at the cost of living in the most populous nearby places:

  • Central, LA has a cost of living index of 105, 1.2x Salem.

  • Mount Vernon, IL has a cost of living index of 88, 1.0x Salem.

  • Effingham, IL has a cost of living index of 91, 1.0x Salem.

City Population Cost Of Living Vs. Salem
Central, LA 29,783 105 1.2x
Mount Vernon, IL 14,090 88 1.0x
Effingham, IL 12,342 91 1.0x
Highland, IL 10,262 96 1.1x
Mascoutah, IL 8,816 100 1.1x
Greenville, IL 7,235 88 1.0x
Hillsboro, IL 5,803 86 1.0x
Du Quoin, IL 5,726 80 0.9x
Pinckneyville, IL 5,018 83 1.0x