Salem, OH 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, Ohio

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 Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

82 Cost of living index 0.8x lower vs US
#15 Cheapest in Ohio (of 284)
#102 Cheapest in the U.S. (of 6,489)
$181,905 Median home value
$763 Median rent
$47,073 Median income
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What is the cost of living in Salem, OH?

According to the most recent data on the cost of living, Salem has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.

Compared to Ohio, Salem has a cost of living index that's 0.9x lower than Ohio's index of 90.

The standard of living in Salem ranks as #15 most affordable out of the 284 places we measured in Ohio. By definition, that implies Salem ranks as the #269 most expensive place in the Buckeye State.

For more reading on life in Salem, check out:

Salem Cost Of Living Vs. Ohio

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 97.

  • The Groceries index in Salem is 95.

  • The Health index in Salem is 58.

  • The Housing index in Salem is 95.

  • The Transportation index in Salem is 95.

  • The Utilities index in Salem is 95.

Living Expense Salem Ohio National Average
Overall 82 90 100
Services 97 97 100
Groceries 95 97 100
Health 58 75 100
Housing 95 97 100
Transportation 95 95 100
Utilities 95 97 100

Salem Cost Of Living Compared To Ohio Averages

Services
Salem 97
Ohio avg 97
Groceries
Salem 95
Ohio avg 97
Health
Salem 58
Ohio avg 75
Housing
Salem 95
Ohio avg 97
Transportation
Salem 95
Ohio avg 95
Utilities
Salem 95
Ohio avg 97

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

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

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

Salem, OH Housing Cost Breakdown

$181,905Median Home Value
$763Median Rent
$47,073Median Income

Housing swings affordability the most between places in Ohio, 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 $181,905.

  • The Median Rent in Salem is $763.

  • The Median Income in Salem is $47,073.

  • The Home Value To Income in Salem is 3.9x.

  • The Rent To Monthly Income in Salem is 0.19x.

Statistic Salem Ohio United States
Median Home Value $181,905 $242,141 $332,700
Median Rent $763 $1,034 $1,413
Median Income $47,073 $71,389 $80,734
Home Value To Income 3.9x 3.4x 4.1x
Rent To Monthly Income 0.19x 0.17x 0.21x

Salem, OH Costs By Category

Detailed Salem Services costs vs. Ohio
Item Salem Ohio
Shampoo $1.39 $1.28
Movie $11.77 $12.13
Bowling $16.24 $18
Haircut $23.73 $24.26
Beauty Salon $40.4 $45.56
Detailed Salem Groceries costs vs. Ohio
Item Salem Ohio
Ground Beef $5.7 $5.84
Fried Chicken $1.41 $1.57
Milk $4.52 $4.67
Potatoes $5.47 $4.93
Pizza $12.83 $12.09
Beer $10.58 $10.41
Toothpaste $3.72 $3.7
Detailed Salem Health costs vs. Ohio
Item Salem Ohio
Optometrist $109.26 $125.68
Doctor $100.92 $135.78
Dentist $110.5 $113.29
Detailed Salem Transportation costs vs. Ohio
Item Salem Ohio
Gasoline $3.73 $3.46
Tire Balancing $64.05 $59.92
Detailed Salem Utilities costs vs. Ohio
Item Salem Ohio
All Electricity $270.68 $193.99
Phone $196.77 $192.25

Salem SnackAbility

4Overall SnackAbility
Jobs 4/10
Housing 4/10
Affordability 8/10
Diversity 5/10
Safety 6/10
Amenities 8.5/10
Education 5/10
Commute 8.5/10

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:

  • Youngstown, OH has a cost of living index of 76, 0.9x Salem.

  • Austintown, OH has a cost of living index of 86, 1.0x Salem.

  • Alliance, OH has a cost of living index of 84, 1.0x Salem.

City Population Cost Of Living Vs. Salem
Youngstown, OH 59,331 76 0.9x
Austintown, OH 30,164 86 1.0x
Alliance, OH 21,478 84 1.0x
Struthers, OH 9,923 81 1.0x
Girard, OH 9,505 83 1.0x
Campbell, OH 7,784 80 1.0x
Canfield, OH 7,649 91 1.1x
Columbiana, OH 6,903 92 1.1x