Cost of Living in Salem, OR
Salem has a cost of living index of 105 (100 = national average), making it close to the national average. The median household income is $55,163 and the median home price is $380,000.
Compare Locations
Your current annual gross salary
Your current monthly rent or mortgage payment
Select two states and enter your salary to compare costs
Salem at a Glance
Population
178,500
Cost of Living Index
105
Median Income
$55,163
Median Home Price
$380,000
Property Tax Rate
0.98%
Sales Tax Rate
0.00%
Rent Index
95
State
Oregon
Living in Salem
Salem has a cost of living slightly above the national average. While housing at $380,000 is a significant expense, the area offers a balance between cost and quality of life.
The combined sales tax rate in Salem is 0.00%, and the effective property tax rate is 0.98%. Property taxes are close to the national average.