Salem, IL, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Salem stands at 90, which is 10% below the national benchmark of 100. This reduction is primarily driven by lower housing costs, which are 22% below the average. Despite this, some areas like groceries and healthcare remain close to the national average, making Salem a potentially attractive option for budget-conscious job seekers.
Salem, IL, offers a cost of living that is notably lower than the nationwide average. The housing index in Salem stands at 78, which is 22% below the national average of 100. This means that housing costs in Salem are significantly less expensive, making it an attractive option for individuals and families looking to save on their monthly expenses.
Additionally, the grocery index in Salem is 91, which is 9% below the national average. This indicates that purchasing food and household items in Salem is more affordable compared to the rest of the country. Utilities in Salem are priced at 95, which is 5% below the national average, offering another area where residents can save money. While transportation costs in Salem match the national average at 100, healthcare costs are slightly lower at 97, providing a 3% savings. Miscellaneous expenses in Salem are at 90, which is 10% lower than the national average, further contributing to the overall lower cost of living.
