Salem, IN, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Salem is 92, which means it is 8% lower than the national average of 100. This index includes various aspects such as housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses. Each category shows Salem's affordability, making it an attractive option for job seekers and families looking to manage their budgets effectively.
Salem, IN, shows a cost of living index that is slightly below the nationwide average. Housing costs in Salem are 87, which means they are 13% lower than the national average. This can be a significant saving for job seekers who are budgeting for living expenses.
When looking at other categories, Salem's groceries cost 95, only 5% below the national average. Utilities in Salem are at 90, which is 10% less than the average. Transportation costs are 92, just 8% below the average. These figures suggest that Salem offers some savings in essential areas. However, healthcare costs are slightly higher, at 98, which is 2% above the national average. Overall, Salem provides a good balance with most costs being slightly lower than the national average.