Cost of Living in Salem city, VA
What does it cost to live in Salem city? Income, housing, and affordability breakdown.
Median Income
$68,402
Median Rent
$1,053/mo
Median Home
$231,900
Affordability
397
Housing Cost Breakdown
Owning (20% down, 6.5%)
Renting
Living in Salem city, Virginia
Salem city has a median household income of $68,402 with housing costs that represent 25.2% of income for owners and 18.5% for renters. Housing costs are within the recommended 30% of income threshold.
The affordability index of 397 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.
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