Housing costs in Salem?
A typical home costs
$68,700, which is 79.7% less expensive than the national average of
$338,100 and 69.9% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Salem costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 18.3% cheaper than the state average of
$970.
Can I afford Salem?
To live comfortably in Salem, Nebraska, a minimum annual income of
$13,320 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Salem?
Salem, NE is a relatively affordable town to live in, with the cost of living coming in at 8 percent lower than the national average. Housing costs are particularly low – the median home value is just over $111,000. Other expenses like healthcare, groceries, and utilities are also quite competitive compared to other parts of the country. The overall cost of living in Salem makes it attractive for those looking for a comfortable place to call home without breaking their budget.