Housing costs in Salem CDP (Saline County)?
A typical home costs
$209,600, which is 38.0% less expensive than the national average of
$338,100 and 15.3% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Salem CDP (Saline County) costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 12.5% more than the state average of
$840.
Can I afford Salem CDP (Saline County)?
To live comfortably in Salem CDP (Saline County), Arkansas, a minimum annual income of
$40,320 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Salem CDP (Saline County)?
The cost of living in Salem CDP, AR is quite reasonable compared to the national average. According to BestPlaces, the cost of living index for this area is 81.1, which is 19% lower than the US average. This means that groceries, housing, utilities, transportation and health care all tend to be cheaper in Salem CDP than in other parts of the country. The median home price in Salem CDP is $130,400, which is much lower than the US average of $231,200. Additionally, the average value of a two-bedroom apartment ranges from $500 - $600 per month and groceries are very affordable with an estimated monthly total cost between $150 - $250 depending on family size and dietary preferences.