Housing costs in Salem?
A typical home costs
$586,600, which is 73.5% more expensive than the national average of
$338,100 and 14.9% more expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Salem costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and close to the state average of
$1,280.
Can I afford Salem?
To live comfortably in Salem, Utah, a minimum annual income of
$112,320 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Salem?
Salem, UT is known for being an affordable place to live. The cost of living in Salem is much lower than the national average, with housing costs being especially low. In addition, other expenses such as groceries, transportation, and utilities are all well below national averages. This makes it easy for families to get by on a limited budget while still enjoying all that this charming Utah town has to offer.