Housing costs in Salem?
A typical home costs
$190,900, which is 43.5% less expensive than the national average of
$338,100 and 53.8% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Salem costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 79.8% cheaper than the state average of
$1,960.
Can I afford Salem?
To live comfortably in Salem (zip 12865), New York, a minimum annual income of
$36,720 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Salem?
The cost of living in Salem, NY 12865 is relatively affordable compared to other locations in the United States. According to the most recent data available, housing costs are 4% lower than the national average, and groceries, healthcare, and transportation costs are all well below the national average. The median home price in Salem is $183,600, which is significantly lower than many other places. Additionally, utilities are very affordable with electric prices around 10% below the national average. Furthermore, salaries in Salem tend to be higher than the national median wage making it easier for residents to afford their daily expenses and enjoy a high quality of life.