Zip 84653 (Salem, UT) Cost of Living


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How much do I need to live in Salem, Utah?
$9,870 / month
for a family, 82.8% more expensive than the national average A total of $118,440 for the year for a family.
$3,733 / month
for a single person, 21.7% less expensive than the national average A total of $44,800 for the year for a single person.

Salem cost of living score
117.2
More expensive
17.2% higher
than the US average
2.6% higher
than the Utah average
Salem (zip 84653), Utah gets a BestPlaces Cost of Living score of 117.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.2% higher than the U.S. average and 2.6% lower than the average for Utah.

Zip 84653 (Salem, UT)

Housing costs in Salem?
A typical home costs $618,400, which is 82.9% more expensive than the national average of $338,100 and 21.1% more expensive than the average Utah home, at $510,600. Renting a two-bedroom unit in Salem costs $1,280 per month, which is 0.0% cheaper than the national average of $1,280 and 9.4% more than the state average of $1,160.

Can I afford Salem?
To live comfortably in Salem (zip 84653), Utah, a minimum annual income of $118,440 for a family, and $44,800 for a single person is recommended.

What does A.I. say about Salem?
The cost of living in 84653 Salem, UT is slightly above the national average. The median home price in the city is $278,800, which is more expensive than the national median home price of $231,200. Residents in this area pay an average of 3.6% higher prices for groceries than other parts of the country. On the other hand, utilities costs are considerably lower than most cities with gas and electricity costing 6.2% less than elsewhere in America. In general, housing and transportation make up a larger portion of resident's budgets compared to national averages.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSalemUtahUnited States
    Unlock114.2100.0
  97.0  Unlock100.0
    Unlock102.7100.0
  197.3  Unlock100.0
    Unlock$510,600$338,100
  94.7  Unlock100.0
    Unlock91.2100.0
  106.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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