
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.