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Cost of Living in Salem, MA

138.1
Expensive · National average is 100

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$79,196
Median Income
$1,678/mo
Median Rent
$464,200
Median Home
44,541
Population

Cost Breakdown

🏠Housing
131.7
0Nat'l Avg (100)200
🛒Groceries
141
0Nat'l Avg (100)200
🚗Transportation
135.8
0Nat'l Avg (100)200
🏥Healthcare
121.3
0Nat'l Avg (100)200
⚡Utilities
137.5
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$1,309
est.
$1,477
est.
$1,678$2,148
est.
$2,450
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Salem with cities in the area

Lynn, MA
Expensive
130.4
Beverly, MA
Expensive
149.5
Peabody, MA
Expensive
147.1
Revere, MA
Expensive
148.3
Winthrop Town, MA
Very Expensive
155.3
Melrose, MA
Very Expensive
176.2
Compare Salem vs LynnCompare Salem vs BeverlyCompare Salem vs Peabody