Cost of Living: Salem, OR vs New York, NY
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $3,939/mo in Salem, OR versus $4,116/mo in New York, NY. In the model, rent is about 19.29% of gross in Salem, OR versus 25.92% in New York, NY, so Salem, OR tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Salem, OR and New York, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Salem, OR
- Lower rent (median 1BR/2BR): Salem, OR
- Lower home prices: Salem, OR
- Higher median household income: New York, NY
Cost of Living Index
Salem, OR: 104.2 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Salem, OR has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Salem, OR: $1,257/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in New York, NY is $433/mo higher than in Salem, OR.
Median Home Price
Salem, OR: $382,400 · New York, NY: $751,700
Median home price in New York, NY is $369,300 higher than in Salem, OR.
Median Household Income
Salem, OR: $71,900 · New York, NY: $79,713
New York, NY has a higher median household income than Salem, OR by $7,813.
Salem, OR overview · New York, NY overview · Popular comparisons