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Cost of living in Salem, OR vs US average (2024)

Quick answer

Prices in Salem, OR were 3.6% above the US average in 2024 (Regional Price Parity 103.6, US = 100), with a housing-rent index of 110.3, per the U.S. Bureau of Economic Analysis.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

CategoryPrice index (US = 100)
All items103.649
Goods105.261
Housing (rents)110.333
Utilities104.689
Other services100.298
— All items by year —
2024103.649
2023102.459
2022104.810
2021101.979
2020100.935
2019101.839

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Last updated 2026-10-16. Data only, not financial or tax advice.

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