CostIndexUSA

Asheville, NC vs Salem, OR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNC
Asheville
96.5
overall index
$1,750/mo rent
OR
Salem
103.6
overall index
$1,675/mo rent

Asheville is moderately cheaper than Salem — 7.4% lower overall cost of living.

To match an $80,000 salary in Asheville, you would need $85,900 in Salem. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+18.1%
Asheville
93.4
Salem
110.3
🛒 Groceries+9.0%
Asheville
96.6
Salem
105.3
🚗 Transportation+2.1%
Asheville
103.1
Salem
105.3
🏥 Healthcare+2.1%
Asheville
93.3
Salem
95.3
Utilities+18.2%
Asheville
88.6
Salem
104.7

Salary Equivalency Calculator

Enter your current salary in Asheville to see what you'd need to earn in Salem to maintain the same purchasing power.

$
Equivalent salary in Salem, OR
$85,900
$5,900 more needed in Salem

Formula: salary × (103.6 ÷ 96.5) = salary × 1.0736. Based on BEA Regional Price Parities.

Housing Market

Asheville, NC

Median Home Price
$413,000
Median Monthly Rent
$1,750
Housing Index
93.4
Price-to-Rent Ratio
19.7×

Salem, OR

Median Home Price
$442,000
Median Monthly Rent
$1,675
Housing Index
110.3
Price-to-Rent Ratio
22.0×

Salem has 18.1% higher housing costs compared to Asheville.

Income & Job Market

Asheville, NC

Median Household Income
$67,800
Per Capita Income
$38,600
Unemployment Rate
3.1%
Population
92,452
Top Industries
TourismHealthcareTechnologyArtsManufacturing

Salem, OR

Median Household Income
$74,600
Per Capita Income
$42,500
Unemployment Rate
5.1%
Population
174,365
Top Industries
GovernmentHealthcareManufacturingRetailAgriculture

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Asheville, NC
3.2×income-to-rent ratio

69% of income left after rent (median)

Salem, OR
3.7×income-to-rent ratio

73% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.