CostIndexUSA

Charleston, WV vs Salem, OR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableWV
Charleston
88.7
overall index
$1,000/mo rent
OR
Salem
103.6
overall index
$1,675/mo rent

Charleston is significantly cheaper than Salem — 16.8% lower overall cost of living.

To match an $80,000 salary in Charleston, you would need $93,400 in Salem. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+114.6%
Charleston
51.4
Salem
110.3
🛒 Groceries+9.3%
Charleston
96.3
Salem
105.3
🚗 Transportation≈ Equal
Charleston
104.8
Salem
105.3
🏥 Healthcare≈ Equal
Charleston
94.8
Salem
95.3
Utilities+14.2%
Charleston
91.7
Salem
104.7

Salary Equivalency Calculator

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

$
Equivalent salary in Salem, OR
$93,400
$13,400 more needed in Salem

Formula: salary × (103.6 ÷ 88.7) = salary × 1.1680. Based on BEA Regional Price Parities.

Housing Market

Charleston, WV

Median Home Price
$143,000
Median Monthly Rent
$1,000
Housing Index
51.4
Price-to-Rent Ratio
11.9×

Salem, OR

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

Salem has 114.6% higher housing costs compared to Charleston.

Income & Job Market

Charleston, WV

Median Household Income
$55,400
Per Capita Income
$31,600
Unemployment Rate
5.1%
Population
47,068
Top Industries
GovernmentHealthcareEnergyFinanceEducation

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).

Charleston, WV
4.6×income-to-rent ratio

78% 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.