CostIndexUSA

Lancaster, PA vs Salem, OR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordablePA
Lancaster
98.3
overall index
$1,500/mo rent
OR
Salem
103.6
overall index
$1,675/mo rent

Lancaster is moderately cheaper than Salem — 5.4% lower overall cost of living.

To match an $80,000 salary in Lancaster, you would need $84,300 in Salem. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+17.6%
Lancaster
93.8
Salem
110.3
🛒 Groceries+4.6%
Lancaster
100.7
Salem
105.3
🚗 Transportation+2.6%
Lancaster
102.6
Salem
105.3
🏥 Healthcare+2.7%
Lancaster
92.8
Salem
95.3
Utilities2.4%
Lancaster
107.3
Salem
104.7

Salary Equivalency Calculator

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

$
Equivalent salary in Salem, OR
$84,300
$4,300 more needed in Salem

Formula: salary × (103.6 ÷ 98.3) = salary × 1.0539. Based on BEA Regional Price Parities.

Housing Market

Lancaster, PA

Median Home Price
$372,000
Median Monthly Rent
$1,500
Housing Index
93.8
Price-to-Rent Ratio
20.7×

Salem, OR

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

Salem has 17.6% higher housing costs compared to Lancaster.

Income & Job Market

Lancaster, PA

Median Household Income
$80,100
Per Capita Income
$45,700
Unemployment Rate
3.2%
Population
59,322
Top Industries
HealthcareManufacturingRetailTourismAgriculture

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).

Lancaster, PA
4.5×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.