CostIndexUSA

Las Cruces, NM vs Salem, OR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNM
Las Cruces
90.2
overall index
$1,375/mo rent
OR
Salem
103.6
overall index
$1,675/mo rent

Las Cruces is moderately cheaper than Salem — 14.9% lower overall cost of living.

To match an $80,000 salary in Las Cruces, you would need $91,900 in Salem. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+75.1%
Las Cruces
63
Salem
110.3
🛒 Groceries+9.6%
Las Cruces
96.1
Salem
105.3
🚗 Transportation+1.7%
Las Cruces
103.5
Salem
105.3
🏥 Healthcare+1.8%
Las Cruces
93.6
Salem
95.3
Utilities+34.4%
Las Cruces
77.9
Salem
104.7

Salary Equivalency Calculator

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

$
Equivalent salary in Salem, OR
$91,900
$11,900 more needed in Salem

Formula: salary × (103.6 ÷ 90.2) = salary × 1.1486. Based on BEA Regional Price Parities.

Housing Market

Las Cruces, NM

Median Home Price
$282,000
Median Monthly Rent
$1,375
Housing Index
63
Price-to-Rent Ratio
17.1×

Salem, OR

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

Salem has 75.1% higher housing costs compared to Las Cruces.

Income & Job Market

Las Cruces, NM

Median Household Income
$56,500
Per Capita Income
$32,200
Unemployment Rate
5.6%
Population
111,385
Top Industries
EducationGovernmentHealthcareMilitaryRetail

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).

Las Cruces, NM
3.4×income-to-rent ratio

71% 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.