Cost of Living in Salem, AR
Population: 2,727 | Arkansas
Salem is 13% less expensive than the national average.
Cost of Living in Salem, AR: What You Need to Know
With a cost of living index of 87, Salem, AR is a very affordable place to live. Living here is 13% cheaper than the national average and 17% above the Arkansas state average of 70. Salem is a small community of 2,727 residents.
The median household income in Salem is $79,692, which is 6% higher than the national median of $75,149.
Everyday prices in the Little Rock-North Little Rock-Conway, AR (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $79,692
- vs US Median ($75,149)
- +6%
Housing
- Median Home Value
- $192,000
- Median Monthly Housing Cost
- $948/mo
Everyday Prices in Salem
BLS Average Prices for the Little Rock-North Little Rock-Conway, AR (Metropolitan Statistical Area) area