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Bismarck, MO vs Salem, MO

62
Bismarck
Missouri
VS
+6.2%
58
Salem
Missouri

Salem is moderately more affordable than Bismarck, with a 6.2% lower cost of living index. Bismarck scores 62 compared to 58 for Salem, where the US average is 100. This difference means residents of Bismarck can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bismarck is $683/month compared to $593/month in Salem — a 15% difference. Home values follow the same pattern: Salem is more affordable at $97,200 median vs $108,000.

Median household income in Bismarck is $41,550 compared to $39,200 in Salem (+6%). The higher salaries in Bismarck partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bismarck spend roughly 19.7% of their income on rent, more than the 18.2% in Salem.

Income & Cost

Cost of Living Index
Bismarck
62
Salem
58
6% cheaper
Median Household Income
Bismarck
$41,550
6% higher
Salem
$39,200

Housing

Median Rent
Bismarck
$683
Salem
$593
13% cheaper
Median Home Value
Bismarck
$108,000
Salem
$97,200
10% cheaper
Population
Bismarck
1,560
Salem
4,673

Salary Equivalency Calculator

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