Danville, WV vs Salem, WV
Danville, WV and Salem, WV have a very similar cost of living, with only a 1.7% difference in their overall index. Danville scores 54 while Salem scores 55 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Danville is $557/month compared to $570/month in Salem — a 2% difference. Home values follow the same pattern: Danville is more affordable at $77,100 median vs $77,200.
Median household income in Danville is $30,000 compared to $43,690 in Salem (-31.3%). While Salem is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Danville spend roughly 22.3% of their income on rent, more than the 15.7% in Salem.
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