Georgetown, OH vs Salem, OH

Georgetown, OH and Salem, OH have a very similar cost of living, with only a 0.6% difference in their overall index. Georgetown scores 63 while Salem scores 63 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 Georgetown is $710/month compared to $771/month in Salem — a 8% difference. Home values follow the same pattern: Georgetown is more affordable at $108,900 median vs $117,400.

Median household income in Georgetown is $40,283 compared to $50,250 in Salem (-19.8%). Salem offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Georgetown spend roughly 21.2% of their income on rent, more than the 18.4% in Salem.