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Grannis, AR vs Salem, AR

62
Grannis
Arkansas
VS
+7.9%
57
Salem
Arkansas

Salem is moderately more affordable than Grannis, with a 7.9% lower cost of living index. Grannis scores 62 compared to 57 for Salem, where the US average is 100. This difference means residents of Grannis can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Grannis is $757/month compared to $619/month in Salem — a 22% difference. Home values follow the same pattern: Salem is more affordable at $88,200 median vs $92,200.

Median household income in Grannis is $64,450 compared to $35,679 in Salem (+80.6%). While Grannis is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Grannis spend roughly 14.1% of their income on rent, less than the 20.8% in Salem.

Income & Cost

Cost of Living Index
Grannis
62
Salem
57
7% cheaper
Median Household Income
Grannis
$64,450
45% higher
Salem
$35,679

Housing

Median Rent
Grannis
$757
Salem
$619
18% cheaper
Median Home Value
Grannis
$92,200
Salem
$88,200
4% cheaper
Population
Grannis
507
Salem
1,471

Salary Equivalency Calculator

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