Salem, IA vs Swaledale, IA
There is a significant gap in the cost of living between these two cities. Swaledale is 16.7% cheaper than Salem. With a cost index of 55 vs 64, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Swaledale to Salem should plan for substantially higher expenses across most categories.
On the housing front, median rent in Salem is $850/month compared to $604/month in Swaledale — a 41% difference. Home values follow the same pattern: Swaledale is more affordable at $55,000 median vs $75,000.
Median household income in Salem is $59,583 compared to $47,500 in Swaledale (+25.4%). 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 Salem spend roughly 17.1% of their income on rent, more than the 15.3% in Swaledale.
Climate-wise, Salem is notably warmer with an average of 51.9°F compared to 45.6°F in Swaledale. Salem receives more rainfall at 37.9" per year compared to 36.3" in Swaledale.
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Housing
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Climate
NOAA 30-year normals (1991-2020)