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Salem, NC vs Walkertown, NC

68
Salem
North Carolina
VS
-24.6%
90
Walkertown
North Carolina

There is a significant gap in the cost of living between these two cities. Salem is 24.6% cheaper than Walkertown. With a cost index of 68 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Salem to Walkertown should plan for substantially higher expenses across most categories.

On the housing front, median rent in Salem is $772/month compared to $1,283/month in Walkertown — a 40% difference. Home values follow the same pattern: Salem is more affordable at $159,300 median vs $230,800.

Median household income in Salem is $66,653 compared to $80,761 in Walkertown (-17.5%). The higher salaries in Walkertown partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Salem spend roughly 13.9% of their income on rent, less than the 19.1% in Walkertown.

Income & Cost

Cost of Living Index
Salem
68
25% cheaper
Walkertown
90
Median Household Income
Salem
$66,653
Walkertown
$80,761
17% higher

Housing

Median Rent
Salem
$772
40% cheaper
Walkertown
$1,283
Median Home Value
Salem
$159,300
31% cheaper
Walkertown
$230,800
Population
Salem
2,035
Walkertown
5,793

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Salem $2.97
Walkertown $2.97
US $3.07
🥚
Eggs (grade A, large)
Salem $2.42
Walkertown $2.42
US $2.50
🥛
Milk (whole)
Salem $3.90
Walkertown $3.90
US $4.03
🍞
Bread (white)
Salem $1.79
Walkertown $1.79
US $1.85
🍗
Chicken breast
Salem $4.01
Walkertown $4.01
US $4.14
Electricity
Salem $0.16
Walkertown $0.16
US $0.19