How Much Money Do You Need To Live Comfortably In Salem Oregon?

The total cost of housing, food, child care, transportation, health care, taxes, and other necessities for a single adult in Salem is $34,279 a year — less than the annual cost of living for Oregon of $39,787 and less than the national figure of $38,433.

How much do you need to live comfortably in Salem Oregon?

Summary about cost of living in Salem, OR, United States: Family of four estimated monthly costs are 3,178$ without rent. A single person estimated monthly costs are 919$ without rent.

How much do you need to make to live in Salem?

Typical Expenses

1 ADULT 2 ADULTS (1 WORKING)
0 Children 1 Child
Required annual income after taxes $28,148 $53,212
Annual taxes $8,266 $15,626
Required annual income before taxes $36,414 $68,838

Is it expensive to live in Salem Oregon?

The overall cost of living in Oregon is 113. Salem is just 1.8 above the national average. At a cost of living of 101.8, Salem is quite a bit less expensive than Portland, which sits at 130.8. However, there are lots of factors to consider when you start looking into costs associated with local areas.

How much is it to live in Salem?

Salem cost of living is 123.2

COST OF LIVING Salem Massachusetts
Overall 123.2 127.2
Grocery 108 108.9
Health 83 83.7
Housing 168.3 176.4

What is a comfortable wage in Oregon?

Living Wage Calculation for Oregon

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 0 Children
Living Wage $19.51 $14.50
Poverty Wage $6.19 $4.19
Minimum Wage $12.50 $12.50

What salary do you need to live in Oregon?

According to a post today on GoBankingRates, you need to make $60,195 to “live comfortably” in Portland. And the median household income here is $53,230 (which still seemed pretty good to lots of folks we surveyed by reading the numbers aloud).

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Is it cheaper to live in Oregon OR California?

Cost of living
California is 19.3% more expensive than Oregon. The housing cost, rent, groceries, and monthly expenses – everything will cost more in CA. Housing costs 39.5% in California, transport costs 11.5% more, and the monthly grocery expense is likely to be 11.8% higher.

Is it cheaper to live in Oregon OR Arizona?

The cost of living in Phoenix, AZ is -10.4% lower than in Oregon City, OR. You would have to earn a salary of $53,781 to maintain your current standard of living.

What is the average electric bill in Salem Oregon?

On average, electricity users in Salem, OR spend about $131 per month on electricity. That adds up to $1,572 per year. That’s 17% lower than the national average electric bill of $1,892.

What is the cheapest place to live in Oregon?

The 10 Most Affordable Places to Live in Oregon

  • Springfield. Number one for affordability, this city is also highly ranked when it comes to its rivers.
  • Dallas. No; not Dallas, Texas.
  • Keizer.
  • Woodburn.
  • Eugene.
  • Coos Bay.
  • Lebanon.
  • Pendleton.

What to know before moving to Salem?

Things You Should Know Before Moving to Salem, OR

  • Salem Climate. Salem lies in the Marine West Coast climate zone, with some characteristics of a Mediterranean climate.
  • Salem Neighborhoods.
  • Registering Your Car.
  • Salem Schools.
  • Salem Employment.
  • Living Costs in the City.
  • Salem Moving Resources.
  • Salem Transportation.

Is Salem Oregon Safe?

OVERALL RISK : LOW
There’s a mixed bag of information when it comes to crime and safety. Violent crime is lower than the national average, but property crimes do top the national numbers. Those numbers shouldn’t make tourists think twice about visiting Salem. There’s a low overall risk.

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Is Salem cheaper than Portland?

Portland is 28.5% more expensive than Salem. Portland housing costs are 48.5% more expensive than Salem housing costs. Health related expenses are 0.7% more in Portland.

Is Salem Oregon a good place to live?

Salem, OR, has a lot going for it and many excellent amenities, attractions, and opportunities. It’s a wonderful town to raise a family, with a location that’s central to the Portland metro area. Salem has an exciting nightlife and just as exciting opportunities to enjoy nature and outdoor adventures.

What is the best place to live in Oregon?

Best places to live in Oregon in 2022

  1. Corvallis. Affordability: 5/10. Job market: 9/10. Safety: 8/10.
  2. Portland. Affordability: 5/10. Job market: 8/10. Safety: 7/10.
  3. Bend/Redmond. Affordability: 3/10 (Bend), 6/10 (Redmond) Job market: 7/10.
  4. Salem. Affordability: 8/10. Job market: 7/10.
  5. Eugene. Affordability: 7/10. Job market: 7/10.

What is middle class income in Oregon?

How much does a Lower Middle Class make in Oregon? As of Jul 25, 2022, the average annual pay for the Lower Middle Class jobs category in Oregon is $57,670 a year. Just in case you need a simple salary calculator, that works out to be approximately $27.73 an hour.

What is a good hourly wage in Oregon?

$14.02 is the 25th percentile. Wages below this are outliers. $39.45 is the 90th percentile.
What are Top 10 Highest Paying Cities for Hourly Rate Jobs in Oregon.

City Corvallis
Annual Salary $47,673
Monthly Pay $3,973
Weekly Pay $917
Hourly Wage $22.92

What is considered low income in Oregon?

For Portland, the United States Department of Housing and Urban Development requirement to be considered low income in 2018 for a one-person family is $45,600, and very low income is $28,500. A family of four must make no more than $65,100 to be considered low income and $40,700 to be considered very low income.

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How much money does a single person need to live comfortably?

This means a single person needs to make at least $66,434 after taxes to live comfortably. After their basic living expenses are covered, an individual could spend $19,930 on wants and set $13,287 aside for savings or debt paydown.

Why is cost of living so high in Oregon?

Transportation costs are another factor that will drive up the cost of living in Oregon. In most areas, it is the fifth most expensive state in the country. The price for gasoline, car insurance and maintenance, and public transportation all average 7% higher than the rest of the country.