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Lakewood, WA vs Salem, OR: Cost of Living Comparison

Salem has the lower overall cost of living. (100 = US national average)

Category-by-Category Comparison

Category Lakewood Salem Cheaper
Overall cost of living 110 105 Salem
Housing 121 ($1,022) 110 ($926) Salem
Transportation 103 ($3.50) 103 ($3.50) Tie
Food & groceries 94 ($385) 96 ($394) Lakewood
Utilities 111 ($218) 105 ($198) Salem
Healthcare 111 ($157) 105 ($143) Salem
Median annual wage 130 ($62,990) 118 ($57,000) Salem

Index 100 = US national average. Lower = cheaper. For wage, higher = better.

Frequently Asked Questions

Is Lakewood, WA or Salem, OR cheaper to live in?

Salem, OR is cheaper overall by about 5 index points (Lakewood, WA: 110, Salem, OR: 105; 100 = US national average).

What salary do I need in Lakewood, WA vs Salem, OR?

A single adult needs roughly $38,500/year in Lakewood, WA and $36,750/year in Salem, OR to cover basic living costs.

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