Tampa-St. Petersburg-Clearwater vs Salem

Cost of living comparison based on BEA Regional Price Parities. Salem is 2.7% more expensive than Tampa-St. Petersburg-Clearwater.

2.7% more expensive

Salem, OR is 2.7% more expensive than Tampa-St. Petersburg-Clearwater, FL on BEA Regional Price Parities (overall RPP 103.6 vs 100.9). A $100,000 salary in Tampa-St. Petersburg-Clearwater buys about the same as $102,735 in Salem; the largest component gap is services.

  • Overall RPP 100.9 (Tampa-St. Petersburg-Clearwater) vs 103.6 (Salem)
  • $100k in Tampa-St. Petersburg-Clearwater ≈ $102,735 purchasing power in Salem
  • Services drives the gap (+16.2 RPP points)

RPP parity plate

Pair FL:OR 100.9→103.6

TIER-NEAR · CROSS-STATE · SPLIT-BUDGET · BOTH-ABOVE · PP-SHIFT

  • TIER-NEAR Near tier
  • CROSS-STATE FL × OR
  • SPLIT-BUDGET Split budget
  • BOTH-ABOVE Both above 100
  • PP-SHIFT PP shift

Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.

Category Breakdown

Visual Comparison

Overall
Tampa-St. Petersburg-Clearwater
100.9
Salem
103.6
Goods
Tampa-St. Petersburg-Clearwater
95.5
Salem
105.3
Services
Tampa-St. Petersburg-Clearwater
88.5
Salem
104.7
Rents
Tampa-St. Petersburg-Clearwater
125.8
Salem
110.3

Vertical line = national average (100)

What This Comparison Actually Tells You

Services creates the largest separation: Salem is 16.2 points higher. But rents move against the overall direction, so this is a split budget rather than a clean across-the-board winner.

Salem, OR is 2.7% more expensive than Tampa-St. Petersburg-Clearwater, FL, a meaningful but not extreme shift. The move decision turns on which budget category creates the 2.8-point overall gap.

Both metros exceed the U.S. benchmark of 100. The choice is between two national premiums, so local wages need to clear the higher baseline in either market.

Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.

For a service-heavy household, test childcare, health, and other locally supplied costs before relying on rent alone. The BEA ratio converts $100,000 in Tampa-St. Petersburg-Clearwater to $102,735 in Salem, but it is not a personal spending weight.

Tampa-St. Petersburg-Clearwater
100.9
Cost Index
Salem
103.6
Cost Index

Salary Equivalents

What a salary in Tampa-St. Petersburg-Clearwater would need to be in Salem for the same purchasing power:

In Tampa-St. Petersburg-Clearwater In Salem Difference
$50,000 $51,367 +$1,367
$75,000 $77,051 +$2,051
$100,000 $102,735 +$2,735
$150,000 $154,102 +$4,102
$ in Tampa-St. Petersburg-Clearwater = in Salem

Same BEA Regional Price Parity ratio as the table above (100.9 → 103.6), computed live from your number, nothing is sent anywhere.

How the Price Gap Changed

Tampa-St. Petersburg-Clearwater and Salem share 17 published annual releases from 2008 through 2024. Their overall gap narrowed, moving from 9.1 to 2.8 RPP points. Salem remained the higher-index metro in the latest release.

Services changed the most within this pair: its gap moved 25.8 points between the first and latest shared releases (9.6 to 16.2 points). This describes a relative price-index history, not a forecast or a household budget.

Release Year Tampa-St. Petersburg-Clearwater RPP Salem RPP Relative Gap
2008 103.3 94.1 9.1 points Tampa-St. Petersburg-Clearwater higher
2012 100.3 101.1 0.8 points Salem higher
2016 97.1 97.1 0.0 points Salem higher
2020 101.3 100.9 0.4 points Tampa-St. Petersburg-Clearwater higher
2024 100.9 103.6 2.8 points Salem higher

Annual BEA Regional Price Parity releases; a higher index means a higher price level relative to the national average of 100. Selected years shown from the full shared series.

Frequently Asked Questions

Is Salem more expensive than Tampa-St. Petersburg-Clearwater?

Salem is 2.7% more expensive than Tampa-St. Petersburg-Clearwater. The overall cost index is 103.6 vs 100.9 (national average = 100).

What salary in Salem equals $100K in Tampa-St. Petersburg-Clearwater?

A $100,000 salary in Tampa-St. Petersburg-Clearwater has the same purchasing power as $102,735 in Salem. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Tampa-St. Petersburg-Clearwater and Salem?

Rents in Tampa-St. Petersburg-Clearwater are indexed at 125.8 while Salem is at 110.3 (national average = 100). Tampa-St. Petersburg-Clearwater has higher rents.

Data sourced from official public datasets, Regional Price Parities (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.