Housing costs in Spartanburg?
A typical home costs
$211,600, which is 37.4% less expensive than the national average of
$338,100 and 18.6% less expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Spartanburg costs
$1,050 per month, which is 5.4% cheaper than the national average of
$1,110 and 7.6% more than the state average of
$970.
Can I afford Spartanburg?
To live comfortably in Spartanburg (zip 29301), South Carolina, a minimum annual income of
$40,680 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Spartanburg?
Living in 29301 Spartanburg, SC is relatively affordable compared to many other areas of the country. The median home value for the area is $128,000, and the median household income is just over $44,000. Rent prices are also lower than average when compared to other cities around the country, with a one-bedroom apartment averaging only around $675 per month. Transportation costs are also quite low, with fuel prices hovering around $2.30 per gallon. The general cost of living in 29301 Spartanburg is more than 10% lower than the national average, providing a great value for those looking for an affordable place to live.