Memphis, Tennessee vs. Lake City, South Carolina

Cost of Living Comparison

The cost of living in Lake City, South Carolina is 7.2% cheaper than Memphis, Tennessee.

You would need a salary of $46,387 in Lake City, South Carolina to maintain the standard of living you have in Memphis, Tennessee.
Comparison highlights
• Overall, Lake City, South Carolina is cheaper than Memphis, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
27% cheaper in Lake City
than in Memphis, Tennessee
Memphis, TN vs. Lake City, SC
Compared to Memphis, Lake City is:
  Homeowner
      No Child Care, Taxes not Considered
  7.2% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  1.5% lower
  Housing (Homeowner)
  22.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  4.2% higher
  Commute
  10.4% lower
  Health
  1.0% higher
  Taxes
  Childcare
  Personal
  9.1% higher