Gadsden, SC Cost of Living


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Gadsden cost of living score
87.4
Less expensive
12.6% lower
than the US average
2.1% lower
than the South Carolina average
Gadsden, South Carolina gets a BestPlaces Cost of Living score of 87.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.6% lower than the U.S. average and 2.1% higher than the average for South Carolina.

Gadsden, SC

Housing costs in Gadsden?
A typical home costs $119,400, which is 64.7% less expensive than the national average of $338,100 and 54.1% less expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Gadsden costs $1,090 per month, which is 23.8% cheaper than the national average of $1,430 and close to the state average of $1,110.

Can I afford Gadsden?
To live comfortably in Gadsden, South Carolina, a minimum annual income of $23,040 for a family, and $38,400 for a single person is recommended.

What does A.I. say about Gadsden?
The cost of living in Gadsden, SC is relatively low compared to other areas in the United States. According to the data provided by BestPlaces, a cost of living index calculator, Gadsden has an overall index score of 63.5, which is far lower than many other cities throughout the nation. The housing costs are particularly attractive; with an index score of 43.1, Gadsden’s housing costs are over 20 points lower than the national average. In addition to housing costs, all other categories such as groceries, transportation and entertainment rank similarly below national averages. This allows residents to stretch their budget further while still having access to the amenities they need for day-to-day life.
   Cost of living score
     CategoriesGadsdenSouth CarolinaUnited States
  87.489.3100.0
  93.295.8100
  115.3102.7100.0
  34.976.6100.0
  $119,400$259,900$338,100
  107.7%103.9%100.0%
  86.686.8100.0
  93.276.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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