Summit, SC Cost of Living


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How much do I need to live in Summit, South Carolina?
$2,850 / month
for a family, 47.2% less expensive than the national average A total of $34,200 for the year for a family.
$2,667 / month
for a single person, 44.1% less expensive than the national average A total of $32,000 for the year for a single person.

Summit cost of living score
90.4
Less expensive
9.6% lower
than the US average
1.2% higher
than the South Carolina average
Summit, South Carolina gets a BestPlaces Cost of Living score of 90.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.6% lower than the U.S. average and 1.2% lower than the average for South Carolina.

Summit, SC

Housing costs in Summit?
A typical home costs $178,800, which is 47.1% less expensive than the national average of $338,100 and 31.2% less expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Summit costs $900 per month, which is 37.1% cheaper than the national average of $1,430 and 23.3% cheaper than the state average of $1,110.

Can I afford Summit?
To live comfortably in Summit, South Carolina, a minimum annual income of $34,200 for a family, and $32,000 for a single person is recommended.

What does A.I. say about Summit?
The cost of living in Summit, SC is quite reasonable compared to other parts of the country. The median home price is around $155,000, which makes it a great place to find affordable housing. Despite its small size and rural location, Summit offers a wide variety of amenities and services for residents. Grocery stores, restaurants, and entertainment venues are all within easy reach. The tax rate is also fairly low at just 8%, making this an attractive destination for those looking to save on costs without sacrificing quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSummitSouth CarolinaUnited States
    Unlock89.3100.0
  94.5  Unlock100.0
    Unlock102.7100.0
  59.7  Unlock100.0
    Unlock$259,900$338,100
  107.5  Unlock100.0
    Unlock86.8100.0
  91.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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