Laurel Bay, SC Cost of Living


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How much do I need to live in Laurel Bay, South Carolina?
$3,420 / month
for a family, 36.7% less expensive than the national average
$3,800 / month
for a single person, 20.3% less expensive than the national average

Laurel Bay cost of living score
104.3
More expensive
4.3% higher
than the US average
16.8% higher
than the South Carolina average
Laurel Bay, South Carolina gets a BestPlaces Cost of Living score of 104.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.3% higher than the U.S. average and 16.8% higher than the average for South Carolina.

Laurel Bay, SC

Housing costs in Laurel Bay?
A typical home costs $214,300, which is 36.6% less expensive than the national average of $338,100 and 17.5% less expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Laurel Bay costs $1,290 per month, which is 9.8% cheaper than the national average of $1,430 and 14.0% more than the state average of $1,110.

Can I afford Laurel Bay?
To live comfortably in Laurel Bay, South Carolina, a minimum annual income of $41,040 for a family, and $45,600 for a single person is recommended.

What does A.I. say about Laurel Bay?
The cost of living in Laurel Bay, SC is quite reasonable. The average cost of a home is around $200,000, and rent can be found for under $1,000 a month. Utilities are also relatively inexpensive compared to other areas in the country. Food prices are comparable to the national average, and there are plenty of grocery stores nearby for convenience. Property taxes are very low compared to other parts of South Carolina. All in all, Laurel Bay offers an affordable lifestyle for those who want to live close to the coast without breaking the bank.
   Cost of living score
     CategoriesLaurel BaySouth CarolinaUnited States
  104.389.3100.0
  99.395.8100
  104.7102.7100.0
  68.776.6100.0
  $214,300$259,900$338,100
  104.9103.9100
  71.986.8100.0
  95.176.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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