Red Bank, SC Cost of Living


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Red Bank cost of living score
90.4
Less expensive
9.6% lower
than the US average
1.2% higher
than the South Carolina average
Red Bank, 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.

Red Bank, SC

Housing costs in Red Bank?
A typical home costs $156,800, which is 53.6% less expensive than the national average of $338,100 and 39.7% less expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Red Bank costs $1,050 per month, which is 26.6% cheaper than the national average of $1,430 and 5.7% cheaper than the state average of $1,110.

Can I afford Red Bank?
To live comfortably in Red Bank, South Carolina, a minimum annual income of $29,880 for a family, and $37,200 for a single person is recommended.

What does A.I. say about Red Bank?
The cost of living in Red Bank, SC is relatively low compared to other cities in the area. The median home value is $118,475 and the median rent is $839, both of which are slightly lower than the national average. Additionally, groceries, health care, and utilities all cost less than the national averages. Overall, living in Red Bank is both affordable and comfortable.
   Cost of living score
     CategoriesRed BankSouth CarolinaUnited States
  90.489.3100.0
  95.895.8100
  117.4102.7100.0
  52.076.6100.0
  $156,800$259,900$338,100
  108.2%103.9%100.0%
  92.286.8100.0
  92.276.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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