Housing costs in Wallace?
A typical home costs
$65,500, which is 80.6% less expensive than the national average of
$338,100 and 74.8% less expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Wallace costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 56.3% cheaper than the state average of
$1,110.
Can I afford Wallace?
To live comfortably in Wallace, South Carolina, a minimum annual income of
$12,600 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Wallace?
The cost of living in Wallace, SC is relatively affordable compared to many other areas. The median home price is around $115,000, which is significantly cheaper than the national average of $200,000. In addition, the average rent for a one-bedroom apartment is approximately $500 per month. Food and entertainment costs are also below the national average, making it easier for residents to stretch their budget further. Furthermore, local taxes are low and there are no state income taxes in South Carolina. All these factors make Wallace an attractive place to live for those on a budget or looking to save some money.