Florence Metro Area, SC Cost of Living


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How much do I need to live in Florence, South Carolina?
$2,550 / month
for a family, 52.8% less expensive than the national average A total of $30,600 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Florence cost of living score
77.9
Less expensive
22.1% lower
than the US average
12.8% lower
than the South Carolina average
Florence South Carol Metro Area, South Carolina gets a BestPlaces Cost of Living score of 77.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.1% lower than the U.S. average and 12.8% higher than the average for South Carolina.

Florence Metro Area, SC

Housing costs in Florence?
A typical home costs $159,800, which is 52.7% less expensive than the national average of $338,100 and 38.5% less expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Florence costs $890 per month, which is 37.8% cheaper than the national average of $1,430 and 24.7% cheaper than the state average of $1,110.

Can I afford Florence?
To live comfortably in Florence South Carol Metro Area, South Carolina, a minimum annual income of $30,600 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Florence?
The cost of living in the Florence, SC Metro Area is 77.9 compared to the US average of 100, making it one of the most affordable places to live in the country. This is great news for potential homebuyers looking to purchase a house in this area as the median value of homes currently stands at $159,800 - much less than the national average of $338,100. Living in Florence, SC Metro Area provides a great balance between affordability and quality living that many other places cannot offer.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFlorenceSouth CarolinaUnited States
    Unlock89.3100.0
  92.8  Unlock100.0
    Unlock102.7100.0
  44.8  Unlock100.0
    Unlock$259,900$338,100
  101.1  Unlock100.0
    Unlock86.8100.0
  78.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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