Spartanburg Metro Area, SC Cost of Living

0 Reviews

BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / South Carolina / Spartanburg Metro Area / Counties / Cities / Zip Codes

Spartanburg cost of living score
Less expensive
17.0% lower
than the US average
7.1% lower
than the South Carolina average
Spartanburg South Carol Metro Area, South Carolina gets a BestPlaces Cost of Living score of 83, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.0% lower than the U.S. average and 7.1% higher than the average for South Carolina.

Spartanburg Metro Area, SC

Housing costs in Spartanburg?
A typical home costs $232,300, which is 31.3% less expensive than the national average of $338,100 and 10.6% less expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Spartanburg costs $970 per month, which is 32.2% cheaper than the national average of $1,430 and 14.4% cheaper than the state average of $1,110.

Can I afford Spartanburg?
To live comfortably in Spartanburg South Carol Metro Area, South Carolina, a minimum annual income of $44,640 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Spartanburg?
The cost of living in the Spartanburg, SC Metro Area is significantly lower than the nationwide average. According to data, the median house value in Spartanburg is $232,300 which is much lower than the US average of $338,100. Additionally, the Cost of Living Index (COLI) for this region is 83 compared to a US average of 100. This means that it costs about 17% less to live in this area compared to other parts of the country. The comparatively low cost of living makes Spartanburg an attractive option for people looking to relocate or invest in real estate.
   Cost of living score
     CategoriesSpartanburgSouth CarolinaUnited States

   100=National Average

   Average Rent by Bedroom Size

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.