Housing costs in Cheraw?
A typical home costs
$137,700, which is 59.3% less expensive than the national average of
$338,100 and 47.0% less expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Cheraw costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 38.8% cheaper than the state average of
$1,110.
Can I afford Cheraw?
To live comfortably in Cheraw (zip 29520), South Carolina, a minimum annual income of
$26,280 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Cheraw?
The cost of living in 29520 Cheraw, SC is very affordable. According to Best Places, the cost of living index is 83.8, which is 17.2% lower than the U.S. average of 100. Housing costs are especially reasonable with a median home value in the area of $124,700 and median rent at $820 per month. Utilities such as electricity and water are also low in comparison to other areas of the country. Additionally, grocery costs for the area are 11% less than the U.S. average, making food expenses more manageable for residents in 29520 Cheraw, SC.