Zip 29042 (Denmark, SC) Cost of Living


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United States / South Carolina / No Metro Area / Bamberg County / Denmark / Denmark (zip 29042)
How much do I need to live in Denmark, South Carolina?
$1,350 / month
for a family, 75.0% less expensive than the national average A total of $16,200 for the year for a family.
$1,733 / month
for a single person, 63.6% less expensive than the national average A total of $20,800 for the year for a single person.

Denmark cost of living score
69.9
Less expensive
30.1% lower
than the US average
21.7% lower
than the South Carolina average
Denmark (zip 29042), South Carolina gets a BestPlaces Cost of Living score of 69.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.1% lower than the U.S. average and 21.7% higher than the average for South Carolina.

Zip 29042 (Denmark, SC)

Housing costs in Denmark?
A typical home costs $84,600, which is 75.0% less expensive than the national average of $338,100 and 67.4% less expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Denmark costs $680 per month, which is 52.4% cheaper than the national average of $1,430 and 63.2% cheaper than the state average of $1,110.

Can I afford Denmark?
To live comfortably in Denmark (zip 29042), South Carolina, a minimum annual income of $16,200 for a family, and $20,800 for a single person is recommended.

What does A.I. say about Denmark?
The cost of living in 29042 Denmark, SC is very affordable. The median home value is $122,400 while the median rent is just $841 a month. Groceries and other essentials are also quite affordable, with prices for food and personal care items slightly lower than the national average. Taxes are also relatively low, with only 6% sales tax being charged on most goods and services. Additionally, utilities such as electricity and water are some of the lowest in the country due to South Carolina's large renewable energy sources. All in all, 29042 Denmark provides a great quality of life at an affordable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesDenmarkSouth CarolinaUnited States
    Unlock89.3100.0
  92.4  Unlock100.0
    Unlock102.7100.0
  24.2  Unlock100.0
    Unlock$259,900$338,100
  108.0  Unlock100.0
    Unlock86.8100.0
  68.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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