Housing costs in Florence?
A typical home costs
$114,900, which is 66.0% less expensive than the national average of
$338,100 and 55.8% less expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Florence costs
$800 per month, which is 27.9% cheaper than the national average of
$1,110 and 11.3% cheaper than the state average of
$890.
Can I afford Florence?
To live comfortably in Florence (zip 29506), South Carolina, a minimum annual income of
$21,960 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Florence?
The cost of living in Florence, SC (29506) is quite affordable compared to many other areas. The median home price for the area is around $124,000, which is considerably lower than the national median. Renting a one-bedroom apartment averages just over $650 per month and utilities are very reasonable. Groceries and other items are also fairly priced, allowing residents to enjoy the best that life has to offer without breaking the bank. The area also boasts great school options and plenty of amenities and activities to enjoy for all ages. All of these factors make Florence an attractive place to live with a reasonable cost of living.