Zip 29646 (Greenwood, SC) Cost of Living


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Greenwood cost of living score
72.8
Less expensive
27.2% lower
than the US average
18.5% lower
than the South Carolina average
Greenwood (zip 29646), South Carolina gets a BestPlaces Cost of Living score of 72.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.2% lower than the U.S. average and 18.5% higher than the average for South Carolina.

Zip 29646 (Greenwood, SC)

Housing costs in Greenwood?
A typical home costs $115,300, which is 65.9% less expensive than the national average of $338,100 and 55.6% less expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Greenwood costs $840 per month, which is 24.3% cheaper than the national average of $1,110 and close to the state average of $850.

Can I afford Greenwood?
To live comfortably in Greenwood (zip 29646), South Carolina, a minimum annual income of $21,960 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Greenwood?
The cost of living in 29646 Greenwood, SC is relatively affordable compared to other areas of the United States. The median home value is approximately $121,100, which is significantly lower than the national average. Additionally, the median household income is around $37,000 which is also fairly low compared to other parts of the country. In terms of daily expenses, groceries and food costs are generally cheaper when compared to other parts of the country. Real estate taxes are considered reasonable and utility costs such as electricity and water bills are often considered competitive. All in all, 29646 Greenwood, SC offers a great quality of life at an affordable cost.
   Cost of living score
     CategoriesGreenwoodSouth CarolinaUnited States
  72.889.3100.0
  93.395.8100
  92.7102.7100.0
  34.276.6100.0
  $115,300$259,900$338,100
  95.0%103.9%100.0%
  68.786.8100.0
  81.576.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime