Housing costs in Lake City?
A typical home costs
$107,300, which is 68.3% less expensive than the national average of
$338,100 and 58.7% less expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Lake City costs
$780 per month, which is 29.7% cheaper than the national average of
$1,110 and 14.1% cheaper than the state average of
$890.
Can I afford Lake City?
To live comfortably in Lake City (zip 29560), South Carolina, a minimum annual income of
$20,520 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Lake City?
The cost of living in 29560 Lake City, SC is quite affordable. The area is generally considered to be a small town with low housing costs and taxes, making it an attractive place for those looking to settle down. In addition, groceries and other essential items are much cheaper than in larger cities. The overall cost of living here is 11% lower than the national average, which is great news for potential residents looking for an affordable quality of life.