Zip 29581 (Nichols, SC) Cost of Living


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How much do I need to live in Nichols, South Carolina?
$2,730 / month
for a family, 49.4% less expensive than the national average A total of $32,760 for the year for a family.
$2,833 / month
for a single person, 40.6% less expensive than the national average A total of $34,000 for the year for a single person.

Nichols cost of living score
90.4
Less expensive
9.6% lower
than the US average
1.2% higher
than the South Carolina average
Nichols (zip 29581), South Carolina gets a BestPlaces Cost of Living score of 90.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.6% lower than the U.S. average and 1.2% lower than the average for South Carolina.

Zip 29581 (Nichols, SC)

Housing costs in Nichols?
A typical home costs $170,200, which is 49.7% less expensive than the national average of $338,100 and 34.5% less expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Nichols costs $980 per month, which is 11.7% cheaper than the national average of $1,110 and 11.2% cheaper than the state average of $1,090.

Can I afford Nichols?
To live comfortably in Nichols (zip 29581), South Carolina, a minimum annual income of $32,760 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Nichols?
The cost of living in 29581 Nichols, SC is relatively low compared to other cities in the region. The median home value is around $135,000, offering potential homeowners a great opportunity to purchase an affordable home. In addition, the area has a low unemployment rate and a diverse economy with strong employment opportunities. Groceries are also relatively inexpensive in the area and residents enjoy access to various shopping centers and local markets. Furthermore, with its close proximity to major airports and attractions such as Myrtle Beach, living in 29581 Nichols can provide an excellent quality of life while remaining affordable.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNicholsSouth CarolinaUnited States
    Unlock89.3100.0
  94.3  Unlock100.0
    Unlock102.7100.0
  58.9  Unlock100.0
    Unlock$259,900$338,100
  101.5  Unlock100.0
    Unlock86.8100.0
  87.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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