Housing costs in Wallace?
A typical home costs
$68,200, which is 79.8% less expensive than the national average of
$338,100 and 73.8% less expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Wallace costs
$680 per month, which is 38.7% cheaper than the national average of
$1,110 and 14.7% cheaper than the state average of
$780.
Can I afford Wallace?
To live comfortably in Wallace (zip 29596), South Carolina, a minimum annual income of
$12,960 for a family, and
$20,800 for a single person is recommended.
What does A.I. say about Wallace?
The cost of living in 29596 Wallace, SC is very affordable. The housing market is relatively low, with the median home value being around $102,800. Utility costs are quite reasonable as well, with electricity costing an average of 11 cents per kilowatt-hour and natural gas costing about $1.28 per thousand cubic feet. The overall cost of living index for the area is 84.9, which is 14.1 points lower than the national average, making it a great option for those on a tight budget. Additionally, the local economy offers many employment opportunities and a variety of amenities for residents to enjoy such as parks, shopping centers, and entertainment venues.