St. Andrews, SC is an attractive place to live, with cheaper rent than the US average. At $1,220 a month for a 2 bedroom rental property, people can save money on their cost of living and enjoy all that St. Andrews has to offer. Groceries also come at a lower cost in St. Andrews as compared to other parts of the US with the grocery Cost Index being 95 versus 100 nationally. The area is home to several major companies like Walgreens, Dollar General and Publix Super Markets which have helped boost economic growth in St. Andrews. With its vibrant local economy and more affordable cost of living than many other places in the US, St. Andrews is an excellent destination for those looking for a place to call home.
St. Andrews has an unemployment rate of 4.9%. The US average is 6.0%.
St. Andrews has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for St. Andrews
- The Sales Tax Rate for St. Andrews is 8.0%. The US average is 7.3%.
- The Income Tax Rate for St. Andrews is 7.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for St. Andrews
- The average income of a St. Andrews resident is $23,489 a year. The US average is $37,638 a year.
- The Median household income of a St. Andrews resident is $39,732 a year. The US average is $69,021 a year.