Columbia, SC is a great place to live! The average rent for a two bedroom is $1,050 which is much lower than the US average of $1,430. Additionally, the grocery cost index in Columbia is 92 compared to 100 in the US, making it a very affordable place to live. There are many local companies that call Columbia home such as BlueCross and BlueShield of South Carolina, Fort Jackson Army Base, Midlands Technical College, and Palmetto Health. In conclusion, Columbia offers low rent costs and a low grocery cost index when compared to the rest of the US.
Columbia (zip 29203) has an unemployment rate of 5.2%. The US average is 6.0%.
Columbia (zip 29203) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.
Tax Rates for Columbia (zip 29203)
- The Sales Tax Rate for Columbia (zip 29203) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Columbia (zip 29203) 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 Columbia (zip 29203)
- The average income of a Columbia (zip 29203) resident is $17,775 a year. The US average is $28,555 a year.
- The Median household income of a Columbia (zip 29203) resident is $33,952 a year. The US average is $69,021 a year.