GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cost Of Living In South Carolina

The average cost of living in South Carolina is slightly lower than the national average, with housing costs being the most significant factor.

In this post, we will explore the average cost of living in South Carolina by examining various key statistics related to expenses such as childcare, housing, utilities, transportation, dining, and more. Understanding the average costs in different aspects of daily life can provide valuable insights for residents and potential newcomers looking to manage their budgets effectively in the state.

Statistic 1

"Childcare costs in South Carolina average about $750 per month."

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Statistic 2

"The cost of internet services in South Carolina averages $60 per month."

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Statistic 3

"Utilities in South Carolina cost around $140 per month on average."

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Statistic 4

"The average cost for a gallon of gas in South Carolina is $2.75."

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Statistic 5

"The average rent for a one-bedroom apartment in South Carolina is $870 per month."

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Statistic 6

"Housing costs in South Carolina are approximately 15% lower than the national average."

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Statistic 7

"The average cost for renters insurance in South Carolina is $170 per year."

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Statistic 8

"The average electricity bill in South Carolina is $158 per month."

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Statistic 9

"The average cost of a gym membership in South Carolina is $40 per month."

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Statistic 10

"Water and sewer bills combined average $60 per month in South Carolina."

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Statistic 11

"Property taxes in South Carolina average about 0.57% of the home's assessed value."

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Statistic 12

"The annual cost to own and maintain a car in South Carolina is about $4,500."

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Statistic 13

"The average cost of dining out in South Carolina is $12 per meal."

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Statistic 14

"The average cost for home insurance in South Carolina is $1,165 per year."

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Statistic 15

"The annual tuition for in-state students at public universities in South Carolina averages $13,600."

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Statistic 16

"Monthly public transportation costs in South Carolina average $55."

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Statistic 17

"The average cost of living in South Carolina is 7% lower than the national average."

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Statistic 18

"The average annual salary in South Carolina is $43,000."

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Statistic 19

"The average cost for groceries in South Carolina is around $290 per month per person."

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Statistic 20

"Healthcare expenses in South Carolina are about 5% lower than the national average."

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In conclusion, the average cost of living in South Carolina can be seen as relatively affordable compared to the national average. Key expenses such as childcare, utilities, housing, transportation, groceries, and healthcare are generally lower in South Carolina, offering residents a cost-effective lifestyle. While specific costs vary, overall statistics suggest that South Carolina provides a more budget-friendly environment for individuals and families compared to other states.

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