Cost of Living in South Carolina

Updated November 2026 · population 5,296,225

Cost index (US = 100)
93.7
Cheaper than the US average
State rank
#33 of 51
1 = most expensive · all states
Monthly budget
$2,528
single · $4,762 family of 4
Modelled, state-average prices
Median rent
$1,180
home value $259,000

South Carolina prices are 6.3% below the US average (index 93.7), ranking 33rd most expensive of 51 states and DC; housing is the biggest saving at 80.5, and a single adult's modelled budget at state-average prices is about $2,528 a month.

Prices by category

South Carolina price index by category, US average = 100: All items 93.7, Housing (rents) 80.5, Goods 96.3, Utilities 88.3, Other services 98.3

Cheaper than US average More expensive · BEA RPP 2024, state level
AreaAll items
South Carolina (whole state)93.7
Metropolitan areas of South Carolina94.8
Nonmetropolitan areas of South Carolina86.2

Cities in South Carolina

Select a column heading to sort.

Charleston 154,338 101.9 $3,096 $5,873 $1,722 $509,700
Columbia 139,643 94.1 $2,565 $4,903 $1,204 $264,300
North Charleston 119,913 98.1 $2,777 $5,228 $1,430 $302,200
Mount Pleasant 93,993 107.6 $3,380 $6,252 $2,159 $748,500
Rock Hill 75,259 95.4 $2,724 $4,987 $1,341 $295,100
Greenville 72,935 95.3 $2,699 $5,210 $1,312 $487,500
Summerville 51,654 99.4 $2,693 $5,513 $1,526 $328,100
Spartanburg 38,910 92.7 $2,403 $4,653 $1,099 $203,700
Myrtle Beach 38,371 94.9 $2,757 $4,972 $1,261 $388,800
Bluffton 33,157 105.2 $3,491 $6,368 $2,256 $492,100
Anderson 30,051 91.2 $2,281 $4,725 $975 $218,200
Beaufort 13,747 93.3 $2,572 $4,970 $1,212 $345,400

Metro areas in South Carolina

Metro areaAll itemsHousing
Charleston-North Charleston, SC101.0119.8
Hilton Head Island-Bluffton-Port Royal, SC98.0101.2
Charlotte-Concord-Gastonia, NC-SC97.397.6
Columbia, SC93.779.5
Myrtle Beach-Conway-North Myrtle Beach, SC93.683.1
Greenville-Anderson-Greer, SC93.376.8
Augusta-Richmond County, GA-SC91.970.6
Spartanburg, SC91.168.0
Sumter, SC88.060.8
Florence, SC86.852.4

BEA Regional Price Parities 2024 for metropolitan statistical areas that include part of South Carolina.

Modelled monthly budget at South Carolina average prices

1 adult · 1-bedroom · modelled estimate for South Carolina (state average)

CategoryPer monthPer yearShare
Housing (rent) $911 $10,932 36%
Utilities $255 $3,060 10%
Food at home $272 $3,264 11%
Transportation $583 $6,996 23%
Health care $345 $4,140 14%
Clothing, personal care & supplies $162 $1,944 6%
Total$2,528$30,336100%

2 adults · 2-bedroom · modelled estimate for South Carolina (state average)

CategoryPer monthPer yearShare
Housing (rent) $940 $11,280 24%
Utilities $403 $4,836 10%
Food at home $502 $6,024 13%
Transportation $1,154 $13,848 29%
Health care $640 $7,680 16%
Clothing, personal care & supplies $319 $3,828 8%
Total$3,958$47,496100%

2 adults + 2 children · 3-bedroom · modelled estimate for South Carolina (state average)

CategoryPer monthPer yearShare
Housing (rent) $1,015 $12,180 21%
Utilities $491 $5,892 10%
Food at home $715 $8,580 15%
Transportation $1,533 $18,396 32%
Health care $597 $7,164 13%
Clothing, personal care & supplies $411 $4,932 9%
Total$4,762$57,144100%

state figures Rents are Census ACS state medians by bedrooms. See the methodology.

Electricity and gas and inflation

Residential electricity

15.76¢/kWh, August 2026

12-month change +4.0% · US 18.16¢

Aug 2025: 15.16¢/kWh Sep 2025: 15.51¢/kWh Oct 2025: 15.82¢/kWh Nov 2025: 15.68¢/kWh Dec 2025: 14.94¢/kWh Jan 2026: 15.41¢/kWh Feb 2026: 16.15¢/kWh Mar 2026: 16.46¢/kWh Apr 2026: 17.06¢/kWh May 2026: 16.18¢/kWh Jun 2026: 15.55¢/kWh Jul 2026: 15.47¢/kWh Aug 2026: 15.76¢/kWh

Regular gasoline regional figure: Lower Atlantic (PADD 1C)

$3.69/gal, week of 2026-11-02

12-month change +30.9% · US $4.15

2026-05-11: $4.176/gal 2026-05-18: $4.120/gal 2026-05-25: $4.151/gal 2026-06-01: $3.932/gal 2026-06-08: $3.763/gal 2026-06-15: $3.725/gal 2026-06-22: $3.582/gal 2026-06-29: $3.605/gal 2026-07-06: $3.562/gal 2026-07-13: $3.642/gal 2026-07-20: $3.791/gal 2026-07-27: $3.867/gal 2026-08-03: $3.788/gal 2026-08-10: $3.749/gal 2026-08-17: $3.730/gal 2026-08-24: $3.785/gal 2026-08-31: $3.783/gal 2026-09-07: $3.860/gal 2026-09-14: $4.041/gal 2026-09-21: $4.163/gal 2026-09-28: $4.195/gal 2026-10-05: $3.959/gal 2026-10-12: $3.929/gal 2026-10-19: $3.860/gal 2026-10-26: $3.832/gal 2026-11-02: $3.695/gal

Consumer prices in the South region rose +3.4% over the 12 months to September 2026 (US +3.7%; BLS CPI-U).

Price level history

Year201920202021202220232024
South Carolina91.590.993.693.393.593.7

Change over the period: +2.3 points. Each year is measured relative to that year's US average.

Frequently asked questions

Is South Carolina an expensive state to live in?

South Carolina has a cost of living index of 93.7 (US = 100), 6.3% below the US average. It ranks 33rd of 51 (1 = most expensive). Housing is 80.5 (rank 31), goods 96.3, utilities 88.3 and other services 98.3. Source: BEA Regional Price Parities 2024.

How much does it cost to live in South Carolina?

At South Carolina state-average prices, our modelled monthly budget is $2,528 for a single adult, $3,958 for a couple and $4,762 for a family of four, before taxes and child care. Costs vary widely within the state: metro areas average 94.8 and nonmetro areas 86.2.

What is the median rent and home value in South Carolina?

The median gross rent in South Carolina is $1,180 a month and the median home value is $259,000 (Census ACS 2020-2024). The typical renter spends 31.1% of income on rent.

Sources

Budgets are modelled estimates, not observed spending. Not financial advice. Methodology