South Carolina Cost of Living Calculator
Compare South Carolina cost of living (index: 95). Calculate equivalent salary needed when moving to or from South Carolina.
How This Calculator Works
Calculation methodology and assumptions
This calculator compares purchasing power between locations using cost of living indices. South Carolina's cost of living index is 95 (100 = national average). The equivalent salary is calculated as: Current Salary × (Target COL / Current COL). Tax differences are also factored in to show the net financial impact of relocating.
Key State Information
South Carolina cost of living index: 95. South Carolina is close to the national average in overall cost. Median household income: $56,227. Median 2BR rent: $1080/month.
Frequently Asked Questions
What is the cost of living in South Carolina?
South Carolina's cost of living index is 95, where 100 is the national average. This means living in South Carolina costs about 5% less than the national average.
Is South Carolina expensive to live in?
South Carolina has a moderate cost of living, close to the national average. Median home price: $280,000.
How much do I need to earn in South Carolina to live comfortably?
Based on a cost of living index of 95 and the 50-30-20 budgeting rule, a comfortable salary in South Carolina would be approximately $41,040/year for a single person renting a 2BR apartment.
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