Fort Mill, SC Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Fort Mill, SC Summary

Cost of living in Fort Mill research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fort Mill is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in South Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Fort Mill is 104, with 100 being the average.

  • The cost of living index in Fort Mill is 1.0x higher than the national average.

  • Fort Mill ranks as the #84 cheapest in South Carolina out of 99.

  • Fort Mill ranks as the #3,585 cheapest out of 6,412 in the US.

  • The median home value in Fort Mill is $340,500.

  • The median income in Fort Mill is $120,665.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
104
Fort Mill's Overall Cost Of Living
1.0x
Higher Than The National Average

What is the cost of living in Fort Mill, SC?

According to the most recent data on the cost of living, Fort Mill has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.

Compared to South Carolina, Fort Mill has a cost of living index that's 1.1x higher than South Carolina's index of 96.

The standard of living in Fort Mill ranks as #84 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Fort Mill ranks as the #15 most expensive place in the Palmetto State.

For more reading on life in Fort Mill, check out:

84 out of 99
In South Carolina
3,585 out of 6,412
In America

Fort Mill Cost Of Living Vs. South Carolina

Six factors go into calculating the cost of living index in Fort Mill. Here is how it fairs on each of the criteria:

  • The Services index in Fort Mill is 104.

  • The Groceries index in Fort Mill is 102.

  • The Health index in Fort Mill is 105.

  • The Housing index in Fort Mill is 104.

  • The Transportation index in Fort Mill is 103.

  • The Utilities index in Fort Mill is 97.

Living Expense Fort Mill South Carolina National Average
Overall 104 96 100
Services 104 99 100
Groceries 102 100 100
Health 105 96 100
Housing 104 89 100
Transportation 103 90 100
Utilities 97 107 100
For more reading on cost of living around South Carolina, check out:
Fort Mill Cost of Living Vs. SC
ServicesGroceriesHealthHousingTransportationUtilities

Fort Mill, SC Housing Cost Breakdown

Housing swings affordability the most between places in South Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Fort Mill is $340,500.

  • The Median Rent in Fort Mill is $1,179.

  • The Median Income in Fort Mill is $120,665.

  • The Home Value To Income in Fort Mill is 2.8x.

  • The Rent To Monthly Income in Fort Mill is 0.12x.

Statistic Fort Mill South Carolina United States
Median Home Value $340,500 $181,800 $244,900
Median Rent $1,179 $970 $1,163
Median Income $120,665 $58,234 $69,021
Home Value To Income 2.8x 3.1x 3.5x
Rent To Monthly Income 0.12x 0.2x 0.2x
Search Homes For Sale In Fort Mill, SC
$340,500
Median Home Value
$1,179
Median Rent
$120,665
Median Income

Fort Mill, SC Costs By Category

Detailed Fort Mill Services Costs Vs. South Carolina

Item Fort Mill South Carolina
Shampoo $1.0 $1.06
Movie $10.0 $10.68
Bowling $22.35 $14.67
Haircut $16.9 $18.62
Beauty Salon $39.1 $39.05

Detailed Fort Mill Groceries Costs Vs. South Carolina

Item Fort Mill South Carolina
Ground Beef $3.88 $4.22
Fried Chicken $1.46 $1.39
Milk $1.69 $2.05
Potatoes $3.65 $3.29
Pizza $9.09 $10.62
Beer $10.42 $9.38
Toothpaste $2.27 $2.34

Detailed Fort Mill Health Costs Vs. South Carolina

Item Fort Mill South Carolina
Optometrist $119.06 $108.57
Doctor $121.12 $116.17
Dentist $112.88 $99.13

Detailed Fort Mill Transportation Costs Vs. South Carolina

Item Fort Mill South Carolina
Gasoline $2.35 $2.22
Tire Balancing $45.59 $50.07

Detailed Fort Mill Utilities Costs Vs. South Carolina

Item Fort Mill South Carolina
All Electricity $158.05 $167.67
Phone $179.94 $175.64

Fort Mill SnackAbility

9
/10
Overall SnackAbility
Jobs
9/10
Housing
8.5
Affordability
8.5
Diversity
8
Safety
8
Amenities
8
Education
9
Commute
6

Cost Of Living In Cities Around Fort Mill

The cost of living varies in the cities and towns around Fort Mill. Here's a quick look at the cost of living in the most populous nearby places:

  • Charlotte, NC has a cost of living index of 103, 1.0x Fort Mill.

  • Rock Hill, SC has a cost of living index of 96, 0.9x Fort Mill.

  • Indian Trail, NC has a cost of living index of 103, 1.0x Fort Mill.

City Population Cost Of Living Vs. Fort Mill
Charlotte, NC 864,871 103 1.0x
Rock Hill, SC 72,883 96 0.9x
Indian Trail, NC 39,603 103 1.0x
Matthews, NC 29,417 107 1.0x
Mint Hill, NC 26,236 107 1.0x
Waxhaw, NC 19,645 116 1.1x
Stallings, NC 15,932 109 1.0x
Lake Wylie, SC 13,560 117 1.1x
Weddington, NC 12,851 142 1.4x
Tega Cay, SC 12,336 117 1.1x

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