Cost of living in Greenville 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 Greenville 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 Greenville is 106, with 100 being the average.
The cost of living index in Greenville is 1.1x higher than the national average.
Greenville ranks as the #86 cheapest in South Carolina out of 99.
Greenville ranks as the #3,772 cheapest out of 6,412 in the US.
The median home value in Greenville is $349,300.
The median income in Greenville is $60,388.
According to the most recent data on the cost of living, Greenville has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to South Carolina, Greenville has a cost of living index that's 1.1x higher than South Carolina's index of 96.
The standard of living in Greenville ranks as #86 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Greenville ranks as the #13 most expensive place in the Palmetto State.
For more reading on life in Greenville, check out:
Six factors go into calculating the cost of living index in Greenville. Here is how it fairs on each of the criteria:
The Services index in Greenville is 98.
The Groceries index in Greenville is 103.
The Health index in Greenville is 98.
The Housing index in Greenville is 117.
The Transportation index in Greenville is 97.
The Utilities index in Greenville is 95.
Living Expense | Greenville | South Carolina | National Average | |
---|---|---|---|---|
Overall | 106 | 96 | 100 | |
Services | 98 | 99 | 100 | |
Groceries | 103 | 100 | 100 | |
Health | 98 | 96 | 100 | |
Housing | 117 | 89 | 100 | |
Transportation | 97 | 90 | 100 | |
Utilities | 95 | 107 | 100 |
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 Greenville is $349,300.
The Median Rent in Greenville is $1,078.
The Median Income in Greenville is $60,388.
The Home Value To Income in Greenville is 5.8x.
The Rent To Monthly Income in Greenville is 0.21x.
Statistic | Greenville | South Carolina | United States |
---|---|---|---|
Median Home Value | $349,300 | $181,800 | $244,900 |
Median Rent | $1,078 | $970 | $1,163 |
Median Income | $60,388 | $58,234 | $69,021 |
Home Value To Income | 5.8x | 3.1x | 3.5x |
Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Item | Greenville | South Carolina |
---|---|---|
Shampoo | $1.04 | $1.06 |
Movie | $12.2 | $10.68 |
Bowling | $15.55 | $14.67 |
Haircut | $21.58 | $18.62 |
Beauty Salon | $51.88 | $39.05 |
Item | Greenville | South Carolina |
---|---|---|
Ground Beef | $4.78 | $4.22 |
Fried Chicken | $1.27 | $1.39 |
Milk | $1.99 | $2.05 |
Potatoes | $4.05 | $3.29 |
Pizza | $10.17 | $10.62 |
Beer | $10.15 | $9.38 |
Toothpaste | $2.26 | $2.34 |
Item | Greenville | South Carolina |
---|---|---|
Optometrist | $99.73 | $108.57 |
Doctor | $92.16 | $116.17 |
Dentist | $99.94 | $99.13 |
Item | Greenville | South Carolina |
---|---|---|
Gasoline | $1.96 | $2.22 |
Tire Balancing | $56.25 | $50.07 |
Item | Greenville | South Carolina |
---|---|---|
All Electricity | $153.67 | $167.67 |
Phone | $182.81 | $175.64 |
The cost of living varies in the cities and towns around Greenville. Here's a quick look at the cost of living in the most populous nearby places:
Greer, SC has a cost of living index of 92, 0.9x Greenville.
Mauldin, SC has a cost of living index of 94, 0.9x Greenville.
Taylors, SC has a cost of living index of 92, 0.9x Greenville.
City | Population | Cost Of Living | Vs. Greenville |
---|---|---|---|
Greer, SC | 35,151 | 92 | 0.9x |
Mauldin, SC | 24,735 | 94 | 0.9x |
Taylors, SC | 23,348 | 92 | 0.9x |
Simpsonville, SC | 23,190 | 94 | 0.9x |
Easley, SC | 22,643 | 91 | 0.9x |
Wade Hampton, SC | 20,879 | 94 | 0.9x |
Five Forks, SC | 19,158 | 113 | 1.1x |
Gantt, SC | 14,790 | 89 | 0.8x |
Parker, SC | 13,019 | 85 | 0.8x |
Fountain Inn, SC | 10,237 | 91 | 0.9x |