Seven Oaks, SC Cost Of Living
Cost Of Living In Seven Oaks, SC Summary
Cost of living in Seven Oaks 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 Seven Oaks 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 Seven Oaks is 92, with 100 being the average.
The cost of living index in Seven Oaks is 0.9x lower than the national average.
Seven Oaks ranks as the #44 cheapest in South Carolina out of 99.
Seven Oaks ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Seven Oaks is $161,600.
The median income in Seven Oaks is $58,688.
Table Of Contents
Seven Oaks's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Seven Oaks, SC?
According to the most recent data on the cost of living, Seven Oaks has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to South Carolina, Seven Oaks has a cost of living index that's 1.0x lower than South Carolina's index of 96.
The standard of living in Seven Oaks ranks as #44 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Seven Oaks ranks as the #55 most expensive place in the Palmetto State.
For more reading on life in Seven Oaks, check out:
- Living In Seven Oaks
- Search Homes For Sale In Seven Oaks, SC
In South Carolina
In America
Seven Oaks Cost Of Living Vs. South Carolina
Six factors go into calculating the cost of living index in Seven Oaks. Here is how it fairs on each of the criteria:
The Services index in Seven Oaks is 92.
The Groceries index in Seven Oaks is 107.
The Health index in Seven Oaks is 73.
The Housing index in Seven Oaks is 79.
The Transportation index in Seven Oaks is 85.
The Utilities index in Seven Oaks is 127.
| Living Expense | Seven Oaks | South Carolina | National Average | |
|---|---|---|---|---|
| Overall | 92 | 96 | 100 | |
| Services | 92 | 99 | 100 | |
| Groceries | 107 | 100 | 100 | |
| Health | 73 | 96 | 100 | |
| Housing | 79 | 89 | 100 | |
| Transportation | 85 | 90 | 100 | |
| Utilities | 127 | 107 | 100 | |
Seven Oaks, 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 Seven Oaks is $161,600.
The Median Rent in Seven Oaks is $1,006.
The Median Income in Seven Oaks is $58,688.
The Home Value To Income in Seven Oaks is 2.8x.
The Rent To Monthly Income in Seven Oaks is 0.21x.
| Statistic | Seven Oaks | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $161,600 | $181,800 | $244,900 |
| Median Rent | $1,006 | $970 | $1,163 |
| Median Income | $58,688 | $58,234 | $69,021 |
| Home Value To Income | 2.8x | 3.1x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Seven Oaks, SC Costs By Category
Detailed Seven Oaks Services Costs Vs. South Carolina
| Item | Seven Oaks | South Carolina |
|---|---|---|
| Shampoo | $1.01 | $1.06 |
| Movie | $11.12 | $10.68 |
| Bowling | $13.83 | $14.67 |
| Haircut | $14.0 | $18.62 |
| Beauty Salon | $41.63 | $39.05 |
Detailed Seven Oaks Groceries Costs Vs. South Carolina
| Item | Seven Oaks | South Carolina |
|---|---|---|
| Ground Beef | $4.57 | $4.22 |
| Fried Chicken | $1.4 | $1.39 |
| Milk | $2.19 | $2.05 |
| Potatoes | $3.78 | $3.29 |
| Pizza | $10.72 | $10.62 |
| Beer | $10.3 | $9.38 |
| Toothpaste | $2.26 | $2.34 |
Detailed Seven Oaks Health Costs Vs. South Carolina
| Item | Seven Oaks | South Carolina |
|---|---|---|
| Optometrist | $51.67 | $108.57 |
| Doctor | $102.0 | $116.17 |
| Dentist | $59.0 | $99.13 |
Detailed Seven Oaks Transportation Costs Vs. South Carolina
| Item | Seven Oaks | South Carolina |
|---|---|---|
| Gasoline | $2.0 | $2.22 |
| Tire Balancing | $40.0 | $50.07 |
Detailed Seven Oaks Utilities Costs Vs. South Carolina
| Item | Seven Oaks | South Carolina |
|---|---|---|
| All Electricity | $248.45 | $167.67 |
| Phone | $185.81 | $175.64 |
Seven Oaks SnackAbility
/10
Cost Of Living In Cities Around Seven Oaks
The cost of living varies in the cities and towns around Seven Oaks. Here's a quick look at the cost of living in the most populous nearby places:
Lexington, SC has a cost of living index of 99, 1.1x Seven Oaks.
St. Andrews, SC has a cost of living index of 87, 0.9x Seven Oaks.
West Columbia, SC has a cost of living index of 94, 1.0x Seven Oaks.
| City | Population | Cost Of Living | Vs. Seven Oaks |
|---|---|---|---|
| Lexington, SC | 23,068 | 99 | 1.1x |
| St. Andrews, SC | 21,383 | 87 | 0.9x |
| West Columbia, SC | 17,265 | 94 | 1.0x |
| Dentsville, SC | 15,245 | 88 | 1.0x |
| Cayce, SC | 13,637 | 90 | 1.0x |
| Oak Grove, SC | 11,803 | 93 | 1.0x |
| Irmo, SC | 11,581 | 94 | 1.0x |
| Forest Acres, SC | 10,621 | 99 | 1.1x |
| Red Bank, SC | 10,070 | 93 | 1.0x |
| Woodfield, SC | 8,970 | 90 | 1.0x |
