Cost of living in Spartanburg 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 Spartanburg 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 Spartanburg is 89, with 100 being the average.
The cost of living index in Spartanburg is 0.9x lower than the national average.
Spartanburg ranks as the #29 cheapest in South Carolina out of 99.
Spartanburg ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Spartanburg is $143,300.
The median income in Spartanburg is $45,228.
According to the most recent data on the cost of living, Spartanburg has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to South Carolina, Spartanburg has a cost of living index that's 0.9x lower than South Carolina's index of 96.
The standard of living in Spartanburg ranks as #29 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Spartanburg ranks as the #70 most expensive place in the Palmetto State.
For more reading on life in Spartanburg, check out:
Six factors go into calculating the cost of living index in Spartanburg. Here is how it fairs on each of the criteria:
The Services index in Spartanburg is 100.
The Groceries index in Spartanburg is 99.
The Health index in Spartanburg is 107.
The Housing index in Spartanburg is 67.
The Transportation index in Spartanburg is 94.
The Utilities index in Spartanburg is 96.
Living Expense | Spartanburg | South Carolina | National Average | |
---|---|---|---|---|
Overall | 89 | 96 | 100 | |
Services | 100 | 99 | 100 | |
Groceries | 99 | 100 | 100 | |
Health | 107 | 96 | 100 | |
Housing | 67 | 89 | 100 | |
Transportation | 94 | 90 | 100 | |
Utilities | 96 | 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 Spartanburg is $143,300.
The Median Rent in Spartanburg is $897.
The Median Income in Spartanburg is $45,228.
The Home Value To Income in Spartanburg is 3.2x.
The Rent To Monthly Income in Spartanburg is 0.24x.
Statistic | Spartanburg | South Carolina | United States |
---|---|---|---|
Median Home Value | $143,300 | $181,800 | $244,900 |
Median Rent | $897 | $970 | $1,163 |
Median Income | $45,228 | $58,234 | $69,021 |
Home Value To Income | 3.2x | 3.1x | 3.5x |
Rent To Monthly Income | 0.24x | 0.2x | 0.2x |
Item | Spartanburg | South Carolina |
---|---|---|
Shampoo | $1.08 | $1.06 |
Movie | $8.73 | $10.68 |
Bowling | $16.22 | $14.67 |
Haircut | $18.76 | $18.62 |
Beauty Salon | $40.79 | $39.05 |
Item | Spartanburg | South Carolina |
---|---|---|
Ground Beef | $4.21 | $4.22 |
Fried Chicken | $1.22 | $1.39 |
Milk | $1.57 | $2.05 |
Potatoes | $3.51 | $3.29 |
Pizza | $9.67 | $10.62 |
Beer | $10.45 | $9.38 |
Toothpaste | $2.3 | $2.34 |
Item | Spartanburg | South Carolina |
---|---|---|
Optometrist | $110.68 | $108.57 |
Doctor | $115.7 | $116.17 |
Dentist | $115.91 | $99.13 |
Item | Spartanburg | South Carolina |
---|---|---|
Gasoline | $2.05 | $2.22 |
Tire Balancing | $49.34 | $50.07 |
Item | Spartanburg | South Carolina |
---|---|---|
All Electricity | $155.03 | $167.67 |
Phone | $184.31 | $175.64 |
The cost of living varies in the cities and towns around Spartanburg. 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, 1.0x Spartanburg.
Five Forks, SC has a cost of living index of 113, 1.3x Spartanburg.
Gaffney, SC has a cost of living index of 86, 1.0x Spartanburg.
City | Population | Cost Of Living | Vs. Spartanburg |
---|---|---|---|
Greer, SC | 35,151 | 92 | 1.0x |
Five Forks, SC | 19,158 | 113 | 1.3x |
Gaffney, SC | 12,560 | 86 | 1.0x |
Boiling Springs, SC | 10,591 | 93 | 1.0x |
Valley Falls, SC | 7,583 | 92 | 1.0x |