Cost of living in Sumter 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 Sumter 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 Sumter is 92, with 100 being the average.
The cost of living index in Sumter is 0.9x lower than the national average.
Sumter ranks as the #44 cheapest in South Carolina out of 99.
Sumter ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Sumter is $142,100.
The median income in Sumter is $43,051.
According to the most recent data on the cost of living, Sumter has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to South Carolina, Sumter has a cost of living index that's 1.0x lower than South Carolina's index of 96.
The standard of living in Sumter ranks as #44 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Sumter ranks as the #55 most expensive place in the Palmetto State.
For more reading on life in Sumter, check out:
Six factors go into calculating the cost of living index in Sumter. Here is how it fairs on each of the criteria:
The Services index in Sumter is 92.
The Groceries index in Sumter is 108.
The Health index in Sumter is 74.
The Housing index in Sumter is 72.
The Transportation index in Sumter is 87.
The Utilities index in Sumter is 126.
Living Expense | Sumter | South Carolina | National Average | |
---|---|---|---|---|
Overall | 92 | 96 | 100 | |
Services | 92 | 99 | 100 | |
Groceries | 108 | 100 | 100 | |
Health | 74 | 96 | 100 | |
Housing | 72 | 89 | 100 | |
Transportation | 87 | 90 | 100 | |
Utilities | 126 | 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 Sumter is $142,100.
The Median Rent in Sumter is $908.
The Median Income in Sumter is $43,051.
The Home Value To Income in Sumter is 3.3x.
The Rent To Monthly Income in Sumter is 0.25x.
Statistic | Sumter | South Carolina | United States |
---|---|---|---|
Median Home Value | $142,100 | $181,800 | $244,900 |
Median Rent | $908 | $970 | $1,163 |
Median Income | $43,051 | $58,234 | $69,021 |
Home Value To Income | 3.3x | 3.1x | 3.5x |
Rent To Monthly Income | 0.25x | 0.2x | 0.2x |
Item | Sumter | 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 |
Item | Sumter | 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 |
Item | Sumter | South Carolina |
---|---|---|
Optometrist | $51.67 | $108.57 |
Doctor | $102.0 | $116.17 |
Dentist | $59.0 | $99.13 |
Item | Sumter | South Carolina |
---|---|---|
Gasoline | $2.0 | $2.22 |
Tire Balancing | $40.0 | $50.07 |
Item | Sumter | South Carolina |
---|---|---|
All Electricity | $248.45 | $167.67 |
Phone | $185.81 | $175.64 |
The cost of living varies in the cities and towns around Sumter. 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 Sumter.
West Columbia, SC has a cost of living index of 94, 1.0x Sumter.
Seven Oaks, SC has a cost of living index of 92, 1.0x Sumter.
City | Population | Cost Of Living | Vs. Sumter |
---|---|---|---|
Lexington, SC | 23,068 | 99 | 1.1x |
West Columbia, SC | 17,265 | 94 | 1.0x |
Seven Oaks, SC | 15,561 | 92 | 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 |
Lugoff, SC | 9,127 | 92 | 1.0x |
Woodfield, SC | 8,970 | 90 | 1.0x |
Camden, SC | 7,666 | 94 | 1.0x |