Cost of Living

COST OF LIVING:  the Cost of Living Index is a gauge of the amount of money required to maintain a set standard of living.  The standard reference is the U.S. value of 1.0.  Thus, in SC only 86% of the average national cost is required to maintain the same standard of living.

Annual Cost of Living Index, 2007

 

Cost of Living Index Value

Per Capital Income

Adjusted Per Capita Income

Spartanburg

0.84

$28,971

$34,613

Greenville

0.91

$35,076

$38,630

Richland

0.87

$34,434

$39,579

Charleston

0.98

$38,702

$39,654

S.C.

0.86

$31,103

$36,124

U.S.

1.0

$38,615

$38,615

S.C. Department of Commerce