The cost of living in Greenville is 89.8, about 10% lower than the national average, but 1.5% higher than a year ago. Greenville’s cost of living is only slightly higher than the state average of 88.5.
How much money do you need to live comfortably in Greenville South Carolina?
Comparison Highlights
| Cost of Living Indexes | Greenville, SC | Charleston, SC |
|---|---|---|
| Overall Index: Homeowner, No Child care, Taxes Not Considered | 88.7 | 109.8 |
| Food & Groceries | 99.7 | 105.6 |
| Housing (Homeowner) | 81.1 | 136.9 |
| Median Home Cost | $234,600 | $386,600 |
Is Greenville South Carolina expensive to live?
Cost of Living in Greenville, South Carolina by Expense Category. Greenville’s housing expenses are 22% lower than the national average and the utility prices are 3% higher than the national average. Transportation expenses like bus fares and gas prices are 8% lower than the national average.
How much do I need to make to live in Greenville?
Typical Expenses
| 1 ADULT | ||
|---|---|---|
| 0 Children | 1 Child | |
| Required annual income after taxes | $28,442 | $52,776 |
| Annual taxes | $7,538 | $13,987 |
| Required annual income before taxes | $35,980 | $66,763 |
Is Greenville SC a good place to live?
Greenville is the 10th best place to live in the United States, according to the 2019 Top 100 Best Places to Live published by Livability.com.
Is it cheaper to live in SC or NC?
According to BestPlaces, North Carolina’s overall cost of living is below the national average but slightly above South Carolina’s cost of living. Residents of NC pay below the national average for groceries, housing, utilities, and transportation, but health care costs are a little bit above the national average.
Is it cheaper to live in South Carolina or Florida?
Florida is 2.0% more expensive than South Carolina.
Why is Greenville SC so expensive?
The reasons behind the Greenville area’s rising costs for new and existing homes are twofold, both on the supply and demand sides, and are common in major markets across South Carolina, Von Nessen said.
Why are houses so cheap in South Carolina?
South Carolina is in the top 10 lowest taxed states, so living here offers lower real estate taxes, sales tax, and personal income tax. Gas taxes are low, which means the costs of transportation are the lowest in the US. Property taxes are among the lowest in the country.
Is Greenville SC affordable?
Greenville is one of the most affordable cities that you can live in the south that’s also a truly nice place to live. With transportation and housing costing significantly less than other southern cities like Ashville and Atlanta, you can experience the joys of the south without it costing you an arm and a leg.
What is the racial makeup of Greenville SC?
Greenville Demographics
White: 70.39% Black or African American: 23.28% Asian: 2.43% Two or more races: 1.76%
Where should I not live in Greenville SC?
Aside from downtown, you’ll also find some of the most dangerous neighborhoods in Greenville are around Haywood Mall. Other high crime areas of Greenville include Arcadia Hills, Southern Side, and West Greenville.
How far is Greenville SC from the ocean?
The Myrtle Beach area is approximately 4 hours from Greenville.
Is Greenville or Charleston better?
Charleston voted second best, Greenville fifth in Conde Nast reader poll. CHARLESTON, S.C. (WCIV) — Charleston and Greenville both placed in the top five small cities in the U.S. in a new Conde Nast reader poll. The 2021 Readers’ Choice Awards ranked Greenville fifth and Charleston second best in the nation.
Is there a beach in Greenville SC?
Litchfield Beach, also at the south end of the Grand Strand, provides a small-town feel a short drive from Myrtle Beach. Surfside Beach: 4.13Surfside Beach was officially incorporated in 1964. Visitors can access the beach from any of the town’s 36 access points.
Why is Greenville SC so popular?
Growing Economy. Greenville, SC is an up and coming city. As the city’s medium-sized economy continues to grow, it continues to bring a variety of industries to the area. Its low tax rate and excellent workforce attracted Fortune 500 companies such as 3M, Lockheed, and GE to establish offices in the city.
What is the cheapest city to live in South Carolina?
The Real Cheapest Places to Live in South Carolina
- Parker. Parker is one of the cheapest places to live in South Carolina.
- Conway. Conway is a river town that is tucked into the Waccamaw River both to the north and the west.
- Chester.
- Gaffney.
- Cheraw.
- Laurens.
- Murrells Inlet.
- Can I afford to live in South Carolina?
Does SC have state income tax?
South Carolina accepts the adjustments, exemptions and deductions allowed on your federal tax return with few modifications. Your federal taxable income is the starting point in determining your state income tax liability. Individual income tax rates range from 0% to a top rate of 7% on taxable income.
How much money do you need to live comfortably in South Carolina?
According to the Economic Policy Institute, the annual cost of living for a single person without any children averages to $2,332 monthly. If you’re single, you need to make $14.72 per hour in order to make a liveable wage in South Carolina. In 2018, the median household income was $57,340.
What is the richest city in SC?
List: 10 Richest Places in South Carolina
- Bluffton. Population: 20,799. County: Beaufort.
- Mt. Pleasant. Population: 86,982.
- James Island. Population: 12,076.
- Fort Mill. Population: 17,692.
- Simpsonville. Population: 22,234.
- Lexington. Population: 21,334.
- Tega Cay. Population: 10,412.
- Hilton Head Island. Population: 40,007.
Is it cheaper to retire in NC or SC?
That being said, South Carolina has a slight lead on its northerly neighbor when it comes to cost of living benefits. Sperling’s Best Places rates South Carolina as an 88.5 out of 100, with 100 being the average cost of living in the United States. Meanwhile, North Carolina comes in at just a bit higher at 90.6.
