Cost of living in Cayce 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 Cayce 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 Cayce is 96, with 100 being the average.
The cost of living index in Cayce is 1.0x lower than the national average.
Cayce ranks as the #49 cheapest in South Carolina out of 99.
Cayce ranks as the #2,104 cheapest out of 6,489 in the US.
The median home value in Cayce is $206,010.
The median income in Cayce is $58,095.
According to the most recent data on the cost of living, Cayce has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to South Carolina, Cayce has a cost of living index that's 1.0x higher than South Carolina's index of 93.
The standard of living in Cayce ranks as #49 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Cayce ranks as the #50 most expensive place in the Palmetto State.
For more reading on life in Cayce, check out:
Six factors go into calculating the cost of living index in Cayce. Here is how it fairs on each of the criteria:
The Services index in Cayce is 96.
The Groceries index in Cayce is 100.
The Health index in Cayce is 86.
The Housing index in Cayce is 82.
The Transportation index in Cayce is 83.
The Utilities index in Cayce is 132.
| Living Expense | Cayce | South Carolina | National Average | |
|---|---|---|---|---|
| Overall | 96 | 93 | 100 | |
| Services | 96 | 102 | 100 | |
| Groceries | 100 | 97 | 100 | |
| Health | 86 | 92 | 100 | |
| Housing | 82 | 81 | 100 | |
| Transportation | 83 | 92 | 100 | |
| Utilities | 132 | 109 | 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 2019-2023. The key points are:
The Median Home Value in Cayce is $206,010.
The Median Rent in Cayce is $1,358.
The Median Income in Cayce is $58,095.
The Home Value To Income in Cayce is 3.5x.
The Rent To Monthly Income in Cayce is 0.28x.
| Statistic | Cayce | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $206,010 | $302,294 | $303,400 |
| Median Rent | $1,358 | $1,126 | $1,348 |
| Median Income | $58,095 | $66,818 | $78,538 |
| Home Value To Income | 3.5x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.28x | 0.2x | 0.21x |
| Item | Cayce | South Carolina |
|---|---|---|
| Shampoo | $1.33 | $1.28 |
| Movie | $12.93 | $12.13 |
| Bowling | $24.33 | $18 |
| Haircut | $20.75 | $24.26 |
| Beauty Salon | $30.56 | $45.56 |
| Item | Cayce | South Carolina |
|---|---|---|
| Ground Beef | $6.15 | $5.84 |
| Fried Chicken | $1.67 | $1.57 |
| Milk | $4.61 | $4.67 |
| Potatoes | $5.5 | $4.93 |
| Pizza | $10.35 | $12.09 |
| Beer | $10.53 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
| Item | Cayce | South Carolina |
|---|---|---|
| Optometrist | $59.0 | $125.68 |
| Doctor | $150.0 | $135.78 |
| Dentist | $78.33 | $113.29 |
| Item | Cayce | South Carolina |
|---|---|---|
| Gasoline | $3.22 | $3.46 |
| Tire Balancing | $32.03 | $59.92 |
| Item | Cayce | South Carolina |
|---|---|---|
| All Electricity | $290.58 | $193.99 |
| Phone | $192.75 | $192.25 |
The cost of living varies in the cities and towns around Cayce. 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 102, 1.1x Cayce.
St. Andrews, SC has a cost of living index of 89, 0.9x Cayce.
West Columbia, SC has a cost of living index of 95, 1.0x Cayce.
| City | Population | Cost Of Living | Vs. Cayce |
|---|---|---|---|
| Lexington, SC | 24,132 | 102 | 1.1x |
| St. Andrews, SC | 20,953 | 89 | 0.9x |
| West Columbia, SC | 17,723 | 95 | 1.0x |
| Seven Oaks, SC | 15,990 | 97 | 1.0x |
| Dentsville, SC | 15,396 | 91 | 0.9x |
| Oak Grove, SC | 12,031 | 97 | 1.0x |
| Irmo, SC | 11,799 | 96 | 1.0x |
| Red Bank, SC | 10,950 | 94 | 1.0x |
| Forest Acres, SC | 10,491 | 103 | 1.1x |
| Woodfield, SC | 9,901 | 94 | 1.0x |