Chester, SC Cost Of Living
Cost Of Living In Chester, SC Summary
Cost of living in Chester 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 Chester 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 Chester is 84, with 100 being the average.
The cost of living index in Chester is 0.8x lower than the national average.
Chester ranks as the #3 cheapest in South Carolina out of 99.
Chester ranks as the #406 cheapest out of 6,489 in the US.
The median home value in Chester is $126,795.
The median income in Chester is $41,231.
Table Of Contents
Chester's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Chester, SC?
According to the most recent data on the cost of living, Chester has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to South Carolina, Chester has a cost of living index that's 0.9x lower than South Carolina's index of 93.
The standard of living in Chester ranks as #3 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Chester ranks as the #96 most expensive place in the Palmetto State.
For more reading on life in Chester, check out:
In South Carolina
In America
Chester Cost Of Living Vs. South Carolina
Six factors go into calculating the cost of living index in Chester. Here is how it fairs on each of the criteria:
The Services index in Chester is 103.
The Groceries index in Chester is 99.
The Health index in Chester is 109.
The Housing index in Chester is 45.
The Transportation index in Chester is 96.
The Utilities index in Chester is 87.
| Living Expense | Chester | South Carolina | National Average | |
|---|---|---|---|---|
| Overall | 84 | 93 | 100 | |
| Services | 103 | 102 | 100 | |
| Groceries | 99 | 97 | 100 | |
| Health | 109 | 92 | 100 | |
| Housing | 45 | 81 | 100 | |
| Transportation | 96 | 92 | 100 | |
| Utilities | 87 | 109 | 100 | |
Chester, SC Housing Cost Breakdown
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 Chester is $126,795.
The Median Rent in Chester is $905.
The Median Income in Chester is $41,231.
The Home Value To Income in Chester is 3.1x.
The Rent To Monthly Income in Chester is 0.26x.
| Statistic | Chester | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $126,795 | $302,294 | $303,400 |
| Median Rent | $905 | $1,126 | $1,348 |
| Median Income | $41,231 | $66,818 | $78,538 |
| Home Value To Income | 3.1x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.26x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Chester, SC Costs By Category
Detailed Chester Services Costs Vs. South Carolina
| Item | Chester | South Carolina |
|---|---|---|
| Shampoo | $1.27 | $1.28 |
| Movie | $13.55 | $12.13 |
| Bowling | $21.67 | $18 |
| Haircut | $18.25 | $24.26 |
| Beauty Salon | $59.75 | $45.56 |
Detailed Chester Groceries Costs Vs. South Carolina
| Item | Chester | South Carolina |
|---|---|---|
| Ground Beef | $6.27 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.61 | $4.67 |
| Potatoes | $4.98 | $4.93 |
| Pizza | $10.96 | $12.09 |
| Beer | $10.47 | $10.41 |
| Toothpaste | $3.81 | $3.7 |
Detailed Chester Health Costs Vs. South Carolina
| Item | Chester | South Carolina |
|---|---|---|
| Optometrist | $143.74 | $125.68 |
| Doctor | $148.29 | $135.78 |
| Dentist | $115.52 | $113.29 |
Detailed Chester Transportation Costs Vs. South Carolina
| Item | Chester | South Carolina |
|---|---|---|
| Gasoline | $3.29 | $3.46 |
| Tire Balancing | $53.32 | $59.92 |
Detailed Chester Utilities Costs Vs. South Carolina
| Item | Chester | South Carolina |
|---|---|---|
| All Electricity | $167.89 | $193.99 |
| Phone | $189.9 | $192.25 |
Chester SnackAbility
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Cost Of Living In Cities Around Chester
The cost of living varies in the cities and towns around Chester. Here's a quick look at the cost of living in the most populous nearby places:
Charlotte, NC has a cost of living index of 110, 1.3x Chester.
Indian Trail, NC has a cost of living index of 113, 1.3x Chester.
Matthews, NC has a cost of living index of 113, 1.3x Chester.
| City | Population | Cost Of Living | Vs. Chester |
|---|---|---|---|
| Charlotte, NC | 886,283 | 110 | 1.3x |
| Indian Trail, NC | 41,146 | 113 | 1.3x |
| Matthews, NC | 29,959 | 113 | 1.3x |
| Mint Hill, NC | 26,954 | 112 | 1.3x |
| Lexington, SC | 24,132 | 102 | 1.2x |
| Stallings, NC | 16,495 | 115 | 1.4x |
| Weddington, NC | 13,468 | 148 | 1.8x |
| Wesley Chapel, NC | 8,923 | 127 | 1.5x |
| Unionville, NC | 6,826 | 104 | 1.2x |
| Marvin, NC | 6,542 | 180 | 2.1x |
