What is the cost of living in Florence, SC?
According to the most recent data on the cost of living, Florence has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to South Carolina, Florence has a cost of living index that's 1.1x higher than South Carolina's index of 92.
The standard of living in Florence ranks as #51 most affordable out of the 98 places we measured in South Carolina. By definition, that implies Florence ranks as the #47 most expensive place in the Palmetto State.
For more reading on life in Florence, check out:
Florence Cost Of Living Vs. South Carolina
Six factors go into calculating the cost of living index in Florence. Here is how it fares on each of the criteria:
The Services index in Florence is 100.
The Groceries index in Florence is 101.
The Health index in Florence is 83.
The Housing index in Florence is 100.
The Transportation index in Florence is 101.
The Utilities index in Florence is 100.
| Living Expense | Florence | South Carolina | National Average |
|---|---|---|---|
| Overall | 97 | 92 | 100 |
| Services | 100 | 97 | 100 |
| Groceries | 101 | 96 | 100 |
| Health | 83 | 82 | 100 |
| Housing | 100 | 101 | 100 |
| Transportation | 101 | 101 | 100 |
| Utilities | 100 | 97 | 100 |
Florence Cost Of Living Compared To South Carolina Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around South Carolina, check out:
- Most Expensive Cities In South Carolina
- Most Affordable Cities In South Carolina
- Average Rent In South Carolina
Source: Cost-of-living index 2026, normalized to US average = 100
Florence, 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 2020-2024. The key points are:
The Median Home Value in Florence is $219,285.
The Median Rent in Florence is $992.
The Median Income in Florence is $56,143.
The Home Value To Income in Florence is 3.9x.
The Rent To Monthly Income in Florence is 0.21x.
| Statistic | Florence | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $219,285 | $304,083 | $332,700 |
| Median Rent | $992 | $1,180 | $1,413 |
| Median Income | $56,143 | $69,324 | $80,734 |
| Home Value To Income | 3.9x | 4.4x | 4.1x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Florence, SC Costs By Category
Detailed Florence Services costs vs. South Carolina
| Item | Florence | 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 |
Detailed Florence Groceries costs vs. South Carolina
| Item | Florence | 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 |
Detailed Florence Health costs vs. South Carolina
| Item | Florence | South Carolina |
|---|---|---|
| Optometrist | $59.0 | $125.68 |
| Doctor | $150.0 | $135.78 |
| Dentist | $78.33 | $113.29 |
Detailed Florence Transportation costs vs. South Carolina
| Item | Florence | South Carolina |
|---|---|---|
| Gasoline | $3.22 | $3.46 |
| Tire Balancing | $32.03 | $59.92 |
Detailed Florence Utilities costs vs. South Carolina
| Item | Florence | South Carolina |
|---|---|---|
| All Electricity | $290.58 | $193.99 |
| Phone | $192.75 | $192.25 |
Florence SnackAbility
Cost Of Living In Cities Around Florence
The cost of living varies in the cities and towns around Florence. Here's a quick look at the cost of living in the most populous nearby places:
Sumter, SC has a cost of living index of 93, 1.0x Florence.
Conway, SC has a cost of living index of 94, 1.0x Florence.
Laurinburg, NC has a cost of living index of 87, 0.9x Florence.
| City | Population | Cost Of Living | Vs. Florence |
|---|---|---|---|
| Sumter, SC | 43,053 | 93 | 1.0x |
| Conway, SC | 27,263 | 94 | 1.0x |
| Laurinburg, NC | 15,087 | 87 | 0.9x |
| Camden, SC | 8,267 | 96 | 1.0x |
| Bennettsville, SC | 7,751 | 86 | 0.9x |
| Hartsville, SC | 7,419 | 92 | 0.9x |
| Marion, SC | 6,206 | 87 | 0.9x |
| Darlington, SC | 6,120 | 90 | 0.9x |
| Hamlet, NC | 5,961 | 87 | 0.9x |
