Fort Mill, SC Cost Of Living
Cost Of Living In Fort Mill, SC Summary
Cost of living in Fort Mill 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 Fort Mill 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 Fort Mill is 104, with 100 being the average.
The cost of living index in Fort Mill is 1.0x higher than the national average.
Fort Mill ranks as the #84 cheapest in South Carolina out of 99.
Fort Mill ranks as the #3,585 cheapest out of 6,412 in the US.
The median home value in Fort Mill is $340,500.
The median income in Fort Mill is $120,665.
Table Of Contents
Fort Mill's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fort Mill, SC?
According to the most recent data on the cost of living, Fort Mill has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to South Carolina, Fort Mill has a cost of living index that's 1.1x higher than South Carolina's index of 96.
The standard of living in Fort Mill ranks as #84 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Fort Mill ranks as the #15 most expensive place in the Palmetto State.
For more reading on life in Fort Mill, check out:
- Living In Fort Mill
- Fort Mill Crime Report
- Search Homes For Sale In Fort Mill, SC
In South Carolina
In America
Fort Mill Cost Of Living Vs. South Carolina
Six factors go into calculating the cost of living index in Fort Mill. Here is how it fairs on each of the criteria:
The Services index in Fort Mill is 104.
The Groceries index in Fort Mill is 102.
The Health index in Fort Mill is 105.
The Housing index in Fort Mill is 104.
The Transportation index in Fort Mill is 103.
The Utilities index in Fort Mill is 97.
| Living Expense | Fort Mill | South Carolina | National Average | |
|---|---|---|---|---|
| Overall | 104 | 96 | 100 | |
| Services | 104 | 99 | 100 | |
| Groceries | 102 | 100 | 100 | |
| Health | 105 | 96 | 100 | |
| Housing | 104 | 89 | 100 | |
| Transportation | 103 | 90 | 100 | |
| Utilities | 97 | 107 | 100 | |
Fort Mill, 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 2017-2021. The key points are:
The Median Home Value in Fort Mill is $340,500.
The Median Rent in Fort Mill is $1,179.
The Median Income in Fort Mill is $120,665.
The Home Value To Income in Fort Mill is 2.8x.
The Rent To Monthly Income in Fort Mill is 0.12x.
| Statistic | Fort Mill | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $340,500 | $181,800 | $244,900 |
| Median Rent | $1,179 | $970 | $1,163 |
| Median Income | $120,665 | $58,234 | $69,021 |
| Home Value To Income | 2.8x | 3.1x | 3.5x |
| Rent To Monthly Income | 0.12x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Fort Mill, SC Costs By Category
Detailed Fort Mill Services Costs Vs. South Carolina
| Item | Fort Mill | South Carolina |
|---|---|---|
| Shampoo | $1.0 | $1.06 |
| Movie | $10.0 | $10.68 |
| Bowling | $22.35 | $14.67 |
| Haircut | $16.9 | $18.62 |
| Beauty Salon | $39.1 | $39.05 |
Detailed Fort Mill Groceries Costs Vs. South Carolina
| Item | Fort Mill | South Carolina |
|---|---|---|
| Ground Beef | $3.88 | $4.22 |
| Fried Chicken | $1.46 | $1.39 |
| Milk | $1.69 | $2.05 |
| Potatoes | $3.65 | $3.29 |
| Pizza | $9.09 | $10.62 |
| Beer | $10.42 | $9.38 |
| Toothpaste | $2.27 | $2.34 |
Detailed Fort Mill Health Costs Vs. South Carolina
| Item | Fort Mill | South Carolina |
|---|---|---|
| Optometrist | $119.06 | $108.57 |
| Doctor | $121.12 | $116.17 |
| Dentist | $112.88 | $99.13 |
Detailed Fort Mill Transportation Costs Vs. South Carolina
| Item | Fort Mill | South Carolina |
|---|---|---|
| Gasoline | $2.35 | $2.22 |
| Tire Balancing | $45.59 | $50.07 |
Detailed Fort Mill Utilities Costs Vs. South Carolina
| Item | Fort Mill | South Carolina |
|---|---|---|
| All Electricity | $158.05 | $167.67 |
| Phone | $179.94 | $175.64 |
Fort Mill SnackAbility
/10
Cost Of Living In Cities Around Fort Mill
The cost of living varies in the cities and towns around Fort Mill. 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 103, 1.0x Fort Mill.
Rock Hill, SC has a cost of living index of 96, 0.9x Fort Mill.
Indian Trail, NC has a cost of living index of 103, 1.0x Fort Mill.
| City | Population | Cost Of Living | Vs. Fort Mill |
|---|---|---|---|
| Charlotte, NC | 864,871 | 103 | 1.0x |
| Rock Hill, SC | 72,883 | 96 | 0.9x |
| Indian Trail, NC | 39,603 | 103 | 1.0x |
| Matthews, NC | 29,417 | 107 | 1.0x |
| Mint Hill, NC | 26,236 | 107 | 1.0x |
| Waxhaw, NC | 19,645 | 116 | 1.1x |
| Stallings, NC | 15,932 | 109 | 1.0x |
| Lake Wylie, SC | 13,560 | 117 | 1.1x |
| Weddington, NC | 12,851 | 142 | 1.4x |
| Tega Cay, SC | 12,336 | 117 | 1.1x |
