Gaffney, SC Cost Of Living

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Updated: 2020-03-08
Gaffney's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Gaffney is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Gaffney, SC?

According to the most recent data on the cost of living, Gaffney has an overall cost of living index of 87 which is 0.9x lower than the national index of 100.

Compared to only South Carolina, Gaffney has a cost of living index that's 0.9x lower than South Carolina's index of 94.

The standard of living in Gaffney ranks as #1128 most affordable out of the 6522 places we measured in South Carolina. By definition, that implies Gaffney ranks as the #5279 most expensive place in the Palmetto State.

For more reading on life in Gaffney, check out:

Gaffney Cost Of Living Vs. South Carolina

Living Expense Gaffney South Carolina National Average
Overall 87 94 100
Services 104 102 100
Groceries 99 102 100
Health 100 95 100
Housing 58 80 100
Transportation 91 90 100
Utilities 94 107 100
For more reading on cost of living around South Carolina, check out:
Gaffney Cost of Living Vs. SC

Gaffney, SC Housing Cost Breakdown

Housing swings affordability the most between places in South Carolina, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Gaffney South Carolina United States
Median Home Value $107,200 $154,800 $204,900
Median Rent $621 $868 $1,023
Median Income $30,114 $51,015 $60,293
Home Value To Income 3.6x 3.0x 3.4x
Rent To Monthly Income 0.25x 0.2x 0.2x

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Cost Of Living In Cities Around Gaffney

City Population Cost Of Living Vs. Gaffney
Charlotte, NC 841,611 101 1.2x
Huntersville, NC 54,572 111 1.3x
Mauldin, SC 25,009 97 1.1x
Taylors, SC 21,923 94 1.1x
Simpsonville, SC 21,423 97 1.1x
Wade Hampton, SC 20,925 97 1.1x
Five Forks, SC 18,004 114 1.3x
Hendersonville, NC 13,809 95 1.1x
Tega Cay, SC 9,954 119 1.4x
Marvin, NC 6,298 171 2.0x

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