What is the cost of living in Greenwood, SC?
According to the most recent data on the cost of living, Greenwood has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to South Carolina, Greenwood has a cost of living index that's 0.9x lower than South Carolina's index of 92.
The standard of living in Greenwood ranks as #2 most affordable out of the 98 places we measured in South Carolina. By definition, that implies Greenwood ranks as the #96 most expensive place in the Palmetto State.
For more reading on life in Greenwood, check out:
Greenwood Cost Of Living Vs. South Carolina
Six factors go into calculating the cost of living index in Greenwood. Here is how it fares on each of the criteria:
The Services index in Greenwood is 95.
The Groceries index in Greenwood is 96.
The Health index in Greenwood is 60.
The Housing index in Greenwood is 98.
The Transportation index in Greenwood is 101.
The Utilities index in Greenwood is 96.
| Living Expense | Greenwood | South Carolina | National Average |
|---|---|---|---|
| Overall | 84 | 92 | 100 |
| Services | 95 | 97 | 100 |
| Groceries | 96 | 96 | 100 |
| Health | 60 | 82 | 100 |
| Housing | 98 | 101 | 100 |
| Transportation | 101 | 101 | 100 |
| Utilities | 96 | 97 | 100 |
Greenwood 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
Greenwood, 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 Greenwood is $183,962.
The Median Rent in Greenwood is $839.
The Median Income in Greenwood is $41,150.
The Home Value To Income in Greenwood is 4.5x.
The Rent To Monthly Income in Greenwood is 0.24x.
| Statistic | Greenwood | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $183,962 | $304,083 | $332,700 |
| Median Rent | $839 | $1,180 | $1,413 |
| Median Income | $41,150 | $69,324 | $80,734 |
| Home Value To Income | 4.5x | 4.4x | 4.1x |
| Rent To Monthly Income | 0.24x | 0.2x | 0.21x |
Greenwood, SC Costs By Category
Detailed Greenwood Services costs vs. South Carolina
| Item | Greenwood | South Carolina |
|---|---|---|
| Shampoo | $1.37 | $1.28 |
| Movie | $14.47 | $12.13 |
| Bowling | $18.39 | $18 |
| Haircut | $25.74 | $24.26 |
| Beauty Salon | $51.07 | $45.56 |
Detailed Greenwood Groceries costs vs. South Carolina
| Item | Greenwood | South Carolina |
|---|---|---|
| Ground Beef | $6.24 | $5.84 |
| Fried Chicken | $1.5 | $1.57 |
| Milk | $4.56 | $4.67 |
| Potatoes | $5.31 | $4.93 |
| Pizza | $11.78 | $12.09 |
| Beer | $10.45 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
Detailed Greenwood Health costs vs. South Carolina
| Item | Greenwood | South Carolina |
|---|---|---|
| Optometrist | $120.21 | $125.68 |
| Doctor | $123.75 | $135.78 |
| Dentist | $114.8 | $113.29 |
Detailed Greenwood Transportation costs vs. South Carolina
| Item | Greenwood | South Carolina |
|---|---|---|
| Gasoline | $3.07 | $3.46 |
| Tire Balancing | $56.5 | $59.92 |
Detailed Greenwood Utilities costs vs. South Carolina
| Item | Greenwood | South Carolina |
|---|---|---|
| All Electricity | $170.53 | $193.99 |
| Phone | $189.75 | $192.25 |
Greenwood SnackAbility
Cost Of Living In Cities Around Greenwood
The cost of living varies in the cities and towns around Greenwood. Here's a quick look at the cost of living in the most populous nearby places:
Greenville, SC has a cost of living index of 118, 1.4x Greenwood.
Evans, GA has a cost of living index of 114, 1.4x Greenwood.
Martinez, GA has a cost of living index of 97, 1.2x Greenwood.
| City | Population | Cost Of Living | Vs. Greenwood |
|---|---|---|---|
| Greenville, SC | 72,935 | 118 | 1.4x |
| Evans, GA | 36,998 | 114 | 1.4x |
| Martinez, GA | 33,750 | 97 | 1.2x |
| Mauldin, SC | 27,055 | 98 | 1.2x |
| Simpsonville, SC | 26,144 | 104 | 1.2x |
| Easley, SC | 24,841 | 96 | 1.1x |
| Wade Hampton, SC | 20,898 | 103 | 1.2x |
| Five Forks, SC | 18,656 | 126 | 1.5x |
| Powdersville, SC | 10,771 | 105 | 1.2x |
| Centerville, SC | 7,049 | 93 | 1.1x |
