Homeland Park, SC Cost Of Living
Cost Of Living In Homeland Park, SC Summary
Cost of living in Homeland Park 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 Homeland Park 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 Homeland Park is 84, with 100 being the average.
The cost of living index in Homeland Park is 0.8x lower than the national average.
Homeland Park ranks as the #3 cheapest in South Carolina out of 99.
Homeland Park ranks as the #406 cheapest out of 6,489 in the US.
The median home value in Homeland Park is $129,500.
The median income in Homeland Park is $38,079.
Table Of Contents
Homeland Park's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Homeland Park, SC?
According to the most recent data on the cost of living, Homeland Park has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to South Carolina, Homeland Park has a cost of living index that's 0.9x lower than South Carolina's index of 93.
The standard of living in Homeland Park ranks as #3 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Homeland Park ranks as the #96 most expensive place in the Palmetto State.
For more reading on life in Homeland Park, check out:
In South Carolina
In America
Homeland Park Cost Of Living Vs. South Carolina
Six factors go into calculating the cost of living index in Homeland Park. Here is how it fairs on each of the criteria:
The Services index in Homeland Park is 102.
The Groceries index in Homeland Park is 100.
The Health index in Homeland Park is 101.
The Housing index in Homeland Park is 46.
The Transportation index in Homeland Park is 90.
The Utilities index in Homeland Park is 93.
| Living Expense | Homeland Park | South Carolina | National Average | |
|---|---|---|---|---|
| Overall | 84 | 93 | 100 | |
| Services | 102 | 102 | 100 | |
| Groceries | 100 | 97 | 100 | |
| Health | 101 | 92 | 100 | |
| Housing | 46 | 81 | 100 | |
| Transportation | 90 | 92 | 100 | |
| Utilities | 93 | 109 | 100 | |
Homeland Park, 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 Homeland Park is $129,500.
The Median Rent in Homeland Park is $809.
The Median Income in Homeland Park is $38,079.
The Home Value To Income in Homeland Park is 3.4x.
The Rent To Monthly Income in Homeland Park is 0.25x.
| Statistic | Homeland Park | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $129,500 | $302,294 | $303,400 |
| Median Rent | $809 | $1,126 | $1,348 |
| Median Income | $38,079 | $66,818 | $78,538 |
| Home Value To Income | 3.4x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.25x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Homeland Park, SC Costs By Category
Detailed Homeland Park Services Costs Vs. South Carolina
| Item | Homeland Park | 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 Homeland Park Groceries Costs Vs. South Carolina
| Item | Homeland Park | 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 Homeland Park Health Costs Vs. South Carolina
| Item | Homeland Park | South Carolina |
|---|---|---|
| Optometrist | $120.21 | $125.68 |
| Doctor | $123.75 | $135.78 |
| Dentist | $114.8 | $113.29 |
Detailed Homeland Park Transportation Costs Vs. South Carolina
| Item | Homeland Park | South Carolina |
|---|---|---|
| Gasoline | $3.07 | $3.46 |
| Tire Balancing | $56.5 | $59.92 |
Detailed Homeland Park Utilities Costs Vs. South Carolina
| Item | Homeland Park | South Carolina |
|---|---|---|
| All Electricity | $170.53 | $193.99 |
| Phone | $189.75 | $192.25 |
Homeland Park SnackAbility
/10
Cost Of Living In Cities Around Homeland Park
The cost of living varies in the cities and towns around Homeland Park. Here's a quick look at the cost of living in the most populous nearby places:
Anderson, SC has a cost of living index of 90, 1.1x Homeland Park.
Mauldin, SC has a cost of living index of 100, 1.2x Homeland Park.
Simpsonville, SC has a cost of living index of 99, 1.2x Homeland Park.
| City | Population | Cost Of Living | Vs. Homeland Park |
|---|---|---|---|
| Anderson, SC | 29,563 | 90 | 1.1x |
| Mauldin, SC | 25,985 | 100 | 1.2x |
| Simpsonville, SC | 25,125 | 99 | 1.2x |
| Taylors, SC | 23,686 | 98 | 1.2x |
| Wade Hampton, SC | 20,703 | 101 | 1.2x |
| Five Forks, SC | 19,093 | 125 | 1.5x |
| Clemson, SC | 17,759 | 106 | 1.3x |
| Powdersville, SC | 11,321 | 103 | 1.2x |
| Toccoa, GA | 9,173 | 85 | 1.0x |
| Commerce, GA | 7,684 | 94 | 1.1x |
