According to the most recent data on the cost of living, Lake Wylie has an overall cost of living index of 117 which is 1.2x higher than the national index of 100.
Compared to only South Carolina, Lake Wylie has a cost of living index that's 1.3x higher than South Carolina's index of 93.
The standard of living in Lake Wylie ranks as #4,630 most affordable out of the 6,418 places we measured in South Carolina. By definition, that implies Lake Wylie ranks as the #1,789 most expensive place in the Palmetto State.
Living Expense | Lake Wylie | South Carolina | National Average | |
---|---|---|---|---|
Overall | 117 | 93 | 100 | |
Services | 105 | 98 | 100 | |
Groceries | 104 | 105 | 100 | |
Health | 106 | 95 | 100 | |
Housing | 144 | 80 | 100 | |
Transportation | 102 | 94 | 100 | |
Utilities | 97 | 105 | 100 |
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.
Statistic | Lake Wylie | South Carolina | United States |
---|---|---|---|
Median Home Value | $346,100 | $170,100 | $229,800 |
Median Rent | $1,144 | $918 | $1,096 |
Median Income | $103,548 | $54,864 | $64,994 |
Home Value To Income | 3.3x | 3.1x | 3.5x |
Rent To Monthly Income | 0.13x | 0.2x | 0.2x |
Item | Lake Wylie | South Carolina |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $10.0 | $10.68 |
Bowling | $22.35 | $14.67 |
Item | Lake Wylie | South Carolina |
---|---|---|
Ground Beef | $3.88 | $4.22 |
Fried Chicken | $1.46 | $1.39 |
Milk | $1.69 | $2.05 |
Item | Lake Wylie | South Carolina |
---|---|---|
Haircut | $16.9 | $18.62 |
Beauty Salon | $39.1 | $39.05 |
Toothpaste | $2.27 | $2.34 |
Item | Lake Wylie | South Carolina |
---|---|---|
Potatoes | $3.65 | $3.29 |
Pizza | $9.09 | $10.62 |
Beer | $10.42 | $9.38 |
Optometrist | $119.06 | $108.57 |
Doctor | $121.12 | $116.17 |
Dentist | $112.88 | $99.13 |
Item | Lake Wylie | South Carolina |
---|---|---|
Gasoline | $2.35 | $2.22 |
Tire Balancing | $45.59 | $50.07 |
All Electricity | $158.05 | $167.67 |
Phone | $179.94 | $175.64 |
City | Population | Cost Of Living | Vs. Lake Wylie |
---|---|---|---|
Charlotte, NC | 873,570 | 103 | 0.9x |
Gastonia, NC | 76,635 | 97 | 0.8x |
Rock Hill, SC | 74,410 | 96 | 0.8x |
Fort Mill, SC | 19,920 | 104 | 0.9x |
Mount Holly, NC | 15,947 | 96 | 0.8x |
Belmont, NC | 12,292 | 98 | 0.8x |
Weddington, NC | 11,000 | 142 | 1.2x |
Kings Mountain, NC | 10,885 | 92 | 0.8x |
Tega Cay, SC | 10,834 | 117 | 1.0x |
Pineville, NC | 8,923 | 97 | 0.8x |