Laurens, SC Cost Of Living
Cost Of Living In Laurens, SC Summary
Cost of living in Laurens 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 Laurens 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 Laurens is 86, with 100 being the average.
The cost of living index in Laurens is 0.9x lower than the national average.
Laurens ranks as the #7 cheapest in South Carolina out of 99.
Laurens ranks as the #639 cheapest out of 6,489 in the US.
The median home value in Laurens is $173,856.
The median income in Laurens is $55,207.
Table Of Contents
Laurens's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Laurens, SC?
According to the most recent data on the cost of living, Laurens has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to South Carolina, Laurens has a cost of living index that's 0.9x lower than South Carolina's index of 93.
The standard of living in Laurens ranks as #7 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Laurens ranks as the #92 most expensive place in the Palmetto State.
For more reading on life in Laurens, check out:
In South Carolina
In America
Laurens Cost Of Living Vs. South Carolina
Six factors go into calculating the cost of living index in Laurens. Here is how it fairs on each of the criteria:
The Services index in Laurens is 98.
The Groceries index in Laurens is 97.
The Health index in Laurens is 97.
The Housing index in Laurens is 58.
The Transportation index in Laurens is 98.
The Utilities index in Laurens is 93.
| Living Expense | Laurens | South Carolina | National Average | |
|---|---|---|---|---|
| Overall | 86 | 93 | 100 | |
| Services | 98 | 102 | 100 | |
| Groceries | 97 | 97 | 100 | |
| Health | 97 | 92 | 100 | |
| Housing | 58 | 81 | 100 | |
| Transportation | 98 | 92 | 100 | |
| Utilities | 93 | 109 | 100 | |
Laurens, 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 Laurens is $173,856.
The Median Rent in Laurens is $795.
The Median Income in Laurens is $55,207.
The Home Value To Income in Laurens is 3.1x.
The Rent To Monthly Income in Laurens is 0.17x.
| Statistic | Laurens | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $173,856 | $302,294 | $303,400 |
| Median Rent | $795 | $1,126 | $1,348 |
| Median Income | $55,207 | $66,818 | $78,538 |
| Home Value To Income | 3.1x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Laurens, SC Costs By Category
Detailed Laurens Services Costs Vs. South Carolina
| Item | Laurens | South Carolina |
|---|---|---|
| Shampoo | $1.38 | $1.28 |
| Movie | $12.15 | $12.13 |
| Bowling | $16.41 | $18 |
| Haircut | $25.1 | $24.26 |
| Beauty Salon | $45.93 | $45.56 |
Detailed Laurens Groceries Costs Vs. South Carolina
| Item | Laurens | South Carolina |
|---|---|---|
| Ground Beef | $5.46 | $5.84 |
| Fried Chicken | $1.67 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $5.5 | $4.93 |
| Pizza | $10.64 | $12.09 |
| Beer | $10.46 | $10.41 |
| Toothpaste | $3.67 | $3.7 |
Detailed Laurens Health Costs Vs. South Carolina
| Item | Laurens | South Carolina |
|---|---|---|
| Optometrist | $108.14 | $125.68 |
| Doctor | $131.8 | $135.78 |
| Dentist | $103.51 | $113.29 |
Detailed Laurens Transportation Costs Vs. South Carolina
| Item | Laurens | South Carolina |
|---|---|---|
| Gasoline | $3.16 | $3.46 |
| Tire Balancing | $67.1 | $59.92 |
Detailed Laurens Utilities Costs Vs. South Carolina
| Item | Laurens | South Carolina |
|---|---|---|
| All Electricity | $171.72 | $193.99 |
| Phone | $191.25 | $192.25 |
Laurens SnackAbility
/10
Cost Of Living In Cities Around Laurens
The cost of living varies in the cities and towns around Laurens. Here's a quick look at the cost of living in the most populous nearby places:
Mauldin, SC has a cost of living index of 100, 1.2x Laurens.
Simpsonville, SC has a cost of living index of 99, 1.2x Laurens.
Easley, SC has a cost of living index of 95, 1.1x Laurens.
| City | Population | Cost Of Living | Vs. Laurens |
|---|---|---|---|
| Mauldin, SC | 25,985 | 100 | 1.2x |
| Simpsonville, SC | 25,125 | 99 | 1.2x |
| Easley, SC | 23,942 | 95 | 1.1x |
| Taylors, SC | 23,686 | 98 | 1.1x |
| Wade Hampton, SC | 20,703 | 101 | 1.2x |
| Five Forks, SC | 19,093 | 125 | 1.5x |
| Clemson, SC | 17,759 | 106 | 1.2x |
| Boiling Springs, SC | 12,609 | 93 | 1.1x |
| Powdersville, SC | 11,321 | 103 | 1.2x |
| Clinton, SC | 7,624 | 87 | 1.0x |
