Laurens, SC Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 85, with 100 being the average.

  • The cost of living index in Laurens is 0.8x lower than the national average.

  • Laurens ranks as the #9 cheapest in South Carolina out of 99.

  • Laurens ranks as the #777 cheapest out of 6,412 in the US.

  • The median home value in Laurens is $106,200.

  • The median income in Laurens is $48,574.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
85
Laurens's Overall Cost Of Living
0.8x
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 85, which is 0.8x 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 96.

The standard of living in Laurens ranks as #9 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Laurens ranks as the #90 most expensive place in the Palmetto State.

For more reading on life in Laurens, check out:

9 out of 99
In South Carolina
777 out of 6,412
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 100.

  • The Groceries index in Laurens is 100.

  • The Health index in Laurens is 108.

  • The Housing index in Laurens is 51.

  • The Transportation index in Laurens is 96.

  • The Utilities index in Laurens is 95.

Living Expense Laurens South Carolina National Average
Overall 85 96 100
Services 100 99 100
Groceries 100 100 100
Health 108 96 100
Housing 51 89 100
Transportation 96 90 100
Utilities 95 107 100
For more reading on cost of living around South Carolina, check out:
Laurens Cost of Living Vs. SC

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 2017-2021. The key points are:

  • The Median Home Value in Laurens is $106,200.

  • The Median Rent in Laurens is $752.

  • The Median Income in Laurens is $48,574.

  • The Home Value To Income in Laurens is 2.2x.

  • The Rent To Monthly Income in Laurens is 0.19x.

Statistic Laurens South Carolina United States
Median Home Value $106,200 $181,800 $244,900
Median Rent $752 $970 $1,163
Median Income $48,574 $58,234 $69,021
Home Value To Income 2.2x 3.1x 3.5x
Rent To Monthly Income 0.19x 0.2x 0.2x
Search Homes For Sale In Laurens, SC
$106,200
Median Home Value
$752
Median Rent
$48,574
Median Income

Laurens, SC Costs By Category

Detailed Laurens Services Costs Vs. South Carolina

Item Laurens South Carolina
Shampoo $1.08 $1.06
Movie $8.73 $10.68
Bowling $16.22 $14.67
Haircut $18.76 $18.62
Beauty Salon $40.79 $39.05

Detailed Laurens Groceries Costs Vs. South Carolina

Item Laurens South Carolina
Ground Beef $4.21 $4.22
Fried Chicken $1.22 $1.39
Milk $1.57 $2.05
Potatoes $3.51 $3.29
Pizza $9.67 $10.62
Beer $10.45 $9.38
Toothpaste $2.3 $2.34

Detailed Laurens Health Costs Vs. South Carolina

Item Laurens South Carolina
Optometrist $110.68 $108.57
Doctor $115.7 $116.17
Dentist $115.91 $99.13

Detailed Laurens Transportation Costs Vs. South Carolina

Item Laurens South Carolina
Gasoline $2.05 $2.22
Tire Balancing $49.34 $50.07

Detailed Laurens Utilities Costs Vs. South Carolina

Item Laurens South Carolina
All Electricity $155.03 $167.67
Phone $184.31 $175.64

Laurens SnackAbility

5
/10
Overall SnackAbility
Jobs
6/10
Housing
5
Affordability
8
Diversity
9
Safety
N/A
Amenities
8
Education
5
Commute
8.5

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 94, 1.1x Laurens.

  • Taylors, SC has a cost of living index of 92, 1.1x Laurens.

  • Simpsonville, SC has a cost of living index of 94, 1.1x Laurens.

City Population Cost Of Living Vs. Laurens
Mauldin, SC 24,735 94 1.1x
Taylors, SC 23,348 92 1.1x
Simpsonville, SC 23,190 94 1.1x
Easley, SC 22,643 91 1.1x
Wade Hampton, SC 20,879 94 1.1x
Five Forks, SC 19,158 113 1.3x
Clemson, SC 17,238 97 1.1x
Boiling Springs, SC 10,591 93 1.1x
Powdersville, SC 9,880 97 1.1x
Clinton, SC 7,753 86 1.0x

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