Newberry, SC Cost Of Living
Cost Of Living In Newberry, SC Summary
Cost of living in Newberry 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 Newberry 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 Newberry is 88, with 100 being the average.
The cost of living index in Newberry is 0.9x lower than the national average.
Newberry ranks as the #12 cheapest in South Carolina out of 99.
Newberry ranks as the #912 cheapest out of 6,489 in the US.
The median home value in Newberry is $161,026.
The median income in Newberry is $47,885.
Table Of Contents
Newberry's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Newberry, SC?
According to the most recent data on the cost of living, Newberry has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to South Carolina, Newberry has a cost of living index that's 0.9x lower than South Carolina's index of 93.
The standard of living in Newberry ranks as #12 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Newberry ranks as the #87 most expensive place in the Palmetto State.
For more reading on life in Newberry, check out:
In South Carolina
In America
Newberry Cost Of Living Vs. South Carolina
Six factors go into calculating the cost of living index in Newberry. Here is how it fairs on each of the criteria:
The Services index in Newberry is 97.
The Groceries index in Newberry is 97.
The Health index in Newberry is 85.
The Housing index in Newberry is 61.
The Transportation index in Newberry is 82.
The Utilities index in Newberry is 132.
| Living Expense | Newberry | South Carolina | National Average | |
|---|---|---|---|---|
| Overall | 88 | 93 | 100 | |
| Services | 97 | 102 | 100 | |
| Groceries | 97 | 97 | 100 | |
| Health | 85 | 92 | 100 | |
| Housing | 61 | 81 | 100 | |
| Transportation | 82 | 92 | 100 | |
| Utilities | 132 | 109 | 100 | |
Newberry, 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 Newberry is $161,026.
The Median Rent in Newberry is $837.
The Median Income in Newberry is $47,885.
The Home Value To Income in Newberry is 3.4x.
The Rent To Monthly Income in Newberry is 0.21x.
| Statistic | Newberry | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $161,026 | $302,294 | $303,400 |
| Median Rent | $837 | $1,126 | $1,348 |
| Median Income | $47,885 | $66,818 | $78,538 |
| Home Value To Income | 3.4x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Newberry, SC Costs By Category
Detailed Newberry Services Costs Vs. South Carolina
| Item | Newberry | South Carolina |
|---|---|---|
| Shampoo | $1.33 | $1.28 |
| Movie | $12.93 | $12.13 |
| Bowling | $24.33 | $18 |
| Haircut | $20.75 | $24.26 |
| Beauty Salon | $30.56 | $45.56 |
Detailed Newberry Groceries Costs Vs. South Carolina
| Item | Newberry | South Carolina |
|---|---|---|
| Ground Beef | $6.15 | $5.84 |
| Fried Chicken | $1.67 | $1.57 |
| Milk | $4.61 | $4.67 |
| Potatoes | $5.5 | $4.93 |
| Pizza | $10.35 | $12.09 |
| Beer | $10.53 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
Detailed Newberry Health Costs Vs. South Carolina
| Item | Newberry | South Carolina |
|---|---|---|
| Optometrist | $59.0 | $125.68 |
| Doctor | $150.0 | $135.78 |
| Dentist | $78.33 | $113.29 |
Detailed Newberry Transportation Costs Vs. South Carolina
| Item | Newberry | South Carolina |
|---|---|---|
| Gasoline | $3.22 | $3.46 |
| Tire Balancing | $32.03 | $59.92 |
Detailed Newberry Utilities Costs Vs. South Carolina
| Item | Newberry | South Carolina |
|---|---|---|
| All Electricity | $290.58 | $193.99 |
| Phone | $192.75 | $192.25 |
Newberry SnackAbility
/10
Cost Of Living In Cities Around Newberry
The cost of living varies in the cities and towns around Newberry. Here's a quick look at the cost of living in the most populous nearby places:
Simpsonville, SC has a cost of living index of 99, 1.1x Newberry.
Lexington, SC has a cost of living index of 102, 1.2x Newberry.
West Columbia, SC has a cost of living index of 95, 1.1x Newberry.
| City | Population | Cost Of Living | Vs. Newberry |
|---|---|---|---|
| Simpsonville, SC | 25,125 | 99 | 1.1x |
| Lexington, SC | 24,132 | 102 | 1.2x |
| West Columbia, SC | 17,723 | 95 | 1.1x |
| Seven Oaks, SC | 15,990 | 97 | 1.1x |
| Cayce, SC | 13,718 | 96 | 1.1x |
| Oak Grove, SC | 12,031 | 97 | 1.1x |
| Irmo, SC | 11,799 | 96 | 1.1x |
| Red Bank, SC | 10,950 | 94 | 1.1x |
| Forest Acres, SC | 10,491 | 103 | 1.2x |
| Woodfield, SC | 9,901 | 94 | 1.1x |
