Parker, SC Cost Of Living
Cost Of Living In Parker, SC Summary
Cost of living in Parker 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 Parker 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 Parker is 88, with 100 being the average.
The cost of living index in Parker is 0.9x lower than the national average.
Parker ranks as the #12 cheapest in South Carolina out of 99.
Parker ranks as the #912 cheapest out of 6,489 in the US.
The median home value in Parker is $155,553.
The median income in Parker is $38,607.
Table Of Contents
Parker's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Parker, SC?
According to the most recent data on the cost of living, Parker has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to South Carolina, Parker has a cost of living index that's 0.9x lower than South Carolina's index of 93.
The standard of living in Parker ranks as #12 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Parker ranks as the #87 most expensive place in the Palmetto State.
For more reading on life in Parker, check out:
In South Carolina
In America
Parker Cost Of Living Vs. South Carolina
Six factors go into calculating the cost of living index in Parker. Here is how it fairs on each of the criteria:
The Services index in Parker is 103.
The Groceries index in Parker is 100.
The Health index in Parker is 99.
The Housing index in Parker is 58.
The Transportation index in Parker is 90.
The Utilities index in Parker is 90.
| Living Expense | Parker | South Carolina | National Average | |
|---|---|---|---|---|
| Overall | 88 | 93 | 100 | |
| Services | 103 | 102 | 100 | |
| Groceries | 100 | 97 | 100 | |
| Health | 99 | 92 | 100 | |
| Housing | 58 | 81 | 100 | |
| Transportation | 90 | 92 | 100 | |
| Utilities | 90 | 109 | 100 | |
Parker, 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 Parker is $155,553.
The Median Rent in Parker is $1,066.
The Median Income in Parker is $38,607.
The Home Value To Income in Parker is 4.0x.
The Rent To Monthly Income in Parker is 0.33x.
| Statistic | Parker | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $155,553 | $302,294 | $303,400 |
| Median Rent | $1,066 | $1,126 | $1,348 |
| Median Income | $38,607 | $66,818 | $78,538 |
| Home Value To Income | 4.0x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.33x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Parker, SC Costs By Category
Detailed Parker Services Costs Vs. South Carolina
| Item | Parker | 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 Parker Groceries Costs Vs. South Carolina
| Item | Parker | 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 Parker Health Costs Vs. South Carolina
| Item | Parker | South Carolina |
|---|---|---|
| Optometrist | $120.21 | $125.68 |
| Doctor | $123.75 | $135.78 |
| Dentist | $114.8 | $113.29 |
Detailed Parker Transportation Costs Vs. South Carolina
| Item | Parker | South Carolina |
|---|---|---|
| Gasoline | $3.07 | $3.46 |
| Tire Balancing | $56.5 | $59.92 |
Detailed Parker Utilities Costs Vs. South Carolina
| Item | Parker | South Carolina |
|---|---|---|
| All Electricity | $170.53 | $193.99 |
| Phone | $189.75 | $192.25 |
Parker SnackAbility
/10
Cost Of Living In Cities Around Parker
The cost of living varies in the cities and towns around Parker. Here's a quick look at the cost of living in the most populous nearby places:
Greenville, SC has a cost of living index of 116, 1.3x Parker.
Greer, SC has a cost of living index of 100, 1.1x Parker.
Mauldin, SC has a cost of living index of 100, 1.1x Parker.
| City | Population | Cost Of Living | Vs. Parker |
|---|---|---|---|
| Greenville, SC | 71,755 | 116 | 1.3x |
| Greer, SC | 39,191 | 100 | 1.1x |
| Mauldin, SC | 25,985 | 100 | 1.1x |
| Simpsonville, SC | 25,125 | 99 | 1.1x |
| Easley, SC | 23,942 | 95 | 1.1x |
| Taylors, SC | 23,686 | 98 | 1.1x |
| Wade Hampton, SC | 20,703 | 101 | 1.1x |
| Five Forks, SC | 19,093 | 125 | 1.4x |
| Berea, SC | 16,642 | 92 | 1.0x |
| Gantt, SC | 15,057 | 88 | 1.0x |
