Red Bank, SC Cost Of Living

Demographics | Cost Of Living
Updated: 2021-02-06
91
Red Bank's Overall Cost Of Living
0.9x
Lower Than The National Average
36 out of 98
In South Carolina
1,886 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Red Bank is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Red Bank, SC?

According to the most recent data on the cost of living, Red Bank has an overall cost of living index of 91 which is 0.9x lower than the national index of 100.

Compared to only South Carolina, Red Bank has a cost of living index that's 1.0x lower than South Carolina's index of 94.

The standard of living in Red Bank ranks as #1,887 most affordable out of the 6,522 places we measured in South Carolina. By definition, that implies Red Bank ranks as the #4,520 most expensive place in the Palmetto State.

For more reading on life in Red Bank, check out:

Red Bank Cost Of Living Vs. South Carolina

Living Expense Red Bank South Carolina National Average
Overall 91 94 100
Services 97 102 100
Groceries 104 102 100
Health 75 95 100
Housing 73 80 100
Transportation 86 90 100
Utilities 127 107 100
For more reading on cost of living around South Carolina, check out:
Red Bank Cost of Living Vs. SC

Red Bank, SC Housing Cost Breakdown

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.

$127,800
Median Home Value
$744
Median Rent
$53,693
Median Income
Statistic Red Bank South Carolina United States
Median Home Value $127,800 $162,300 $217,500
Median Rent $744 $894 $1,062
Median Income $53,693 $53,199 $62,843
Home Value To Income 2.4x 3.1x 3.5x
Rent To Monthly Income 0.17x 0.2x 0.2x

Detailed Red Bank Services Costs Vs. South Carolina

Item Red Bank South Carolina
Shampoo $1.0 $1.01
Movie $11.07 $10.72
Bowling $16.5 $13.86

Detailed Red Bank Groceries Costs Vs. South Carolina

Item Red Bank South Carolina
Ground Beef $3.71 $3.9
Fried Chicken $1.22 $1.4
Milk $2.06 $1.96

Detailed Red Bank Health Costs Vs. South Carolina

Item Red Bank South Carolina
Haircut $14.0 $17.49
Beauty Salon $38.25 $38.17
Toothpaste $2.82 $2.32

Detailed Red Bank Transportation Costs Vs. South Carolina

Item Red Bank South Carolina
Potatoes $3.96 $3.18
Pizza $12.35 $10.39
Beer $9.17 $9.23
Optometrist $55.0 $106.34
Doctor $102.0 $115.25
Dentist $63.17 $98.38

Detailed Red Bank Utilities Costs Vs. South Carolina

Item Red Bank South Carolina
Gasoline $2.33 $2.59
Tire Balancing $40.0 $48.9
All Electricity $246.8 $167.6
Phone $182.56 $163.42

Red Bank SnackAbility

5
/10
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
8.5
Diversity
8
Safety
N/A
Amenities
8
Education
6
Commute
7

Cost Of Living In Cities Around Red Bank

City Population Cost Of Living Vs. Red Bank
Lexington, SC 21,334 99 1.1x
St. Andrews, SC 20,990 89 1.0x
West Columbia, SC 17,641 93 1.0x
Seven Oaks, SC 15,484 93 1.0x
Dentsville, SC 15,153 91 1.0x
Cayce, SC 13,600 92 1.0x
Irmo, SC 12,215 94 1.0x
Oak Grove, SC 10,835 93 1.0x
Forest Acres, SC 10,412 99 1.1x
Woodfield, SC 9,459 90 1.0x

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