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 93, which is 0.9x lower than the national index of 100.
Compared to South Carolina, Red Bank has a cost of living index that's 1.0x higher than South Carolina's index of 92.
The standard of living in Red Bank ranks as #32 most affordable out of the 98 places we measured in South Carolina. By definition, that implies Red Bank ranks as the #66 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
Six factors go into calculating the cost of living index in Red Bank. Here is how it fares on each of the criteria:
The Services index in Red Bank is 99.
The Groceries index in Red Bank is 102.
The Health index in Red Bank is 75.
The Housing index in Red Bank is 100.
The Transportation index in Red Bank is 105.
The Utilities index in Red Bank is 93.
| Living Expense | Red Bank | South Carolina | National Average |
|---|---|---|---|
| Overall | 93 | 92 | 100 |
| Services | 99 | 97 | 100 |
| Groceries | 102 | 96 | 100 |
| Health | 75 | 82 | 100 |
| Housing | 100 | 101 | 100 |
| Transportation | 105 | 101 | 100 |
| Utilities | 93 | 97 | 100 |
Red Bank Cost Of Living Compared To South Carolina Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around South Carolina, check out:
- Most Expensive Cities In South Carolina
- Most Affordable Cities In South Carolina
- Average Rent In South Carolina
Source: Cost-of-living index 2026, normalized to US average = 100
Red Bank, 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 2020-2024. The key points are:
The Median Home Value in Red Bank is $221,898.
The Median Rent in Red Bank is $1,160.
The Median Income in Red Bank is $68,004.
The Home Value To Income in Red Bank is 3.3x.
The Rent To Monthly Income in Red Bank is 0.2x.
| Statistic | Red Bank | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $221,898 | $304,083 | $332,700 |
| Median Rent | $1,160 | $1,180 | $1,413 |
| Median Income | $68,004 | $69,324 | $80,734 |
| Home Value To Income | 3.3x | 4.4x | 4.1x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.21x |
Red Bank, SC Costs By Category
Detailed Red Bank Services costs vs. South Carolina
| Item | Red Bank | 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 Red Bank Groceries costs vs. South Carolina
| Item | Red Bank | 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 Red Bank Health costs vs. South Carolina
| Item | Red Bank | South Carolina |
|---|---|---|
| Optometrist | $59.0 | $125.68 |
| Doctor | $150.0 | $135.78 |
| Dentist | $78.33 | $113.29 |
Detailed Red Bank Transportation costs vs. South Carolina
| Item | Red Bank | South Carolina |
|---|---|---|
| Gasoline | $3.22 | $3.46 |
| Tire Balancing | $32.03 | $59.92 |
Detailed Red Bank Utilities costs vs. South Carolina
| Item | Red Bank | South Carolina |
|---|---|---|
| All Electricity | $290.58 | $193.99 |
| Phone | $192.75 | $192.25 |
Red Bank SnackAbility
Cost Of Living In Cities Around Red Bank
The cost of living varies in the cities and towns around Red Bank. Here's a quick look at the cost of living in the most populous nearby places:
Lexington, SC has a cost of living index of 102, 1.1x Red Bank.
St. Andrews, SC has a cost of living index of 88, 0.9x Red Bank.
West Columbia, SC has a cost of living index of 95, 1.0x Red Bank.
| City | Population | Cost Of Living | Vs. Red Bank |
|---|---|---|---|
| Lexington, SC | 24,585 | 102 | 1.1x |
| St. Andrews, SC | 19,868 | 88 | 0.9x |
| West Columbia, SC | 17,963 | 95 | 1.0x |
| Seven Oaks, SC | 15,921 | 98 | 1.1x |
| Dentsville, SC | 15,209 | 91 | 1.0x |
| Cayce, SC | 13,741 | 94 | 1.0x |
| Oak Grove, SC | 12,256 | 93 | 1.0x |
| Irmo, SC | 11,813 | 98 | 1.1x |
| Forest Acres, SC | 10,530 | 100 | 1.1x |
| Woodfield, SC | 9,465 | 94 | 1.0x |
