Cost of living in Simpsonville 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 Simpsonville 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 Simpsonville is 94, with 100 being the average.
The cost of living index in Simpsonville is 0.9x lower than the national average.
Simpsonville ranks as the #57 cheapest in South Carolina out of 99.
Simpsonville ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Simpsonville is $208,400.
The median income in Simpsonville is $76,412.
According to the most recent data on the cost of living, Simpsonville has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to South Carolina, Simpsonville has a cost of living index that's 1.0x lower than South Carolina's index of 96.
The standard of living in Simpsonville ranks as #57 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Simpsonville ranks as the #42 most expensive place in the Palmetto State.
For more reading on life in Simpsonville, check out:
Six factors go into calculating the cost of living index in Simpsonville. Here is how it fairs on each of the criteria:
The Services index in Simpsonville is 98.
The Groceries index in Simpsonville is 102.
The Health index in Simpsonville is 98.
The Housing index in Simpsonville is 89.
The Transportation index in Simpsonville is 97.
The Utilities index in Simpsonville is 97.
|Living Expense||Simpsonville||South Carolina||National Average|
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 Simpsonville is $208,400.
The Median Rent in Simpsonville is $1,141.
The Median Income in Simpsonville is $76,412.
The Home Value To Income in Simpsonville is 2.7x.
The Rent To Monthly Income in Simpsonville is 0.18x.
|Statistic||Simpsonville||South Carolina||United States|
|Median Home Value||$208,400||$181,800||$244,900|
|Home Value To Income||2.7x||3.1x||3.5x|
|Rent To Monthly Income||0.18x||0.2x||0.2x|
The cost of living varies in the cities and towns around Simpsonville. 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 106, 1.1x Simpsonville.
Greer, SC has a cost of living index of 92, 1.0x Simpsonville.
Mauldin, SC has a cost of living index of 94, 1.0x Simpsonville.
|City||Population||Cost Of Living||Vs. Simpsonville|
|Wade Hampton, SC||20,879||94||1.0x|
|Five Forks, SC||19,158||113||1.2x|
|Fountain Inn, SC||10,237||91||1.0x|