Valley Falls, SC Cost Of Living
Cost Of Living In Valley Falls, SC Summary
Cost of living in Valley Falls 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 Valley Falls 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 Valley Falls is 91, with 100 being the average.
The cost of living index in Valley Falls is 0.9x lower than the national average.
Valley Falls ranks as the #26 cheapest in South Carolina out of 99.
Valley Falls ranks as the #1,347 cheapest out of 6,489 in the US.
The median home value in Valley Falls is $293,226.
The median income in Valley Falls is $55,671.
Table Of Contents
Valley Falls's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Valley Falls, SC?
According to the most recent data on the cost of living, Valley Falls has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to South Carolina, Valley Falls has a cost of living index that's 1.0x lower than South Carolina's index of 93.
The standard of living in Valley Falls ranks as #26 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Valley Falls ranks as the #73 most expensive place in the Palmetto State.
For more reading on life in Valley Falls, check out:
In South Carolina
In America
Valley Falls Cost Of Living Vs. South Carolina
Six factors go into calculating the cost of living index in Valley Falls. Here is how it fairs on each of the criteria:
The Services index in Valley Falls is 97.
The Groceries index in Valley Falls is 96.
The Health index in Valley Falls is 98.
The Housing index in Valley Falls is 85.
The Transportation index in Valley Falls is 98.
The Utilities index in Valley Falls is 93.
| Living Expense | Valley Falls | South Carolina | National Average | |
|---|---|---|---|---|
| Overall | 91 | 93 | 100 | |
| Services | 97 | 102 | 100 | |
| Groceries | 96 | 97 | 100 | |
| Health | 98 | 92 | 100 | |
| Housing | 85 | 81 | 100 | |
| Transportation | 98 | 92 | 100 | |
| Utilities | 93 | 109 | 100 | |
Valley Falls, 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 Valley Falls is $293,226.
The Median Rent in Valley Falls is $955.
The Median Income in Valley Falls is $55,671.
The Home Value To Income in Valley Falls is 5.3x.
The Rent To Monthly Income in Valley Falls is 0.21x.
| Statistic | Valley Falls | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $293,226 | $302,294 | $303,400 |
| Median Rent | $955 | $1,126 | $1,348 |
| Median Income | $55,671 | $66,818 | $78,538 |
| Home Value To Income | 5.3x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Valley Falls, SC Costs By Category
Detailed Valley Falls Services Costs Vs. South Carolina
| Item | Valley Falls | South Carolina |
|---|---|---|
| Shampoo | $1.38 | $1.28 |
| Movie | $12.15 | $12.13 |
| Bowling | $16.41 | $18 |
| Haircut | $25.1 | $24.26 |
| Beauty Salon | $45.93 | $45.56 |
Detailed Valley Falls Groceries Costs Vs. South Carolina
| Item | Valley Falls | South Carolina |
|---|---|---|
| Ground Beef | $5.46 | $5.84 |
| Fried Chicken | $1.67 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $5.5 | $4.93 |
| Pizza | $10.64 | $12.09 |
| Beer | $10.46 | $10.41 |
| Toothpaste | $3.67 | $3.7 |
Detailed Valley Falls Health Costs Vs. South Carolina
| Item | Valley Falls | South Carolina |
|---|---|---|
| Optometrist | $108.14 | $125.68 |
| Doctor | $131.8 | $135.78 |
| Dentist | $103.51 | $113.29 |
Detailed Valley Falls Transportation Costs Vs. South Carolina
| Item | Valley Falls | South Carolina |
|---|---|---|
| Gasoline | $3.16 | $3.46 |
| Tire Balancing | $67.1 | $59.92 |
Detailed Valley Falls Utilities Costs Vs. South Carolina
| Item | Valley Falls | South Carolina |
|---|---|---|
| All Electricity | $171.72 | $193.99 |
| Phone | $191.25 | $192.25 |
Valley Falls SnackAbility
/10
Cost Of Living In Cities Around Valley Falls
The cost of living varies in the cities and towns around Valley Falls. Here's a quick look at the cost of living in the most populous nearby places:
Greer, SC has a cost of living index of 100, 1.1x Valley Falls.
Spartanburg, SC has a cost of living index of 92, 1.0x Valley Falls.
Five Forks, SC has a cost of living index of 125, 1.4x Valley Falls.
| City | Population | Cost Of Living | Vs. Valley Falls |
|---|---|---|---|
| Greer, SC | 39,191 | 100 | 1.1x |
| Spartanburg, SC | 38,578 | 92 | 1.0x |
| Five Forks, SC | 19,093 | 125 | 1.4x |
| Gaffney, SC | 12,612 | 87 | 1.0x |
| Boiling Springs, SC | 12,609 | 93 | 1.0x |
