Cost of living in Wade Hampton 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 Wade Hampton 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 Wade Hampton is 101, with 100 being the average.
The cost of living index in Wade Hampton is 1.0x higher than the national average.
Wade Hampton ranks as the #69 cheapest in South Carolina out of 99.
Wade Hampton ranks as the #2,735 cheapest out of 6,489 in the US.
The median home value in Wade Hampton is $374,579.
The median income in Wade Hampton is $75,522.
According to the most recent data on the cost of living, Wade Hampton has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to South Carolina, Wade Hampton has a cost of living index that's 1.1x higher than South Carolina's index of 93.
The standard of living in Wade Hampton ranks as #69 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Wade Hampton ranks as the #30 most expensive place in the Palmetto State.
For more reading on life in Wade Hampton, check out:
Six factors go into calculating the cost of living index in Wade Hampton. Here is how it fairs on each of the criteria:
The Services index in Wade Hampton is 102.
The Groceries index in Wade Hampton is 97.
The Health index in Wade Hampton is 101.
The Housing index in Wade Hampton is 115.
The Transportation index in Wade Hampton is 91.
The Utilities index in Wade Hampton is 93.
| Living Expense | Wade Hampton | South Carolina | National Average | |
|---|---|---|---|---|
| Overall | 101 | 93 | 100 | |
| Services | 102 | 102 | 100 | |
| Groceries | 97 | 97 | 100 | |
| Health | 101 | 92 | 100 | |
| Housing | 115 | 81 | 100 | |
| Transportation | 91 | 92 | 100 | |
| Utilities | 93 | 109 | 100 | |
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 Wade Hampton is $374,579.
The Median Rent in Wade Hampton is $1,064.
The Median Income in Wade Hampton is $75,522.
The Home Value To Income in Wade Hampton is 5.0x.
The Rent To Monthly Income in Wade Hampton is 0.17x.
| Statistic | Wade Hampton | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $374,579 | $302,294 | $303,400 |
| Median Rent | $1,064 | $1,126 | $1,348 |
| Median Income | $75,522 | $66,818 | $78,538 |
| Home Value To Income | 5.0x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
| Item | Wade Hampton | 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 |
| Item | Wade Hampton | 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 |
| Item | Wade Hampton | South Carolina |
|---|---|---|
| Optometrist | $120.21 | $125.68 |
| Doctor | $123.75 | $135.78 |
| Dentist | $114.8 | $113.29 |
| Item | Wade Hampton | South Carolina |
|---|---|---|
| Gasoline | $3.07 | $3.46 |
| Tire Balancing | $56.5 | $59.92 |
| Item | Wade Hampton | South Carolina |
|---|---|---|
| All Electricity | $170.53 | $193.99 |
| Phone | $189.75 | $192.25 |
The cost of living varies in the cities and towns around Wade Hampton. 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, 1.1x Wade Hampton.
Greer, SC has a cost of living index of 100, 1.0x Wade Hampton.
Mauldin, SC has a cost of living index of 100, 1.0x Wade Hampton.
| City | Population | Cost Of Living | Vs. Wade Hampton |
|---|---|---|---|
| Greenville, SC | 71,755 | 116 | 1.1x |
| Greer, SC | 39,191 | 100 | 1.0x |
| Mauldin, SC | 25,985 | 100 | 1.0x |
| Simpsonville, SC | 25,125 | 99 | 1.0x |
| Easley, SC | 23,942 | 95 | 0.9x |
| Taylors, SC | 23,686 | 98 | 1.0x |
| Five Forks, SC | 19,093 | 125 | 1.2x |
| Berea, SC | 16,642 | 92 | 0.9x |
| Gantt, SC | 15,057 | 88 | 0.9x |
| Parker, SC | 12,564 | 88 | 0.9x |