Welcome, SC Cost Of Living
Cost Of Living In Welcome, SC Summary
Cost of living in Welcome 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 Welcome 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 Welcome is 90, with 100 being the average.
The cost of living index in Welcome is 0.9x lower than the national average.
Welcome ranks as the #19 cheapest in South Carolina out of 99.
Welcome ranks as the #1,206 cheapest out of 6,489 in the US.
The median home value in Welcome is $209,575.
The median income in Welcome is $61,948.
Table Of Contents
Welcome's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Welcome, SC?
According to the most recent data on the cost of living, Welcome has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to South Carolina, Welcome has a cost of living index that's 1.0x lower than South Carolina's index of 93.
The standard of living in Welcome ranks as #19 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Welcome ranks as the #80 most expensive place in the Palmetto State.
For more reading on life in Welcome, check out:
In South Carolina
In America
Welcome Cost Of Living Vs. South Carolina
Six factors go into calculating the cost of living index in Welcome. Here is how it fairs on each of the criteria:
The Services index in Welcome is 102.
The Groceries index in Welcome is 98.
The Health index in Welcome is 98.
The Housing index in Welcome is 70.
The Transportation index in Welcome is 91.
The Utilities index in Welcome is 93.
| Living Expense | Welcome | South Carolina | National Average | |
|---|---|---|---|---|
| Overall | 90 | 93 | 100 | |
| Services | 102 | 102 | 100 | |
| Groceries | 98 | 97 | 100 | |
| Health | 98 | 92 | 100 | |
| Housing | 70 | 81 | 100 | |
| Transportation | 91 | 92 | 100 | |
| Utilities | 93 | 109 | 100 | |
Welcome, 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 Welcome is $209,575.
The Median Rent in Welcome is $992.
The Median Income in Welcome is $61,948.
The Home Value To Income in Welcome is 3.4x.
The Rent To Monthly Income in Welcome is 0.19x.
| Statistic | Welcome | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $209,575 | $302,294 | $303,400 |
| Median Rent | $992 | $1,126 | $1,348 |
| Median Income | $61,948 | $66,818 | $78,538 |
| Home Value To Income | 3.4x | 4.5x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Welcome, SC Costs By Category
Detailed Welcome Services Costs Vs. South Carolina
| Item | Welcome | 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 |
Detailed Welcome Groceries Costs Vs. South Carolina
| Item | Welcome | 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 |
Detailed Welcome Health Costs Vs. South Carolina
| Item | Welcome | South Carolina |
|---|---|---|
| Optometrist | $120.21 | $125.68 |
| Doctor | $123.75 | $135.78 |
| Dentist | $114.8 | $113.29 |
Detailed Welcome Transportation Costs Vs. South Carolina
| Item | Welcome | South Carolina |
|---|---|---|
| Gasoline | $3.07 | $3.46 |
| Tire Balancing | $56.5 | $59.92 |
Detailed Welcome Utilities Costs Vs. South Carolina
| Item | Welcome | South Carolina |
|---|---|---|
| All Electricity | $170.53 | $193.99 |
| Phone | $189.75 | $192.25 |
Welcome SnackAbility
/10
Cost Of Living In Cities Around Welcome
The cost of living varies in the cities and towns around Welcome. 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, 1.3x Welcome.
Greer, SC has a cost of living index of 100, 1.1x Welcome.
Mauldin, SC has a cost of living index of 100, 1.1x Welcome.
| City | Population | Cost Of Living | Vs. Welcome |
|---|---|---|---|
| Greenville, SC | 71,755 | 116 | 1.3x |
| Greer, SC | 39,191 | 100 | 1.1x |
| Mauldin, SC | 25,985 | 100 | 1.1x |
| Simpsonville, SC | 25,125 | 99 | 1.1x |
| Easley, SC | 23,942 | 95 | 1.1x |
| Taylors, SC | 23,686 | 98 | 1.1x |
| Wade Hampton, SC | 20,703 | 101 | 1.1x |
| Five Forks, SC | 19,093 | 125 | 1.4x |
| Berea, SC | 16,642 | 92 | 1.0x |
| Gantt, SC | 15,057 | 88 | 1.0x |
