Everywhere you turn life is more expensive these days. But, some South Carolina cities expenses are higher than the national average. If you live in South Carolina, on average your household pays over $1700 a month for the most common bills. These include things like mortgages, car loans, utilities, insurance, etc. According to doxoINSIGHTS, a mobile bill pay service, South Carolina ranks 33rd in spending per month. Despite the lower spending, some cities beat the national average of $2003 per month. And, even though cost of living skyrockets, it feels like salaries aren’t keeping up. So, this study compared 85 locations in the Palmetto State to find which ones are most expensive. The 10th most expensive city in South Carolina is Clemson, shelling out $2017 per month on household bills. Fort Mill came in at number 5, with $2166 per month spent on bills. Charleston was just ahead at number 4, spending $2185 monthly. And, not surprising, Hilton Head tops the list at $2569 spent per month.
So, on the flip side, where are the most affordable South Carolina spots to live? The company analyzed those, too. Kingstree took the best spot at $1363 spent per month. Gaffney spent slightly more at $1446, coming in at 6th. And, Darlington spent more at the top of the list with a monthly expense of $1478. See the full list in the online analysis. And, keep in mind, dollar amounts aren’t the end of the story. Percentage of household income spent puts the numbers in perspective. The state’s households spend 41% of income on bills. Other states in the nation cost more to live. However, the average person in those states spends less of their income on bills. Each year, South Carolina residents spend $39 billion on bills. So, taking all this into account, it’s no surprise some South Carolina cities expenses beat the national numbers. However, we enjoy our life here!
You can’t beat a view like that! All things considered, it’s worth it. So, we can’t help but wonder where South Carolinians might retire.
List: The Top 22 Places To Retire In South Carolina