Camden cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexCamdenSouth CarolinaNational
Cost of living index9895100
IndexCamdenSouth CarolinaNational
Goods & Services index102101100
Groceries index111109100
Health care index98100100
Housing index8980100
Transportation index9693100
Utilities index98104100
Displayed above is a general overview of the Camden, SC cost of living index. The overall cost of living index in Camden, SC is 98, which is 3% higher than the South Carolina average and 2% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Camden, SC are 2% higher than the South Carolina average and 2% higher than the national average.

Did you know?

  • The cost of living in Camden is 3% higher than the South Carolina average.
  • The cost of living in Camden is 2% lower than the national average.
  • The cost of housing in Camden is 11% lower than the national average.
  • South Carolina general sales tax is 18% higher than the national average.
  • South Carolina state income tax is 100% lower than the national average.

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Salary Calculator

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Health care index
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The salary calculator allows you to compare how much your current salary in Camden, SC would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Camden, SC, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Camden, SC salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$63,631$5,303$1,485$1,909
Renters$24,194$2,016$564$726
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Camden, SC, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Camden, SC has a median income of about $63,631 for people who own homes. Based on that number, a person should spend a maximum of $1,485 on expenses related to housing. Renters have a slightly different median income, which is $24,194. Based on this average, renters should spend no more than $564 on all of their rental costs if they want to maintain a non-impoverished standard of living.

South Carolina Sales Tax

StateGeneral Sales TaxWith Max Surtax
South Carolina6%9%

South Carolina Income Tax

StateIncome Tax (Low)Income Tax (High)
South Carolina0%7%
When assessing the complete cost of living in Camden, SC, the South Carolina income tax and the South Carolina sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The South Carolina maximum surtax is 9%, and the South Carolina sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 7% in South Carolina.

Goods & Services

ItemCamdenNational avg.Difference
Haircut $17.33$14.5918.8%
Beauty Salon $38.33$34.6810.5%
Toothpaste $3.46$2.4739.9%
Shampoo $1.34$1.0231.1%
Movie $13.26$9.8734.4%
Bowling $3.88$4.3911.7%

Groceries

ItemCamdenNational avg.Difference
Ground Beef $5.49$4.4822.6%
Fried Chicken $1.49$1.461.8%
Milk $2.77$2.3617.5%
Potatoes $3.59$3.0617.3%
Pizza $7.99$9.2413.6%
Beer $8.41$8.632.6%

Health Care

ItemCamdenNational avg.Difference
Optometrist $97.50$99.782.3%
Doctor $97.50$105.037.2%
Dentist $85.00$88.704.2%
Ibuprofen $9.49$9.410.8%
Lipitor $319.22$298.506.9%

Housing

ItemCamdenNational avg.Difference
Home Price $155,900.00$175,700.0011.3%
Avg. Mortgage Payment $734.00$1,081.0332.1%
Apartment Rent $822.00$920.0010.7%

Transportation

ItemCamdenNational avg.Difference
Gasoline $2.00$2.094.4%
Tire Balancing $44.00$45.292.8%

Utilities

ItemCamdenNational avg.Difference
All Electricity$178.74$170.804.7%
Phone $24.99$28.2611.6%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Rembert, SC23180-20%
Bethune, SC30887-13%
Lugoff, SC8,03993-7%
Boykin, SC11412222%
Camden, SC6,93198-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Clinton, IL6,93182-18%
South Monrovia Island, CA6,92912828%
Myers Corner, NY6,92714040%
Live Oak, FL6,92781-19%
Mount Ivy, NY6,92612828%
Camden, SC6,93198-2%
Source: The Camden, SC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.