Dillon, SC Cost Of Living

Dillon 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.
Index	Dillon	South Carolina	National
Cost of living index	87	97	100
Index	Dillon	South Carolina	National
Goods & Services index	97	106	100
Groceries index	103	103	100
Health care index	121	101	100
Housing index	54	80	100
Transportation index	107	92	100
Utilities index	100	111	100

An overview of the general cost of living index for Dillon, SC is displayed above for your reference. Residents in Dillon, SC enjoy a cost of living index of 87. This index is 10% lower than the South Carolina average, and 13% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Dillon, SC, the average cost of goods and services is 8% lower than it is in South Carolina, and it is 3% lower than the national average.

Did you know?

The cost of living in Dillon is 10% lower than the South Carolina average.
The cost of living in Dillon is 13% lower than the national average.
The cost of housing in Dillon is 46% 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Use the salary calculator to compare your current income in Dillon, SC to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Dillon, SC, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Dillon, SC salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$58,679	$4,890	$1,369	$1,761
Renters	$23,415	$1,951	$546	$703

The affordability of the housing market in Dillon, SC as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Dillon, SC homeowners, the median income is $58,679. This indicates that a monthly maximum of $1,369 should be spent by homeowners on all housing related costs. Renters have a median income of $23,415. This indicates that renters should have a maximum of $546 used for their rent related monthly costs.

South Carolina Sales Tax

State	General Sales Tax	With Max Surtax
South Carolina	6%	9%

South Carolina Income Tax

State	Income Tax (Low)	Income Tax (High)
South Carolina	0%	7%

One thing to keep in mind when considering the cost of living in Dillon, SC is the South Carolina sales tax and South Carolina income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The South Carolina sales tax rate is 6% and the maximum surtax that can be charged is 9%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The South Carolina income tax rates range from 0% to 7%.

Goods & Services

Item	Dillon	National avg.	Difference
Haircut	$14.50	$16.09	9.9%
Beauty Salon	$44.31	$37.33	18.7%
Toothpaste	$3.24	$2.45	32.4%
Shampoo	$1.13	$1.00	12.9%
Movie	$11.63	$10.28	13.1%
Bowling	$3.91	$4.93	20.7%

Groceries

Item	Dillon	National avg.	Difference
Ground Beef	$4.42	$3.80	16.3%
Fried Chicken	$2.14	$1.40	53.4%
Milk	$2.11	$2.01	5.1%
Potatoes	$3.29	$3.01	9.3%
Pizza	$9.83	$9.89	0.6%
Beer	$8.36	$8.90	6.0%

Health Care

Item	Dillon	National avg.	Difference
Optometrist	$126.53	$102.16	23.9%
Doctor	$145.87	$108.36	34.6%
Dentist	$114.73	$92.53	24.0%
Ibuprofen	$9.26	$9.28	0.2%
Lipitor	$438.48	$425.82	3.0%

Housing

Item	Dillon	National avg.	Difference
Home Price	$99,100.00	$184,700.00	46.3%
Avg. Mortgage Payment	$1,067.31	$1,202.44	11.2%
Apartment Rent	$525.00	$949.00	44.7%

Transportation

Item	Dillon	National avg.	Difference
Gasoline	$2.18	$2.24	2.9%
Tire Balancing	$59.69	$46.29	29.0%

Utilities

Item	Dillon	National avg.	Difference
All Electricity	$152.12	$165.96	8.3%
Phone	$32.00	$28.68	11.6%

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, State	Population	Cost of Living Index	National Avg.
Sellers, SC	175	78	-22%
Fairmont, NC	2,704	83	-17%
Marietta, NC	134	83	-17%
Rowland, NC	1,274	84	-16%
Clio, SC	769	83	-17%
Dillon, SC	6,675	87	-13%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Cameron Park, TX	6,677	73	-27%
Red Chute, LA	6,677	89	-11%
East Rochester, NY	6,679	90	-10%
Kimberly, WI	6,679	90	-10%
Scottsburg, IN	6,671	86	-14%
Dillon, SC	6,675	87	-13%

Source: The Dillon, SC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Dillon, SC Cost of Living