Five Forks 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.
IndexFive ForksSouth CarolinaNational
Cost of living index11795100
IndexFive ForksSouth CarolinaNational
Goods & Services index106101100
Groceries index110109100
Health care index105100100
Housing index14980100
Transportation index9693100
Utilities index98104100
A general summary of the cost of living index in Five Forks, SC is shown above. Compared to the state average of South Carolina the cost of living index in Five Forks, SC is 117, which is 23% higher than the average in South Carolina and compared to the national average it is 17% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Five Forks, SC goods and services come in at 5% higher than the average in South Carolina and are 6% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Five Forks is 23% higher than the South Carolina average.
  • The cost of living in Five Forks is 17% higher than the national average.
  • The cost of housing in Five Forks is 49% higher 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

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Five Forks, SC to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Five Forks, SC, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Five Forks, SC salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Five Forks, SC, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Five Forks, SC homeowners have a median income of $117,188. Using that number, you will come up with a maximum of $2,734 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $76,333, which means there is a maximum of $1,781 to be spent on the costs of renting a home or apartment.

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%
One thing to keep in mind when considering the cost of living in Five Forks, 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

ItemFive ForksNational avg.Difference
Haircut $16.20$14.5911.0%
Beauty Salon $43.89$34.6826.6%
Toothpaste $3.19$2.4729.0%
Shampoo $1.03$1.020.8%
Movie $10.50$9.876.4%
Bowling $3.89$4.3911.4%


ItemFive ForksNational avg.Difference
Ground Beef $4.93$4.4810.1%
Fried Chicken $1.56$1.466.6%
Milk $2.63$2.3611.6%
Potatoes $3.18$3.063.9%
Pizza $9.59$9.243.8%
Beer $9.35$8.638.3%

Health Care

ItemFive ForksNational avg.Difference
Optometrist $108.40$99.788.6%
Doctor $104.00$105.031.0%
Dentist $94.20$88.706.2%
Ibuprofen $10.74$9.4114.1%
Lipitor $311.55$298.504.4%


ItemFive ForksNational avg.Difference
Home Price $258,900.00$175,700.0047.4%
Avg. Mortgage Payment $838.34$1,081.0322.4%
Apartment Rent $1,407.00$920.0052.9%


ItemFive ForksNational avg.Difference
Gasoline $1.90$2.099.3%
Tire Balancing $49.31$45.298.9%


ItemFive ForksNational avg.Difference
All Electricity$148.43$170.8013.1%
Phone $31.84$28.2612.7%
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.
Southern Shops, SC4,39483-17%
City View, SC1,46784-16%
Judson, SC2,02885-15%
Fairforest, SC1,72885-15%
Saxon, SC3,60386-14%
Five Forks, SC16,17311717%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Vienna, VA16,17316161%
Donna, TX16,16967-33%
South River, NJ16,17712222%
Willow Grove, PA16,18512121%
Shorewood, IL16,18611212%
Five Forks, SC16,17311717%
Source: The Five Forks, SC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.