Northlake 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.
IndexNorthlakeSouth CarolinaNational
Cost of living index9395100
IndexNorthlakeSouth CarolinaNational
Goods & Services index94101100
Groceries index103109100
Health care index95100100
Housing index9180100
Transportation index8193100
Utilities index95104100
Displayed above is a general overview of the Northlake, SC cost of living index. The overall cost of living index in Northlake, SC is 93, which is 2% lower than the South Carolina average and 7% 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 Northlake, SC are 7% lower than the South Carolina average and 6% lower than the national average.

Did you know?

  • The cost of living in Northlake is 2% lower than the South Carolina average.
  • The cost of living in Northlake is 7% lower than the national average.
  • The cost of housing in Northlake is 9% 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

This is how much you would need to earn in
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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 Northlake, 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 Northlake, SC, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Northlake, 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)
The affordability of the housing market in Northlake, 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 Northlake, SC homeowners, the median income is $80,076. This indicates that a monthly maximum of $1,868 should be spent by homeowners on all housing related costs. Renters have a median income of $53,281. This indicates that renters should have a maximum of $1,243 used for their rent related monthly costs.

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%
For those who live in Northlake, SC and want to know what the true cost of living is, they ought to look at both the South Carolina income tax rate and the South Carolina sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In South Carolina, the sales tax is 6%, while the most you'll pay in surtax is 9%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in South Carolina, the income tax rate ranges between 0% to 7%.

Goods & Services

ItemNorthlakeNational avg.Difference
Haircut $12.75$14.5912.6%
Beauty Salon $40.00$34.6815.3%
Toothpaste $3.52$2.4742.3%
Shampoo $1.09$1.026.7%
Movie $9.13$9.877.5%
Bowling $3.50$4.3920.3%


ItemNorthlakeNational avg.Difference
Ground Beef $4.79$4.487.0%
Fried Chicken $1.55$1.465.9%
Milk $2.60$2.3610.3%
Potatoes $2.82$3.067.9%
Pizza $10.00$9.248.2%
Beer $8.32$8.633.6%

Health Care

ItemNorthlakeNational avg.Difference
Optometrist $100.00$99.780.2%
Doctor $96.33$105.038.3%
Dentist $82.00$88.707.6%
Ibuprofen $10.65$9.4113.2%
Lipitor $277.99$298.506.9%


ItemNorthlakeNational avg.Difference
Home Price $158,600.00$175,700.009.7%
Avg. Mortgage Payment $732.54$1,081.0332.2%
Apartment Rent $868.00$920.005.7%


ItemNorthlakeNational avg.Difference
Gasoline $1.70$2.0918.8%
Tire Balancing $37.00$45.2918.3%


ItemNorthlakeNational avg.Difference
All Electricity$144.62$170.8015.3%
Phone $30.95$28.269.5%
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.
Newry, SC7178-22%
West Pelzer, SC84480-20%
Homeland Park, SC6,57481-19%
Utica, SC1,24781-19%
Belton, SC4,21182-18%
Northlake, SC4,31793-7%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Sauk Centre, MN4,31794-6%
Olivarez, TX4,31770-30%
Springville, NY4,31885-15%
Whiteriver, AZ4,31577-23%
Mitchell, IN4,32084-16%
Northlake, SC4,31793-7%
Source: The Northlake, SC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.