Piedmont 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.
IndexPiedmontSouth CarolinaNational
Cost of living index9195100
IndexPiedmontSouth CarolinaNational
Goods & Services index106101100
Groceries index110109100
Health care index105100100
Housing index6180100
Transportation index9693100
Utilities index98104100
Displayed above is a general overview of the Piedmont, SC cost of living index. The overall cost of living index in Piedmont, SC is 91, which is 4% lower than the South Carolina average and 9% 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 Piedmont, SC are 5% higher than the South Carolina average and 6% higher than the national average.

Did you know?

  • The cost of living in Piedmont is 4% lower than the South Carolina average.
  • The cost of living in Piedmont is 9% lower than the national average.
  • The cost of housing in Piedmont is 39% 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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Compare Piedmont, SC Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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The salary calculator is used in order to provide a comparison of your current salary in Piedmont, SC to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Piedmont, SC, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Piedmont, SC salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$41,813$3,484$976$1,255
Renters$25,339$2,112$591$760
The affordability of the housing market in Piedmont, 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 Piedmont, SC homeowners, the median income is $41,813. This indicates that a monthly maximum of $976 should be spent by homeowners on all housing related costs. Renters have a median income of $25,339. This indicates that renters should have a maximum of $591 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%
One thing to keep in mind when considering the cost of living in Piedmont, 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

ItemPiedmontNational 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%

Groceries

ItemPiedmontNational 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

ItemPiedmontNational 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%

Housing

ItemPiedmontNational avg.Difference
Home Price $96,000.00$175,700.0045.4%
Avg. Mortgage Payment $838.34$1,081.0322.4%
Apartment Rent $707.00$920.0023.2%

Transportation

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

Utilities

ItemPiedmontNational 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.
Princeton, SC6075-25%
City View, SC1,46784-16%
Judson, SC2,02885-15%
West Pelzer, SC84480-20%
Parker, SC11,98788-12%
Piedmont, SC5,39691-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Isanti, MN5,39698-2%
Fox Chapel, PA5,39716161%
Willard, MO5,39589-11%
La Habra Heights, CA5,39818888%
Williamson, AZ5,39812323%
Piedmont, SC5,39691-9%
Source: The Piedmont, SC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.