Red Hill 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.
IndexRed HillSouth CarolinaNational
Cost of living index9897100
IndexRed HillSouth CarolinaNational
Goods & Services index99105100
Groceries index103105100
Health care index113101100
Housing index9080100
Transportation index10196100
Utilities index100107100
A general overview of the cost of living index for Red Hill, SC is displayed above. In Red Hill, SC, the overall cost of living index is 98, which is 1% higher than the South Carolina average and 2% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Red Hill, SC, the city's goods and services are 6% lower than the South Carolina average and 1% lower than the U.S. average.

Did you know?

  • The cost of living in Red Hill is 1% higher than the South Carolina average.
  • The cost of living in Red Hill is 2% lower than the national average.
  • The cost of housing in Red Hill is 10% 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 Red Hill, SC Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Red Hill, 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 Red Hill, SC, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Red Hill, 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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$50,370$4,198$1,175$1,511
Renters$24,234$2,020$565$727
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Red Hill, 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 Red Hill, SC homeowners have a median income of $50,370. Using that number, you will come up with a maximum of $1,175 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $24,234, which means there is a maximum of $565 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 Red Hill, 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

ItemRed HillNational avg.Difference
Haircut $14.22$15.568.6%
Beauty Salon $41.53$36.1115.0%
Toothpaste $2.12$2.4714.3%
Shampoo $1.00$0.963.3%
Movie $11.29$10.1311.5%
Bowling $3.90$4.7417.7%

Groceries

ItemRed HillNational avg.Difference
Ground Beef $4.72$3.9818.5%
Fried Chicken $1.36$1.413.1%
Milk $1.97$2.064.5%
Potatoes $3.34$2.9812.0%
Pizza $9.13$9.473.6%
Beer $8.69$8.791.1%

Health Care

ItemRed HillNational avg.Difference
Optometrist $110.28$101.049.1%
Doctor $140.44$107.4430.7%
Dentist $101.50$90.4212.3%
Ibuprofen $8.83$9.284.9%
Lipitor $427.77$426.500.3%

Housing

ItemRed HillNational avg.Difference
Home Price $159,200.00$175,700.009.4%
Avg. Mortgage Payment $958.55$1,133.2315.4%
Apartment Rent $826.00$920.0010.2%

Transportation

ItemRed HillNational avg.Difference
Gasoline $1.96$1.991.6%
Tire Balancing $48.95$45.767.0%

Utilities

ItemRed HillNational avg.Difference
All Electricity$167.71$163.812.4%
Phone $28.00$28.391.4%
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.
Bucksport, SC76086-14%
Aynor, SC74893-7%
Conway, SC18,64594-6%
Socastee, SC20,49696-4%
Forestbrook, SC4,53997-3%
Red Hill, SC14,56598-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Washougal, WA14,56311414%
College, AK14,56813232%
Thibodaux, LA14,57092-8%
Avon, IN14,57091-9%
Bull Run, VA14,57011616%
Red Hill, SC14,56598-2%
Source: The Red Hill, SC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.