Sumter 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.
IndexSumterSouth CarolinaNational
Cost of living index9697100
IndexSumterSouth CarolinaNational
Goods & Services index111105100
Groceries index98105100
Health care index93101100
Housing index7780100
Transportation index9896100
Utilities index106107100
Displayed above is a general overview of the Sumter, SC cost of living index. The overall cost of living index in Sumter, SC is 96, which is equal to the South Carolina average and 4% 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 Sumter, SC are 5% higher than the South Carolina average and 11% higher than the national average.

Did you know?

  • The cost of living in Sumter is equal to the South Carolina average.
  • The cost of living in Sumter is 4% lower than the national average.
  • The cost of housing in Sumter is 23% 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
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The salary calculator is used in order to provide a comparison of your current salary in Sumter, 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 Sumter, SC, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Sumter, 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$53,750$4,479$1,254$1,613
Renters$27,756$2,313$648$833
The affordability of the housing market in Sumter, 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 Sumter, SC homeowners, the median income is $53,750. This indicates that a monthly maximum of $1,254 should be spent by homeowners on all housing related costs. Renters have a median income of $27,756. This indicates that renters should have a maximum of $648 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%
When assessing the complete cost of living in Sumter, SC, the South Carolina income tax and the South Carolina sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The South Carolina maximum surtax is 9%, and the South Carolina sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 7% in South Carolina.

Goods & Services

ItemSumterNational avg.Difference
Haircut $15.85$15.561.8%
Beauty Salon $50.53$36.1139.9%
Toothpaste $2.77$2.4712.2%
Shampoo $0.92$0.965.1%
Movie $11.42$10.1312.8%
Bowling $4.58$4.743.3%

Groceries

ItemSumterNational avg.Difference
Ground Beef $4.14$3.983.8%
Fried Chicken $1.14$1.4119.1%
Milk $1.75$2.0615.3%
Potatoes $3.21$2.987.6%
Pizza $11.81$9.4724.7%
Beer $8.96$8.791.9%

Health Care

ItemSumterNational avg.Difference
Optometrist $103.96$101.042.9%
Doctor $87.34$107.4418.7%
Dentist $95.77$90.425.9%
Ibuprofen $9.30$9.280.2%
Lipitor $333.71$426.5021.8%

Housing

ItemSumterNational avg.Difference
Home Price $133,000.00$175,700.0024.3%
Avg. Mortgage Payment $784.40$1,133.2330.8%
Apartment Rent $728.00$920.0020.9%

Transportation

ItemSumterNational avg.Difference
Gasoline $1.82$1.998.8%
Tire Balancing $51.88$45.7613.4%

Utilities

ItemSumterNational avg.Difference
All Electricity$196.42$163.8119.9%
Phone $24.95$28.3912.1%
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.
Rembert, SC23182-18%
Mayesville, SC57186-14%
Oswego, SC6286-14%
Paxville, SC21087-13%
Pinewood, SC67887-13%
Sumter, SC40,81996-4%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Meridian, MS40,80979-21%
Quincy, IL40,78281-19%
Streamwood, IL40,74611212%
Warren, OH40,92581-19%
Covington, KY40,71286-14%
Sumter, SC40,81996-4%
Source: The Sumter, SC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.