Vance 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.
IndexVanceSouth CarolinaNational
Cost of living index8895100
IndexVanceSouth CarolinaNational
Goods & Services index102101100
Groceries index111109100
Health care index98100100
Housing index5680100
Transportation index9693100
Utilities index98104100

Did you know?

  • The cost of living in Vance is 7% lower than the South Carolina average.
  • The cost of living in Vance is 12% lower than the national average.
  • The cost of housing in Vance is 44% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$24,583$2,049$574$738
Renters$20,625$1,719$481$619

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%

Goods & Services

ItemVanceNational avg.Difference
Haircut $17.33$14.5918.8%
Beauty Salon $38.33$34.6810.5%
Toothpaste $3.46$2.4739.9%
Shampoo $1.34$1.0231.1%
Movie $13.26$9.8734.4%
Bowling $3.88$4.3911.7%

Groceries

ItemVanceNational avg.Difference
Ground Beef $5.49$4.4822.6%
Fried Chicken $1.49$1.461.8%
Milk $2.77$2.3617.5%
Potatoes $3.59$3.0617.3%
Pizza $7.99$9.2413.6%
Beer $8.41$8.632.6%

Health Care

ItemVanceNational avg.Difference
Optometrist $97.50$99.782.3%
Doctor $97.50$105.037.2%
Dentist $85.00$88.704.2%
Ibuprofen $9.49$9.410.8%
Lipitor $319.22$298.506.9%

Housing

ItemVanceNational avg.Difference
Home Price $81,300.00$175,700.0053.7%
Avg. Mortgage Payment $734.00$1,081.0332.1%
Apartment Rent $721.00$920.0021.6%

Transportation

ItemVanceNational avg.Difference
Gasoline $2.00$2.094.4%
Tire Balancing $44.00$45.292.8%

Utilities

ItemVanceNational avg.Difference
All Electricity$178.74$170.804.7%
Phone $24.99$28.2611.6%
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.
Summerton, SC1,02985-15%
Eutawville, SC44686-14%
Elloree, SC82186-14%
Holly Hill, SC1,24792-8%
Santee, SC1,00493-7%
Vance, SC10788-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Horntown, OK10793-7%
Kevin, MT10783-17%
Terlton, OK10776-24%
Trego, WI1071055%
Heidelberg, MN1071033%
Vance, SC10788-12%
Source: The Vance, SC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.