| Index | Cayce | South Carolina | National |
| Cost of living | 94 | 94 | 100 |
| Groceries | 100 | 99 | 100 |
| Health care | 102 | 98 | 100 |
| Housing | 82 | 81 | 100 |
| Transportation | 98 | 99 | 100 |
| Utilities | 104 | 101 | 100 |
| Lifestyle & Entertainment | 94 | 98 | 100 |
| Household Items | 100 | 99 | 100 |
| Education & Childcare | 98 | 98 | 100 |
The cost of living in Cayce affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Cayce is 94, which is 6% lower than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
In Cayce, daily expenses such as food, housing, lifestyle expenses, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Cayce will resemble that of an average city, contributing to a manageable cost of living.
Is Cayce affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Cayce, for instance, where the median home price falls 30.2% lower than the national average, and monthly rent rates are 8.9% higher than usual. Additionally, median income levels contribute to the equation, with Cayce flaunting a median household income of $77,173, 5.1% lower than the national norm.
Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Cayce, the groceries index is 0.2% higher than the national average.
Taxes: Cities that enforce higher taxes, covering both sales taxes and income taxes, can be a factor contributing to a higher cost of living. Paying more in taxes for everyday essentials like clothing and food inevitably leads to higher expenses. A higher income tax rate can further contribute to an overall elevated cost of living. In Cayce, the baseline sales tax rate begins at 6%, and income tax rates start at 0%.
Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Cayce, the transportation index is 2.5% lower than the national average.
The cost of living data for Cayce shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $96,472 | $8,039 | $2,251 | $2,894 |
| Renters | $62,373 | $5,198 | $1,455 | $1,871 |
| State | General Sales Tax | With Max Surtax |
| South Carolina | 6% | 9% |
| State | Income Tax (Low) | Income Tax (High) |
| South Carolina | 0% | 6.5% |
| City | Population | Cost of Living Index | National Avg. |
| Springdale CDP, SC | 2,422 | 83 | 17.4% |
| Springdale, SC | 2,977 | 87 | 12.9% |
| Hopkins, SC | 2,115 | 87 | 12.5% |
| Gaston, SC | 2,138 | 89 | 11.1% |
| St. Andrews, SC | 22,188 | 89 | 10.7% |
| Cayce, SC | 14,389 | 94 | 6.0% |
| City | Population | Cost of Living Index | National Avg. |
| Mountain View County, AB | 14,390 | n/a | |
| Deming, NM | 14,383 | 83 | 16.5% |
| Springdale, NJ | 14,396 | 126 | 26.4% |
| Reidsville, NC | 14,401 | 90 | 10.3% |
| South Stormont, ON | 14,401 | n/a | |
| Cayce, SC | 14,389 | 94 | 6.0% |
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