A-
Overall 16%
Goods & Services 5%
Housing 55%
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Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexChesterSouth CarolinaNational
Cost of living8495100
Goods & Services105100100
Groceries99100100
Health care10696100
Housing4580100
Transportation9497100
Utilities94109100

Key findings

  • The cost of living in Chester is 11% lower than the South Carolina average
  • The cost of living in Chester is 16% lower than the national average
  • Chester housing is 55% 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 Chester, SC Cost of Living

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$43,125$3,594$1,006$1,294
      Renters$15,338$1,278$358$460
      A good way to judge both the affordability of the housing and the cost of living in Chester is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Chester has a median income of about $43,125 for people who own homes. Based on that number, a maximum of $1,006 should be spent on expenses related to housing. Renters have a slightly different median income, which is $15,338. Based on this average, renters should spend no more than $358 on all rental costs if they want to maintain a non-impoverished standard of living.

      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

      ItemChesterNational avg.Difference
      Haircut $17.33$20.2714.5%
      Beauty Salon $35.13$40.3913.0%
      Toothpaste $2.66$2.3612.6%
      Shampoo $1.18$1.089.9%
      Movie $12.05$10.999.7%
      Bowling $21.17$15.4936.6%

      Groceries

      ItemChesterNational avg.Difference
      Ground Beef $3.80$4.3011.6%
      Fried Chicken $1.42$1.401.2%
      Milk $1.73$2.2021.5%
      Potatoes $3.56$3.2210.5%
      Pizza $10.06$10.746.3%
      Beer $9.86$9.602.7%

      Health Care

      ItemChesterNational avg.Difference
      Optometrist $111.50$109.731.6%
      Doctor $127.19$118.347.5%
      Dentist $121.04$100.9419.9%
      Ibuprofen $7.24$9.9327.1%
      Lipitor $458.44$469.532.4%

      Housing

      ItemChesterNational avg.Difference
      Home Price $73,900.00$184,700.0060.0%
      Avg. Mortgage Payment $882.55$1,229.6228.2%
      Apartment Rent $549.00$949.0042.1%

      Transportation

      ItemChesterNational avg.Difference
      Gasoline $2.63$2.713.0%
      Tire Balancing $46.65$51.8610.1%

      Utilities

      ItemChesterNational avg.Difference
      All Electricity$153.98$170.849.9%
      Phone $183.30$187.182.1%
      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

      CityPopulationCost of Living IndexNational Avg.
      Lockhart, SC5747821.6%
      Gayle Mill, SC7618119.2%
      Carlisle, SC4488020.4%
      Eureka Mill, SC1,4158317.2%
      Lowrys, SC2108712.7%
      Chester, SC5,4988416.1%

      Cities with similar population

      CityPopulationCost of Living IndexNational Avg.
      Woodside, CA5,496335234.5%
      Algona, IA5,4968514.5%
      Waterville, OH5,496981.6%
      Groveport, OH5,5008811.9%
      Old Fig Garden, CA5,49512019.7%
      Chester, SC5,4988416.1%
      Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.