Cowpens, South Carolina Cost Of Living

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Overall 16%

Goods & Services 3%

Housing 51%

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.
Index	Cowpens	South Carolina	National
Cost of living	84	95	100
Goods & Services	97	100	100
Groceries	100	100	100
Health care	108	96	100
Housing	49	80	100
Transportation	103	97	100
Utilities	94	109	100

Key findings

The cost of living in Cowpens is 12% lower than the South Carolina average
The cost of living in Cowpens is 16% lower than the national average
Cowpens housing is 51% 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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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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$35,492	$2,958	$828	$1,065
Renters	$13,984	$1,165	$326	$420

South Carolina Sales Tax

State	General Sales Tax	With Max Surtax
South Carolina	6%	9%

South Carolina Income Tax

State	Income Tax (Low)	Income Tax (High)
South Carolina	0%	7%

Goods & Services

Item	Cowpens	National avg.	Difference
Haircut	$20.88	$20.27	3.0%
Beauty Salon	$41.79	$40.39	3.5%
Toothpaste	$2.18	$2.36	7.7%
Shampoo	$1.14	$1.08	6.2%
Movie	$8.91	$10.99	18.9%
Bowling	$13.61	$15.49	12.2%

Groceries

Item	Cowpens	National avg.	Difference
Ground Beef	$4.42	$4.30	2.8%
Fried Chicken	$1.22	$1.40	12.6%
Milk	$1.81	$2.20	18.0%
Potatoes	$3.36	$3.22	4.3%
Pizza	$9.98	$10.74	7.1%
Beer	$10.36	$9.60	7.9%

Health Care

Item	Cowpens	National avg.	Difference
Optometrist	$108.88	$109.73	0.8%
Doctor	$119.60	$118.34	1.1%
Dentist	$119.91	$100.94	18.8%
Ibuprofen	$10.57	$9.93	6.5%
Lipitor	$487.56	$469.53	3.8%

Housing

Item	Cowpens	National avg.	Difference
Home Price	$89,700.00	$184,700.00	51.4%
Avg. Mortgage Payment	$895.00	$1,229.62	27.2%
Apartment Rent	$463.00	$949.00	51.2%

Transportation

Item	Cowpens	National avg.	Difference
Gasoline	$2.56	$2.71	5.7%
Tire Balancing	$61.13	$51.86	17.9%

Utilities

Item	Cowpens	National avg.	Difference
All Electricity	$151.53	$170.84	11.3%
Phone	$187.69	$187.18	0.3%

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	Population	Cost of Living Index	National Avg.
Fingerville, SC	0	99	1.4%
Clifton, SC	428	74	25.9%
Southern Shops, SC	4,014	80	19.8%
Saxon, SC	3,734	81	19.3%
Fairforest, SC	1,956	81	19.2%
Cowpens, SC	1,772	84	16.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Mulberry, AR	1,772	80	19.9%
Elizabeth Lake, CA	1,772	117	17.1%
Belleville, PA	1,772	87	13.0%
Emigration Canyon, UT	1,772	155	54.7%
Forreston, IL	1,771	87	12.9%
Cowpens, SC	1,772	84	16.4%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.