A+
2%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
2%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Laurel Bay South Carolina National
Cost of living9894100
Groceries9899100
Health care9698100
Housing9881100
Transportation9999100
Utilities104101100
Lifestyle & Entertainment9998100
Household Items9999100
Education & Childcare9398100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Cost Of Living Quick Facts

  • The cost of living in Laurel Bay is 5% higher than the South Carolina average
  • The cost of living in Laurel Bay is 2% lower than the national average
  • Laurel Bay housing is 2% 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

Most Affordable Places to Live in and Around Laurel Bay

See all the best places to live around Laurel Bay

Compare Laurel Bay, SC Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Laurel Bay?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Laurel Bay?
      Write a review to give others more information about this area.
      See all Laurel Bay poll results

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$83,332$6,944$1,944$2,500
      Renters$75,355$6,280$1,758$2,261
      A good indicator of the general affordability of housing in Laurel Bay, SC, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Laurel Bay, the median monthly income is $83,332 for those who own their own homes. Under the standard rule, that income level would allow for $1,944 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $75,355, per the median income in the area. That would allow for renters to spend up to $1,758 on monthly rental expenses.

      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% 6.5%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Burton, SC9,109937.2%
      Ridgeland, SC4,013936.5%
      Shell Point, SC3,074981.6%
      Beaufort, SC13,8051054.8%
      Port Royal, SC13,6541109.9%
      Laurel Bay, SC6,577981.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Village of Oak Creek (Big Park), AZ6,57713635.8%
      St. John, MO6,5778613.7%
      Champion Heights, OH6,5778713.1%
      Bridge City, LA6,5758811.9%
      Douglas, WY6,5741000.3%
      Laurel Bay, SC6,577981.7%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.