| Index | Oak Grove | South Carolina | National |
| Cost of living | 95 | 94 | 100 |
| Groceries | 100 | 99 | 100 |
| Health care | 102 | 98 | 100 |
| Housing | 83 | 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 |
Are you thinking about relocating, but curious about the potential cost of living in Oak Grove? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Oak Grove stands at 95, making it 5% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
The cost of living in Oak Grove aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, household expenses, health care and utility bills are priced at a level consistent with the average in similar urban areas. Oak Grove residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.
Is Oak Grove affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Oak Grove, the median home price is 25.1% lower than the national average and monthly rent prices are 3.3% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Oak Grove boasting a median household income of $85,887, 5.6% higher than the national average.
Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Oak Grove, the groceries index is 0.2% higher than the national average.
Utilities: Like everything else, utilities costs can range significantly depending on factors like climate, energy sources available, location and even state regulations. Things like electricity, water, heating and waste disposal costs can be higher or lower, depending on the city or state. The utilities index in Oak Grove comes in at 3.9% higher than the national average.
Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In Oak Grove, the transportation index stands at 2.5% lower than the national average.
The cost of living estimates displayed for Oak Grove are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
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| Health care index | |
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| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $92,334 | $7,695 | $2,154 | $2,770 |
| Renters | $53,179 | $4,432 | $1,241 | $1,596 |
| 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% |
| Gaston, SC | 2,138 | 89 | 11.1% |
| St. Andrews, SC | 22,188 | 89 | 10.7% |
| Pelion, SC | 1,104 | 90 | 10.3% |
| Oak Grove, SC | 12,504 | 95 | 5.4% |
| City | Population | Cost of Living Index | National Avg. |
| Laurel, FL | 12,504 | 125 | 25.3% |
| Overlea, MD | 12,505 | 111 | 11.0% |
| Holiday City-Berkeley, NJ | 12,508 | 112 | 12.2% |
| Escanaba, MI | 12,509 | 84 | 16.5% |
| Middle Valley, TN | 12,498 | 98 | 1.8% |
| Oak Grove, SC | 12,504 | 95 | 5.4% |
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