| Index | Spartanburg | South Carolina | National |
| Cost of living | 92 | 94 | 100 |
| Groceries | 97 | 99 | 100 |
| Health care | 98 | 98 | 100 |
| Housing | 78 | 81 | 100 |
| Transportation | 96 | 99 | 100 |
| Utilities | 101 | 101 | 100 |
| Lifestyle & Entertainment | 96 | 98 | 100 |
| Household Items | 98 | 99 | 100 |
| Education & Childcare | 98 | 98 | 100 |
Knowing the cost of living in Spartanburg allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Spartanburg stands at 92, marking it 8% lower than the national average.
The cost of living in Spartanburg closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, houshold expenses, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Spartanburg can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.
Is Spartanburg an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Spartanburg is 26% lower than the national average, while the average monthly rent prices are 12% lower than average. The affordability of any location can also be influenced by median income levels. Spartanburg has a median household income of $64,006, which is 21.3% lower than the national average.
Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Spartanburg, the housing index is 21.8% lower than the national average.
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Spartanburg, healthcare costs are 1.8% lower than the national average.
Groceries: The costs associated with groceries have witnessed substantial increases over the past 2-3 years. In select markets, food prices have escalated by more than 20% during this timeframe, whereas others have seen more restrained upticks. The variances in food expenses can exert a considerable influence on the overall cost of living in a given locale. In Spartanburg, the groceries index is 2.9% lower than the national average.
The Spartanburg cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| 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 | $89,305 | $7,442 | $2,084 | $2,679 |
| Renters | $43,765 | $3,647 | $1,021 | $1,313 |
| 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. |
| Fingerville, SC | 32 | 98 | 2.4% |
| Converse, SC | 560 | 98 | 2.4% |
| Gramling, SC | 100 | 97 | 2.5% |
| Saxon, SC | 3,837 | 81 | 19.2% |
| Startex, SC | 569 | 81 | 19.3% |
| Spartanburg, SC | 38,808 | 92 | 8.2% |
| City | Population | Cost of Living Index | National Avg. |
| Atlantic City, NJ | 38,810 | 104 | 4.2% |
| Hanover Park, IL | 38,780 | 107 | 7.0% |
| Park Ridge, IL | 38,854 | 136 | 35.8% |
| Valley Stream, NY | 38,754 | 144 | 44.4% |
| Navarre, FL | 38,864 | 115 | 14.6% |
| Spartanburg, SC | 38,808 | 92 | 8.2% |
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