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Summit, SC Cost of Living

Summit cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexSummitSouth CarolinaNational
Cost of living index9597100
IndexSummitSouth CarolinaNational
Goods & Services index106106100
Groceries index106103100
Health care index95101100
Housing index6980100
Transportation index9292100
Utilities index127111100
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Did you know?

  • The cost of living in Summit is 1% lower than the South Carolina average.
  • The cost of living in Summit is 5% lower than the national average.
  • The cost of housing in Summit is 31% 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.

The best places in South Carolina

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See the best places to live in & around Summit
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These are the 10 most affordable cities in South Carolina

Compare Summit, SC Cost of living To Other Cities

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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$63,750$5,313$1,487$1,913
Renters$0$0$0$0

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

ItemSummitNational avg.Difference
Haircut $13.55$16.0915.7%
Beauty Salon $55.72$37.3349.3%
Toothpaste $3.26$2.4533.1%
Shampoo $0.94$1.006.4%
Movie $11.54$10.2812.2%
Bowling $4.28$4.9313.3%

Groceries

ItemSummitNational avg.Difference
Ground Beef $4.37$3.8014.8%
Fried Chicken $1.46$1.404.5%
Milk $2.06$2.012.4%
Potatoes $3.30$3.019.5%
Pizza $11.66$9.8918.0%
Beer $8.89$8.900.1%

Health Care

ItemSummitNational avg.Difference
Optometrist $97.67$102.164.4%
Doctor $95.78$108.3611.6%
Dentist $94.00$92.531.6%
Ibuprofen $9.72$9.284.8%
Lipitor $367.31$425.8213.7%

Housing

ItemSummitNational avg.Difference
Home Price $105,800.00$184,700.0042.7%
Avg. Mortgage Payment $884.54$1,202.4426.4%
Apartment Rent $911.00$949.004.0%

Transportation

ItemSummitNational avg.Difference
Gasoline $1.96$2.2412.8%
Tire Balancing $47.91$46.293.5%

Utilities

ItemSummitNational avg.Difference
All Electricity$229.87$165.9638.5%
Phone $32.99$28.6815.0%
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, StatePopulationCost of Living IndexNational Avg.
Monetta, SC15688-12%
Ridge Spring, SC92284-16%
Batesburg-Leesville, SC5,27392-8%
Pelion, SC70796-4%
Red Bank, SC9,00696-4%
Summit, SC44595-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
El Prado Estates, AZ44597-3%
McCurtain, OK44575-25%
Horntown, VA4451022%
Texline, TX44576-24%
Delhi, IA44583-17%
Summit, SC44595-5%
Source: The Summit, SC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.
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