Cost Of Living in Swansea, SC

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12%

Overall NAT. AVG.

2%

Goods & Services NAT. AVG.

41%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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	Swansea	South Carolina	National
Cost of living	88	93	100
Goods & Services	98	100	100
Groceries	99	99	100
Health care	86	94	100
Housing	59	80	100
Transportation	82	91	100
Utilities	131	107	100

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Cost Of Living Quick Facts

The cost of living in Swansea is 6% lower than the South Carolina average
The cost of living in Swansea is 12% lower than the national average
Swansea housing is 41% 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	$37,353	$3,113	$872	$1,121
Renters	$34,659	$2,888	$809	$1,040

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%

Goods & Services

Item	Swansea	National avg.	Difference
Haircut	$20.75	$24.26	14.5%
Beauty Salon	$30.56	$45.56	32.9%
Toothpaste	$3.65	$3.70	1.5%
Shampoo	$1.33	$1.28	3.6%
Movie	$12.93	$12.13	6.6%
Bowling	$24.33	$18.00	35.2%

Groceries

Item	Swansea	National avg.	Difference
Ground Beef	$6.15	$5.84	5.3%
Fried Chicken	$1.67	$1.57	6.2%
Milk	$4.61	$4.67	1.3%
Potatoes	$5.50	$4.93	11.5%
Pizza	$10.35	$12.09	14.4%
Beer	$10.53	$10.41	1.1%

Health Care

Item	Swansea	National avg.	Difference
Optometrist	$59.00	$125.68	53.1%
Doctor	$150.00	$135.78	10.5%
Dentist	$78.33	$113.29	30.9%
Ibuprofen	$10.46	$10.65	1.8%
Lipitor	$416.30	$468.60	11.2%

Housing

Item	Swansea	National avg.	Difference
Home Price	$93,500.00	$184,700.00	49.4%
Avg. Mortgage Payment	$1,725.28	$2,346.69	26.5%
Apartment Rent	$749.00	$949.00	21.1%

Transportation

Item	Swansea	National avg.	Difference
Gasoline	$3.22	$3.46	6.9%
Tire Balancing	$32.03	$59.92	46.5%

Utilities

Item	Swansea	National avg.	Difference
All Electricity	$290.58	$193.99	49.8%
Phone	$192.75	$192.25	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.
Neeses, SC	352	77	22.6%
Livingston, SC	150	82	18.0%
North, SC	793	85	15.4%
Woodford, SC	115	85	15.3%
Wagener, SC	1,267	85	14.7%
Swansea, SC	773	88	12.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
St. Lucie Village, FL	773	117	17.4%
Reynolds, GA	773	81	18.8%
Bluffs, IL	773	80	19.8%
Ogden, IL	773	91	8.8%
Claremont, MN	773	84	15.7%
Swansea, SC	773	88	12.4%