| Index | Taylors | South Carolina | National |
| Cost of living | 98 | 94 | 100 |
| Groceries | 98 | 99 | 100 |
| Health care | 96 | 98 | 100 |
| Housing | 99 | 81 | 100 |
| Transportation | 98 | 99 | 100 |
| Utilities | 100 | 101 | 100 |
| Lifestyle & Entertainment | 94 | 98 | 100 |
| Household Items | 99 | 99 | 100 |
| Education & Childcare | 97 | 98 | 100 |
Knowing the cost of living in Taylors 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 Taylors stands at 98, marking it 2% lower than the national average.
Everyday expenditures like food, housing, lifestyle expenses, transportation and health care in Taylors are priced in a manner consistent with other areas. This means that residents of Taylors can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.
Wondering if Taylors is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Taylors, for example, the median home price is 2.6% lower than what folks pay nationally, and monthly rent is 3.7% higher than the usual rates. Plus, income levels matter too, with Taylors boasting a median household income of $91,132, which is 12% higher than the national average.
Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.
Utilities: Similar to the prices of any goods or services, utility expenses can fluctuate widely, contingent on variables such as climate, available energy sources, geographical location and state regulations. Costs associated with electricity, water, heating, and waste disposal can differ in magnitude, depending on the specific city or state. In Taylors, the utilities index registers at 0.4% lower than the national average.
Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Taylors, is 0.7% lower than the national average.
The cost of living data for Taylors shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
| 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 | $108,084 | $9,007 | $2,522 | $3,243 |
| Renters | $56,849 | $4,737 | $1,326 | $1,706 |
| 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. |
| Tigerville, SC | 2,094 | 97 | 2.5% |
| Gramling, SC | 100 | 97 | 2.5% |
| Startex, SC | 569 | 81 | 19.3% |
| Slater-Marietta, SC | 2,150 | 85 | 15.0% |
| Judson, SC | 1,459 | 87 | 13.3% |
| Taylors, SC | 23,727 | 98 | 2.0% |
| City | Population | Cost of Living Index | National Avg. |
| Millbrae, CA | 23,726 | 287 | 186.6% |
| Simpsonville, SC | 23,729 | 102 | 2.3% |
| Laguna Beach, CA | 23,724 | 326 | 226.2% |
| Oro-Medonte, ON | 23,738 | n/a | |
| Kingston, NY | 23,708 | 108 | 8.1% |
| Taylors, SC | 23,727 | 98 | 2.0% |
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