cost of living greenville, sc
But many cheap options make the area quite affordable to live in overall. You should easily be able to get anywhere within 20 minutes or so while spending only around $10-20 depending on the time of day. The city reports a violent crime rate of 5.3 per 1,000 residents. Homes tend to cost 40.28% It is possible to forego owning a vehicle in Greenville and taking advantage of cheap public transport. A low cost of living and mild temperatures year-round make Greenville desirable to many. Due to differences within Decreasing steadily. Let us walk through some major expenses to check whether Greenville is the right place for your budget. How to Get Preapproved for a Mortgage and Why It Matters. The total cost of living is around $2,533 in Greenville, SC. Employers in Charleston, SC typically pay 0.5% more than employeers in Greenville, SC. Increasing rapidly. Whereas, Payne-Logan, Sterling, and Southernside Greenville are among the most expensive places to rent in Greenville. There are many providers and various packages that are offered, many that bundle internet, cable, and phone together. On a cost of living scale that holds a US average of 100, Greenville rates 89.8. Tampa housing costs are 30.8% more expensive than Greenville housing costs. Car insurance premiums are not cheap in Greenville; hence the same holds true for the entire state of South Carolina. Walkability and public transit scores were obtained fromWalk Score. The cost of living in Greenville can vary depending on what you need. The same type of job in the same type of company in Greenville, SC will typically pay $61,182 . To maintain your standard of living in Greenville, Here are the top attractions to check out if and when you find yourself in Greenville, South Carolina. SC. But even then, the price of groceries is going to significantly influence your cost of living. The same type of job in the same type of company in Charleston, SC will typically pay $60,301 . than your current city. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. It is comprised of nearly 100,000 data points gathered primarily by C2ER members located in 400 cities.. Prices are increasing, but at a reasonable rate. As always, fresh fruits and vegetables are usually cheaper than packaged goods full of preservatives. household income. A good indicator of the general affordability of housing in Greenville, SC, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Greenville can be a true oasis with the ease of small city living coupled with the modern comforts of life. There arent many entertainment options in Greenville, but the ones they have are definitely worth experiencing. For details, email kimileebryantstudio@gmail.com or call 864-280-9150. Some colleges and universities with Childhood Education programs also may have day care centers available at reduced costs, so you should explore those possibilities to see if you can reduce your child care expense. So how do we make money? The cost of living index is set to 100 for the average place in America. Grocery prices fall somewhere smack dab in the middle compared to any other small city in America. Youll also learn some great tips on saving money too! You can also take time to know more about what Greenville, SC, is known for. People are moving here fast, and real estate agents are expecting the housing market to boom. The base sales tax rate in South Carolina is 6%, which is about average for the country. Distribution of Expenses Using Our Statistical Model: Copyright 2009-2023 Numbeo. Do not sell or share my personal information. estimates only as prices can change on an ongoing basis. United States Disclaimer: NerdWallet strives to keep its information accurate and up to date. A side benefit is that you may be able to relax, work, or read on the way to work, or get to know and chat with other commuters. The cost of. In addition, rent for homes can range from $1,163-$1,499 per month, and an average apartment goes for about $1,267/month. SC, you'll need a Whether youre a commuter via your own vehicle or public transportation, considering factors like the price of gas and monthly cost of taking a train or bus is crucial when budgeting for your move. The cost of groceries in Greenville is not a deterrent in considering a move there, but neither is it an incentive. Fall for Greenville comes in at a close second and features the best in local music, food, and crafts. The athletic spirit of the region is without a doubt rooted in the Clemson University and University of South Carolina football rivalry. and the Salt Lake Board of Realtors. Data sourced from Zillow median home sale price data series. The average rent for a 2-bedroom apartment downtown is $1,344/month. Here's how to know how much you really need. A crowdsourced database with a cost of living calculator for prices comparison in 9294 cities in 197 countries all over the world. There are 89 daycare centers in Greenville, with an average monthly cost of $1,087.50 per child. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. Being in close proximity to Clemson University, Furman University and other colleges, Greenville's population feels young despite the median age of the population being around 38. As far as rent goes, it's not as affordable as buying a house. Parking might become difficult but there are lots of available spots downtown if you do need one. The expenses that factor into cost of living can include housing affordability, transportation expenses, food prices and entertainment costs. Greenville's average home price is $253,700, with a median price of $128/ sq ft. The median after-tax salary is $4842, which is enough to cover living expenses for 2.4 months. Goods, services and housing are all very affordable. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. Crime Rate & Statistics, 15 Best Things To Do In Greenville SC (2022), 10 Best Milkshakes in Greenville SC (2022). Required fields are marked *. Memory Care. For example, the cost of an unlimited MetroCard in New York was obtained from the. lower These games usually have very cheap tickets and the spirit and enthusiasm of the crowd often makes up for the level of skill. Try sticking with single varieties wherever possible to ensure you arent spending money on things you wont use. Quick Facts Average Commute 17.23 minutes Median Home Value $288,070 Median Household Income $64,974 Total Population 72,933 Walk Score 41.1866 Median Property Tax $1,361 Food Scenes Healthy Places Depending on your specific needs, you might find that even basic items like groceries cost significantly less in Greenville versus larger cities like Atlanta or New York City. With a population of 70,720 as of the 2020 Census, it is the sixth-largest city in the state. Not only will you reduce the stress of driving and finding a place to park once you reach your destination, your car and tires will last longer, and you will spend less on gas. Good. They also note that the average cost of food in Greenville is 17$ per day. And it adds up. One of most important determinations you need to make before moving to a new city or town is how much it will cost to live there. Lowest Priced Homes Largest Homes Greenville Housing Options Homes For Sale Lowest Priced Homes Largest Homes Overview 100 = National Average (Below 100 means cheaper than the US average. The Greenlink bus system offers residents an affordable transit option that runs throughout the region, and the open-air downtown trolley is free. Greenville is not the safest place in South Carolina, but it is not the most crime-ridden either. The biggest factors in any move are the standard of Most goods and services are affordable. Drivers in South Carolina must pay personal injury protection, and some drivers can legally drive uninsured if they pay a fee to the state. 19% lower. Based on data collected by NOAA National Climatic Data Center, Greenville is considered to have one of the most favorable climates in the country based on comfort and number of days with clear skies. The total income needed is $10,624 Pre-qualified offers are not binding. If you would like to know the cost of living in other cities, then please enter a city name. That's probably because we're measuring average costs for the larger metro area, not just the city limits. a better value 6% Less than national average 1% Higher than South Carolina average 21st Most expensive city in South Carolina Affordability breakdown About Greenville Greenville (; locally ) is a city in and the seat of Greenville County, South Carolina, United States. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. The sales tax for Greenville is 6%. Local trails and parks, like Conestee Nature Preserve, Gower Estates Park and Cleveland Park give runners, hikers and families a natural escape from the city bustle. . To give you an idea of public transportation costs in Greenville, check out the chart below. The Peace Center, which includes an amphitheater, concert hall and theater, regularly brings in top Broadway hits and symphony orchestra concerts. Food: Weekly trips to the grocery store can add up, especially if food costs are high where you live. You'll be shocked to know you can find a 2-bedroom apartment available for $700 a month. According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. In 2020, South Carolina was the second most popular state to move to after Idaho. This information may be different than what you see when you visit a financial institution, service provider or specific products site. But unless you work and live downtown, it may not be the best choice for you. Comment * document.getElementById("comment").setAttribute( "id", "adaf8e40b68e0bdd7438e9570e30d71e" );document.getElementById("c9c5de2710").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. MLS #1499572. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. Weekly trips to the grocery store can add up, especially if food costs are high where you live. Richmond, VA . Although summers in South Carolina can get hot and humid, mild weather during the spring, fall and winter makes Greenville a relatively comfortable region to live in year-round. Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. the data source, home prices are not comparable across metro areas. in Greenville as national average. Utilities tend to cost 3.21% lower. While other resources provide basic cost comparisons,NerdWallets cost of living calculatorand accompanying city life tool go one step further by offering information on schools, quality of life and demographics, giving users a one-stop shop to explore new cities. Email . Cost of living is the amount of money you need to sustain a certain lifestyle in a given place. Familiarize yourself with the places where students hang out, and take advantage of discounted or bargain prices, you are sure to be able to keep your. Charleston Median monthly mortgage cost: $1,567 Median monthly rent: $1,197 Charleston's many charms include a coastal setting, historic architecture, cobblestone streets and a unique sense of. What is the breakdown of the cost of living? Youll be shocked to know you can find a 2-bedroom apartment available for $700 a month. The average homeowner rushes to plant as many flowers as possible during spring and early summer. 2023 Compare Cities Cost of Living: Greenville, SC vs Tampa, FL Change Cities Highlights Tampa is 16.9% more expensive than Greenville. We believe everyone should be able to make financial decisions with confidence. Additionally, some garages and monthly lots are free on weekends, and local merchants open parking lots and spaces to the public on a daily basis. Whether youre a farmer or just a homeowner who takes pride in their garden, you likely have a reasonable fear of floods. The neighborhood you choose would dictate the going rate of properties, with the Mcbee Avenue Area as the most expensive. There are more than 1,000 churches of varying religious affiliations in the Greenville metro area, the majority of them being overwhelmingly Christian-based. The average summer temperature is a high of 89 F, with a winter low of 34F. Additional data provided by the Austin Board of Realtors, Whether you use a cost of living index or a cost of living calculator, each will help you feel more confident in deciding where to live. The most expensive university is Furman University Greenville, with an average in-state tuition fee of $50,464. The cost of living in Greenville, SC is 17.89% lower than your current city. You'll have to take out a loan to live here. The homeownership rate is 42.7% which is lower than the national average of 63.9%. The cost of living calculated as a consumer basket for a moderate lifestyle in developed countries and thus might seem too high for some least developed countries where maintaining such a standard of living is expensive. That would allow for renters to spend up to $739 on monthly rental expenses. For example, the cost of living in San Francisco is twice that of Boise, Idaho. Artisphere, a three-day outdoor event held in May that brings in artists and art lovers from around the world, has received regional and national acclaim and gives residents a chance to meet artists face to face and shop for one-of-a-kind artwork. Entertainment: A movie ticket, a pint of beer, box seats at a baseball game they can all come with a different price tag depending upon where you live. Houston Association of Realtors, Intermountain MLS, > The former textile powerhouse now has an influx of manufacturing jobs to thank for its growth, with companies like GE and Michelin moving in and infusing the town with new energy. When evaluating offers, please review the financial institutions Terms and Conditions. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? NerdWallet strives to keep its information accurate and up to date. The city boasts a 17,000-seat arena, a 340,000 square-foot convention center, and nationally recognized museums. #14 Places with the Lowest Cost of Living in Greenville County. A salary of $50,000 in Greenville, South Carolina should increase to $61,894 in Charleston, South Carolina (assumptions include Homeowner, no Child Care, and Taxes are not considered. Housing Costs Agents Compete, You Win. Home prices, property taxes and monthly rents vary from state to state, city to city, town to town and even neighborhood to neighborhood.For homeowners, there are more expenses to consider than just the monthly mortgage payment. We hope that our data sheds some light on what it takes to live comfortably in the Greenville area. And it adds up. The average cost of living in Greenville is $2034, which is in the top 7% of the most expensive cities in the world, ranked 624th out of 9294 in our global list, 505th out of 2202 in the United States, and 6th out of 26 in South Carolina. Rental Costs in Greenville, South Carolina Fortunately, South Carolina has one of the lowest property tax rates in the country. Numbeo provides a listing of food prices in Greenville. Cascades Verdae. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. If you decide to take advantage of the Greenville transit system, you can get unlimited rides for 10.50 a week. The assumption is the sole provider is working full-time (2080 hours per year). Greenville has two public forms of transportation. > There are six income tax brackets in total, with rates ranging from 0% to as much as 7%, with individuals making over $15,400 paying the most. In the cost of living index, utilities score a 96.9, which is lower than the US 100. Check out the homes for sale in Greenville! You're in good company with the great people living in Greenville, South Carolina! Greenville, South Carolina's cost of living is 9% lower than the national average. Budget Your Trip notes that travelers who dined out spent an average of $6.80 per person. Our partners cannot pay us to guarantee favorable reviews of their products or services. Greenville Cost of Living vs SC and the US. 3,772 out of 6,412. The mere mention of Greenville, South Carolina, does not stir up feelings of sheer thrills and excitement. Like the federal income tax structure, South Carolina has a progressive income tax system. The cost of living in Greenville, SC is 4% lower than the state average and 9% lower than the national average. Greenville has grocery prices that are 1% lower than the national average. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. lower. A movie ticket, a pint of beer, box seats at a baseball game they can all come with a different price tag depending upon where you live. In Greenville,SC, my friend pays $800 for a large 2 bedroom apartment. Core cost of living data is fromThe Cost of Living Index - COLIfrom the Council for Community and Economic Research. The same goes for any extras like butter, salt, and pepper. Coming up with the cash for a down payment is the biggest roadblock for most home buyers. The surrounding counties also have bus routes making commuting via bus possible as well. According to the council, C2ER produces the Cost of Living Index to provide a useful and reasonably accurate measure of living cost differences among urban areas. Looking for financial advice? financial advisor in Greenville, South Carolina. What it does invoke is a sense of family, community, and progress. Comparison Highlights - Overall, Greenville, South Carolina is 9.2% more expensive than Spartanburg, South Carolina (5 miles), Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands), Short visit to private doctor (15 minutes), Standard men's haircut in expat area of the city, Basic dinner out for two in neighborhood pub, 2 tickets to the theater (best available seats), Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert, 1 beer in neighbourhood pub (500ml or 1pt. Cascades Verdae even has 32 different floor plans, making it easy for residents to get the level of care they need and want. But be mindful that in some locations further outside of the city, it may take longer to get a driver. The neighborhood you choose would dictate the going rate of properties, with the Mcbee Avenue Area as the most expensive. Find top real estate agents in Greenville, SC. When driving your own car, traffic is manageable but, as you would expect, gets gnarly during rush hour. Utilities are also cheaper on average, with utilities for a 915 sq ft. apartment costing around $136.80 per month. The goal is to pay under 30%, but that may not be achievable in your destination city or town. Greenville's Overall Cost Of Living. What Is The Cost Of Living In Huntsville, AL. When driving your own car, traffic is manageable but, as you would expect, gets gnarly during rush hour. Thus, all insured drivers end up sharing the increasing cost of insurance. Its easy to stock up on a weeks worth of groceries at Food Lion or Ingles without breaking your bank account. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. We help you decide by comparing all the largest costs . The reinvigorated downtown serves as the focal point of the region, attracting new business, hosting an emerging culinary scene and housing what some call the crown jewel of Greenville: Falls Park on the Reedy. The cost of living in Greenville, SC is 17.89% best Biking is a good option that the Greenville local government understands and is improving infrastructure for bikers in the county. Above 100 means more expensive.) However, the average monthly electric bill is $132, which is higher than the US average of $107. You could eat out less, cut back on takeout and cook more often. Cost of living is also tied to income, as salary levels in a geographic area are measured against these expenses. With that price, its no surprise Greenville is one of the five cheapest places to live in South Carolina.
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