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South Carolina Cost of Living Comparison โ€” Updated 2026

State abbreviation: SC

South Carolina's cost of living index is 95, which is 5% below the national average of 100. This reflects prices for housing, groceries, utilities, transportation, and healthcare across the state.

South Carolina Financial Data (2026)

State Tax Rate
7%
Property Tax Rate
0.57%
Median Home Price
$345,000
Avg Insurance Cost
$1,560/year
Cost of Living Index
95
State Abbreviation
SC