These Are The 10 Most Affordable Places to Live In South Carolina

John McLean
by John McLean
Rankings - 2 years ago
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Remember the days when your lunch might only cost you a few dollars a day, gas prices were under a buck and everything seemed…cheaper? Well those days still exist depending on your address.

Although not everyone has a choice in the matter it’s always important to know where your money is going. And believe it or not the price of living in one city or another, even in the same state, can be like day and night depending on which side of the lines you live on.

That’s where Zippia comes in; to show all of you frugal Freddies places that leave your wallet full even after all the bills are paid. Places where the necessities of living, raising a family, and paying your bills aren’t so bad after all.

After we crunched all the numbers, we were left with this set of places in South Carolina where your dollar goes a little further every week as compared to the rest of the cities in the Palmetto State.

  1. Parker
  2. Chester
  3. Homeland Park
  4. Gaffney
  5. Lake City
  6. Abbeville
  7. Bennettsville
  8. Union
  9. Laurens
  10. Cheraw
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How we determined the cheapest places to live in the Palmetto State

We use a few factors to determine the cheapest areas to live in. We looked at the median household income and the average home price for each city in South Carolina. These two main factors play the biggest role in a person’s finances.

On top of that we know that there are some basic necessities you have to buy no matter where you live and they’re all pretty straightforward:

  • Housing
  • Food
  • Gas
  • Insurance
  • Utilities
  • Transportation

You can then compare the cost of these things in each of the places in South Carolina to find out which places are the least expensive. And lucky for us, AreaVibes provides all the information you need, even the cost of living scores.

What you are left with is a “Cost of Living Index” that normalizes to 100 for an average place in the United States.

So we used that cost of living index, as well as the median household income and average home price, to rank the 93 largest places in South Carolina. Each city got a rating based on the three criteria ranging from 1 to 93 (any ties were given to the larger place) with 1 being the cheapest.

Read on for more frugal findings on the top ten or skip down to the end to see a list of how every place in South Carolina ranked. Our apologies to Batesburg Leesville, which ranked 11th overall, and just missed the cut.

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1.Parker

Source: Wikipedia

Population: 11,965
Cost of Living Score: 82

2.Chester

Chester - Most Affordable South Carolina

Source: Wikipedia

Population: 5,622
Cost of Living Score: 82

3.Homeland Park

Population: 6,311
Cost of Living Score: 78

4.Gaffney

Gaffney - Most Affordable South Carolina

Source: Wikipedia

Population: 12,473
Cost of Living Score: 82

5.Lake City

Lake City - Most Affordable South Carolina

Source: Wikipedia

Population: 6,691
Cost of Living Score: 82

6.Abbeville

Abbeville - Most Affordable South Carolina

Source: Wikipedia

Population: 5,259
Cost of Living Score: 85

7.Bennettsville

Bennettsville - Most Affordable South Carolina

Source: Wikipedia

Population: 9,088
Cost of Living Score: 85

8.Union

Union - Most Affordable South Carolina

Source: Wikipedia

Population: 8,362
Cost of Living Score: 84

9.Laurens

Laurens - Most Affordable South Carolina

Source: Wikipedia

Population: 9,151
Cost of Living Score: 85

10.Cheraw

Cheraw - Most Affordable South Carolina

Source: Wikipedia

Population: 5,835
Cost of Living Score: 86