Cost of Living: Spartanburg, SC vs Fairhope, AL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Spartanburg Fairhope
Housing Index 88.0 85.0
Median Home Price $215,000 $295,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1300 $1280

Housing Comparison: Spartanburg vs Fairhope

  • The median home price in Fairhope is higher at $295,000, compared to $215,000 in Spartanburg.
  • The rent for a two-bedroom apartment is equal in both Spartanburg and Fairhope at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Spartanburg Fairhope
Electricity Price $14.18 $15.03
Natural Gas Price $23.51 $21.76
Other Utilities $250 $200

Utilities Comparison: Spartanburg vs Fairhope

  • Fairhope has higher electricity costs at $15.03 per kWh, versus $14.18 in Spartanburg.
  • Natural gas is more expensive in Spartanburg at $23.51 per unit, while it is cheaper at $21.76 in Fairhope.
  • Other utility costs are higher in Spartanburg at an average of $250, compared to Fairhope with $200.