Cost of Living in Bamberg, SC
Housing
The housing market plays a significant role in determining the cost of living in Bamberg, SC.
- Housing Index: 85.0 / 100
- Median Home Price is: $137,200
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
When considering a move to Bamberg, SC, it's crucial to assess the area's affordability and housing market. With a housing index of 85.0, the local market indicates a relatively balanced environment for potential buyers and renters. The median home price of 137200 is competitive, offering opportunities for both first-time buyers and investors. Renting presents a reasonable option as well, with average costs at 1200 for an apartment and 1280 for a house. Overall, Bamberg seems to combine affordability with reasonable market stability, making it an attractive place to live.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bamberg, SC.
- Electricity Price: $14.18 USD (median by state)
- Natural Gas Price: $23.51 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Bamberg, SC could entail higher utility costs. Electricity costs sit at $14.18, while natural gas is priced at $23.51 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bamberg is a financially viable option for your relocation.