Cost of Living in Columbia, SC
Housing
The housing market plays a significant role in determining the cost of living in Columbia, SC.
- Housing Index: 85.0 / 100
- Median Home Price is: $207,300
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
Considering a move to Columbia, SC? The housing index is relatively affordable at 85.0, indicating a cost-effective market. With a median home price of 207300, it's a conducive environment for homebuyers. Rentals for a 2-bedroom apartment average 1200 while a 2-bedroom house costs around 1360. This situation suggests a competitive rental market. Additionally, research social amenities and local job opportunities to solidify your decision—this data reveals a promising and budget-friendly opportunity in Columbia, SC.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Columbia, 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.): $200 per month
Living in Columbia, 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 $200 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 Columbia is a financially viable option for your relocation.