Cost of Living in Greenwood, SC
Housing
The housing market plays a significant role in determining the cost of living in Greenwood, SC.
- Housing Index: 85.0 / 100
- Median Home Price is: $236,200
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1150 per month
Considering the data for Greenwood, SC, the housing index suggests a relatively affordable market at 85.0. The median home price of 236200 indicates that purchasing a property might be feasible for many families, especially in comparison to other urban areas. Rental options are also competitive, with an average rent of 1200 for a 2-bedroom apartment and 1150 for a 2-bedroom house. This combination of moderate housing costs and reasonable rents presents opportunities for both renters and buyers to find suitable accommodations in Greenwood.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Greenwood, 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 Greenwood, 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 Greenwood is a financially viable option for your relocation.