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2024 BEA RPP All 4 categories Federal source

Spartanburg, SC

Cost-of-living indicators for Spartanburg, SC, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 43900 · Data year: 2024 · Rank: #267 of 387

Spartanburg, SC has a cost of living index of 91.1, meaning it's 8.9% less expensive than the national average. Goods cost 3.7% less, services 11.7% less, and rents are 32.0% below average. A $100K national salary has the purchasing power of $109,829 here.

What the Numbers Mean for Spartanburg

Spartanburg ranks #267 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the lower half by cost. With an overall Regional Price Parity of 91.1, Spartanburg, SC is 8.9% less expensive than the national baseline of 100. The gap between Spartanburg's most and least expensive categories — the priciest line item versus rents at 68.0 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $109,829 inside Spartanburg, while a household needs roughly $91,051 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 68.0 — 32.0% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Spartanburg's overall index has stayed within 0.7 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 96.3 and services at 88.3, meaning everyday spending in Spartanburg is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Spartanburg Cost Index at a Glance

Spartanburg all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10091.1

Spartanburg category breakdown

BEA RPP composition by goods, services, rents, overall

Rents68.007Services88.331Goods96.339Overall91.051

Price Index Summary

Overall

91.1

-8.9 below avg

Goods

96.3

-3.7 below avg

Services

88.3

-11.7 below avg

Rents

68.0

-32.0 below avg

Price Index vs National Average (100)

Overall
National avg

Index 91.1 (-8.9 vs national avg)

Goods
National avg

Index 96.3 (-3.7 vs national avg)

Services
National avg

Index 88.3 (-11.7 vs national avg)

Rents
National avg

Index 68.0 (-32.0 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -32.0% (68.0)
Services -11.7% (88.3)
Overall -8.9% (91.1)
Goods -3.7% (96.3)

Income Adequacy in Spartanburg

Spartanburg income adequacy score

$75,000 median income vs RPP 91.1

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$91,051

in Spartanburg, SC purchasing power

$50,000 nationally
$45,526
$75,000 nationally
$68,288
$125,000 nationally
$113,814
$150,000 nationally
$136,577
$200,000 nationally
$182,102

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 0.7 points over this period.

Year Overall
2008 91.7
2009 90.9
2010 90.6
2011 92.4
2012 92.2
2013 91.1
2014 92.6
2015 91.9
2016 93.3
2017 92.5
2018 89.8
2019 89.7
2020 88.9
2021 92.2
2022 90.9
2023 90.5
2024 91.1

Metros with Similar Cost of Living

These metros have an overall RPP closest to Spartanburg, SC's index of 91.1.

Related Data for Spartanburg

Frequently Asked Questions

What is the cost of living in Spartanburg, SC?
Spartanburg, SC has a Regional Price Parity (RPP) index of 91.1, meaning it is 8.9% less expensive than the national average. Goods are indexed at 96.3, services at 88.3, and rents at 68.0. It ranks #267 out of 387 U.S. metro areas by overall cost.
What salary do I need in Spartanburg, SC to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $91,051 in Spartanburg, SC. Conversely, $100K earned in Spartanburg, SC has the purchasing power of $109,829 at the national average.
How expensive is rent in Spartanburg, SC?
Rents in Spartanburg, SC are indexed at 68.0, which is 32.0% below the national average. This makes the area relatively affordable for renters.
Is Spartanburg, SC getting more expensive?
From 2008 to 2024, Spartanburg, SC's overall cost index changed by -0.7 points (from 91.7 to 91.1). The cost of living has remained relatively stable.
What metros have a similar cost of living to Spartanburg, SC?
Metros with the most similar overall cost index include Bismarck, Staunton-Stuarts Draft, Killeen-Temple. These areas have RPP values within a few points of Spartanburg, SC's 91.1.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page