Cheapest Cities in South Carolina
8 most affordable metro areas ranked by cost of living index
Where the Affordability Lives in South Carolina
The most affordable metro inside South Carolina is Florence, SC with an overall Regional Price Parity of 86.8, 13.2% below the national average of 100. Goods there index at 96.3, services at 87.7, and rents at 52.4 — and because rents carry the heaviest weight in the BEA formula, the low rent figure is typically what anchors a metro into the cheapest tier for its state.
Across the 8 lowest-cost South Carolina metro areas in this ranking, the average overall index is 93.2 and the average rent index is 80.2. 7 of these 8 metros sit below the U.S. national average, which tells you how much of a discount these areas really deliver relative to the country as a whole. The gap from Florence, SC (86.8) up to Charleston-North Charleston, SC (101.0) inside this affordable list is 14.2 index points — a meaningful spread even among "cheapest" metros.
Translated into household budget, a nationally-priced $100,000 lifestyle in Florence, SC costs about $86,774, leaving room for savings, housing quality upgrades, or lower work hours compared to high-cost coastal metros. Keep in mind that a low RPP does not automatically mean low local wages — local earning potential, commute distance, school quality, and property taxes all stack on top of the BEA price index. For anyone considering relocation inside South Carolina, these cheapest metros are the right starting list, but always validate with rent tables and salary data specific to your occupation before committing.
| # | Metro | Overall |
|---|---|---|
| 1 | Florence, SC | 86.8 |
| 2 | Sumter, SC | 88.0 |
| 3 | Spartanburg, SC | 91.1 |
| 4 | Greenville-Anderson-Greer, SC | 93.3 |
| 5 | Myrtle Beach-Conway-North Myrtle Beach, SC | 93.6 |
| 6 | Columbia, SC | 93.7 |
| 7 | Hilton Head Island-Bluffton-Port Royal, SC | 98.0 |
| 8 | Charleston-North Charleston, SC | 101.0 |
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Source: Bureau of Economic Analysis, Regional Price Parities Bureau of Economic Analysis, Regional Price Parities Index where national average = 100
Read our methodology — how this data is sourced, computed, and verified.