Cost of Living in McCormick, SC

A+
21%
Overall NAT. AVG.
8%
Goods & Services NAT. AVG.
46%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index McCormick South Carolina National
Cost of living7993100
Goods & Services92100100
Groceries9699100
Health care8294100
Housing5480100
Transportation8991100
Utilities84107100
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Cost Of Living Quick Facts

  • The cost of living in McCormick is 15% lower than the South Carolina average
  • The cost of living in McCormick is 21% lower than the national average
  • McCormick housing is 46% lower than the national average
  • South Carolina general sales tax is 18% higher than the national average
  • South Carolina state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around McCormick

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Compare McCormick, SC Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$50,972$4,248$1,189$1,529
      Renters$26,402$2,200$616$792

      South Carolina Sales Tax

      State General Sales Tax With Max Surtax
      South Carolina 6% 9%

      South Carolina Income Tax

      State Income Tax (Low) Income Tax (High)
      South Carolina 0% 6.5%

      Goods & Services

      Item McCormick National avg. Difference
      Haircut $26.67$24.269.9%
      Beauty Salon $39.50$45.5613.3%
      Toothpaste $3.65$3.701.3%
      Shampoo $1.13$1.2812.0%
      Movie $15.61$12.1328.7%
      Bowling $20.92$18.0016.2%

      Groceries

      Item McCormick National avg. Difference
      Ground Beef $5.52$5.845.4%
      Fried Chicken $1.67$1.576.2%
      Milk $4.53$4.673.0%
      Potatoes $5.41$4.939.6%
      Pizza $13.16$12.098.9%
      Beer $10.06$10.413.4%

      Health Care

      Item McCormick National avg. Difference
      Optometrist $69.88$125.6844.4%
      Doctor $179.92$135.7832.5%
      Dentist $199.00$113.2975.7%
      Ibuprofen $10.12$10.655.0%
      Lipitor $496.43$468.605.9%

      Housing

      Item McCormick National avg. Difference
      Home Price $79,300.00$184,700.0057.1%
      Avg. Mortgage Payment $1,929.91$2,346.6917.8%
      Apartment Rent $743.00$949.0021.7%

      Transportation

      Item McCormick National avg. Difference
      Gasoline $3.24$3.466.3%
      Tire Balancing $52.38$59.9212.6%

      Utilities

      Item McCormick National avg. Difference
      All Electricity $149.68$193.9922.8%
      Phone $189.47$192.251.4%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Troy, SC145919.5%
      Willington, SC0919.5%
      Bradley, SC127919.5%
      Modoc, SC366919.5%
      Mount Carmel, SC2717525.1%
      McCormick, SC3,0437920.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Bishopville, SC3,043919.3%
      East Gaffney, SC3,0438118.6%
      West Brattleboro, VT3,0421099.0%
      Longtown, OK3,0448416.4%
      Algoma, WI3,0448712.9%
      McCormick, SC3,0437920.6%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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