A+
10%
Overall NAT. AVG.
8%
Goods & Services NAT. AVG.
10%
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 North Augusta South Carolina National
Cost of living9093100
Goods & Services92100100
Groceries9699100
Health care8294100
Housing9080100
Transportation8991100
Utilities84107100

An Overview of Cost of Living in North Augusta, SC

Understanding the cost of living in North Augusta can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The North Augusta cost of living index is 90, which is 10% lower than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

Everyday expenditures like food, housing, goods and services, transportation and health care in North Augusta are priced in a manner consistent with other areas. This means that residents of North Augusta can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.

Is North Augusta Affordable?

Wondering if North Augusta is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In North Augusta, for example, the median home price is 8% lower than what folks pay nationally, and monthly rent is 14.6% lower than the usual rates. Plus, income levels matter too, with North Augusta boasting a median household income of $63,795, which is 15.3% higher than the national average.

What Factors can Influence the Cost of Living in North Augusta?

Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.

Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In North Augusta, the housing index is 10% lower than the national average.

Taxes: Areas with higher taxes, including sales taxes and income taxes, can contribute to a higher cost of living. Paying more tax for everyday goods and services like clothing and food will result in higher costs, as will paying a higher rate of income tax. The general sales tax rate in North Augusta starts at 6% and the income tax rates start at 0%.

Where is the Data From?

The North Augusta cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in North Augusta is 3% lower than the South Carolina average
  • The cost of living in North Augusta is 10% lower than the national average
  • North Augusta housing is 10% 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 North Augusta

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Compare North Augusta, 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$79,898$6,658$1,864$2,397
      Renters$35,414$2,951$826$1,063
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in North Augusta, SC, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In North Augusta, homeowners have a median income of $79,898. Using that number, a maximum of $1,864 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $35,414, which means there is a maximum of $826 to be spent on the costs of renting a home or apartment.

      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 North Augusta 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 North Augusta 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 North Augusta 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 North Augusta National avg. Difference
      Home Price $170,000.00$184,700.008.0%
      Avg. Mortgage Payment $1,929.91$2,346.6917.8%
      Apartment Rent $810.00$949.0014.6%

      Transportation

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

      Utilities

      Item North Augusta 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.
      Clarks Hill, SC195919.5%
      Langley, SC2,1797524.9%
      Warrenville, SC7407623.9%
      Gloverville, SC3,0087821.8%
      Murphys Estates, SC1,5638119.0%
      North Augusta, SC23,370909.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Lisle, IL23,36312524.8%
      Oak Harbor, WA23,35812323.0%
      Maywood, IL23,3511000.0%
      Greenwood, SC23,3518613.9%
      Wilmington, MA23,39015958.9%
      North Augusta, SC23,370909.6%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.