Cayce, SC, shows a cost of living index that is slightly below the nationwide average. The overall cost of living index for Cayce stands at 92, which is 8% lower than the national average of 100. This suggests that residents of Cayce generally spend less on most living expenses compared to the national norm.
Specifically, the housing index in Cayce is 85, which is 15% lower than the nationwide average. For groceries, Cayce's index is 98, nearly matching the national standard. Utilities, transportation, healthcare, and miscellaneous costs in Cayce also run at or slightly below the national average, making it a relatively affordable place to live.
The cost of living in Cayce, SC, tends to be lower than the nationwide average, with an index of 93. This means that, overall, it costs less for residents to live in Cayce compared to the national average, which is set at 100. Housing in Cayce is particularly affordable, with an index of 85, indicating that it is 15% cheaper than the national average. This can be a significant advantage for those looking to buy or rent homes.
Other expenses also reflect this trend. For groceries, Cayce's cost of living index is 98, which is only 2% below the national average. Utilities are slightly cheaper, with an index of 90, making them 10% less expensive. Transportation costs in Cayce, at 92, are just 8% below the national average. Healthcare costs stand at 95, which is just 5% less than the nationwide average. Miscellaneous expenses, such as entertainment and personal care, also have an index of 90, showing they are 10% cheaper. Overall, Cayce offers a cost of living that is 7% below the national average.