Cheraw, SC, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Cheraw stands at 88, which is 12% below the national benchmark of 100. This lower cost of living makes Cheraw an attractive option for those seeking more affordable living conditions. The housing index, at 80, shows the most significant savings, while other categories like groceries and utilities remain close to the average.
Cheraw, SC, offers a cost of living that is notably lower than the nationwide average. The housing index in Cheraw stands at 80, which means it costs 20% less than the national average. This makes housing one of the most affordable aspects of living in Cheraw. Additionally, groceries are priced at 95, which is 5% less than the national average, providing some relief for those managing food budgets.
Utilities in Cheraw are priced at 90, which is 10% below the national average. This reduction can help residents save on monthly expenses. Transportation costs are also lower, with an index of 85, meaning they are 15% cheaper than the national average. Healthcare costs are slightly below the national average at 90, offering a modest saving of 10%. Miscellaneous expenses, with an index of 88, are 12% less expensive than the national average. Overall, Cheraw, SC, provides a cost of living that is more affordable in several key areas compared to the nationwide average.