Elgin, SC, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Elgin stands at 90, which is 10% lower than the national benchmark of 100. This makes Elgin an attractive option for those seeking a more affordable lifestyle without significant sacrifices in quality of life.
Specifically, housing costs in Elgin are 15% lower than the national average, while groceries and miscellaneous expenses are just 10% and 12% below the national figures, respectively. Utilities and transportation costs are slightly above average, but healthcare costs align perfectly with the national average.
Elgin, SC, presents a cost of living that is notably lower than the nationwide average. The housing index in Elgin stands at 85, which is 15% below the national average of 100. This suggests that housing costs in Elgin are more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the groceries index is at 90, which is 10% below the national average. This indicates that purchasing food items in Elgin is slightly cheaper than the national average, offering potential savings for residents.
Utilities in Elgin are priced at 95, which is 5% below the national average. This small difference means that residents can expect slightly lower utility bills compared to the national average. The transportation index is at 92, which is 8% below the national average. This suggests that commuting costs in Elgin are more affordable, providing another area where residents can save money. Healthcare costs in Elgin match the national average at 100, ensuring that medical expenses remain consistent with the rest of the country. Lastly, the miscellaneous index is at 88, which is 12% below the national average, indicating that other living expenses are also relatively lower in Elgin. Overall, Elgin offers a cost of living that is beneficial for those seeking to reduce their expenses without compromising on quality.
