Landrum, SC, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Landrum stands at 90, which is 10% below the national average of 100. This reduction is primarily due to the housing index, which is 15% lower than the national average.
Despite the lower housing costs, other categories like groceries, utilities, transportation, and miscellaneous expenses remain close to the national average. Healthcare costs in Landrum match the national average, providing a balanced cost structure for potential residents.
Landrum, SC, offers a cost of living that is notably lower than the nationwide average. The housing index in Landrum stands at 85, which is 15% below the national average of 100. This suggests that housing costs in Landrum are more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the groceries index is at 95, only 5% below the average, indicating that food costs remain quite reasonable.
Utilities and transportation in Landrum also present good value, with both indices at 90. This means that utility costs are 10% below the national average, and transportation costs are also 10% lower. These savings can add up significantly over time, providing financial relief for residents. The healthcare index matches the national average at 100, ensuring that medical costs are on par with the rest of the country. Overall, Landrum offers a cost-effective living environment with several key areas below the national average.