The cost of living index in Laurens, SC, is notably lower than the nationwide average of 100. Housing costs are 26% less than the national average, with an index of 74. Other expenses like groceries, utilities, and healthcare also remain slightly below the national average, providing a more affordable living experience.
Laurens offers a balanced mix of lower housing costs and only marginally lower prices in other categories. This makes it an attractive option for those seeking an affordable place to live without sacrificing essential services. The overall cost of living index of 87 highlights a consistent trend of lower expenses across multiple areas.
The cost of living index in Laurens, South Carolina, offers a favorable comparison to the nationwide average, which is set at 100. Specifically, the housing index in Laurens stands at 74, indicating that housing costs are 26% lower than the national average. This is a significant advantage for individuals and families looking to save on their living expenses.
In contrast, other categories present mixed results but remain generally close to the average. Groceries, for example, have an index of 96, which means they are only 4% cheaper than the national average. Utilities in Laurens have an index of 94, which suggests a minor 6% increase. Transportation costs, with an index of 89, reflect a slight 11% decrease. Healthcare services in Laurens are slightly below the national average at 91, which translates to a 9% savings. Miscellaneous costs, indexed at 88, also present an 12% reduction. Overall, Laurens provides a mix of savings and slight increases, making it an attractive option for those looking to balance cost with quality of life.