The cost of living index in Lyman, SC, shows a generally favorable comparison to the nationwide average, which is set at 100. Housing costs in Lyman stand at 85, which is 15% below the national average. This suggests that housing expenses are notably lower in Lyman, making it an attractive option for potential residents looking to save on living costs.
Other categories like groceries, utilities, transportation, and miscellaneous expenses also show competitive rates. Groceries are priced at 95, utilities at 98, transportation at 90, and miscellaneous expenses at 92. Healthcare costs remain on par with the national average at 100. This balanced index indicates that Lyman offers a cost-effective living environment with only minor variations from the national standard.
The cost of living index in Lyman, SC, shows a mix of affordability and typical expenses compared to the nationwide average. Housing costs in Lyman stand at 85, which is 15% lower than the national average. This makes it a more budget-friendly option for those looking to settle in this area. People can expect to spend less on rent or mortgage payments compared to the average American.
Other expenses in Lyman also reflect a generally lower cost of living. Groceries cost 95, which is 5% below the national average. This means that buying food is slightly cheaper here. Utilities are at 98, which is just 2% above the average, indicating minimal extra cost for services like electricity and water. Transportation costs are at 90, which is 10% lower than the national average, making it easier to get around without spending much. Healthcare costs are the same as the national average at 100, so medical expenses are in line with what most people pay across the country. Miscellaneous costs, which include things like entertainment and personal care, are at 92, which is 8% lower than the average. Overall, Lyman offers a cost of living that is mostly favorable for those seeking a more affordable lifestyle.
