Cost of Living in Columbia, SC
2024 data from the Bureau of Economic Analysis
Cost Index
93.7
6.3% below avg
Housing Index
79.5
Median Income
$63,471
Median Rent
$1,096/mo
Cost Breakdown
Overall93.7 (-6.3%)
Housing79.5 (-20.5%)
Goods96.3 (-3.7%)
Utilities88.3 (-11.7%)
Other Services98.3 (-1.7%)
National average = 100
Income & Housing
Median Household Income
$63,471/year
Median Home Value
$192,600
Median Monthly Rent
$1,096/mo
Per Capita Income
$35,400/year
Compare Columbia, SC With
Frequently Asked Questions
Is Columbia, SC expensive to live in?
Columbia, SC has a cost of living index of 93.7, which is 6.3% below the national average.
How much does housing cost in Columbia, SC?
Housing costs in Columbia, SC are indexed at 79.5 compared to the national average of 100. The median monthly rent is $1,096.
What is the average income in Columbia, SC?
The median household income in Columbia, SC is $63,471 per year.
What is the average home price in Columbia, SC?
The median home value in Columbia, SC is $192,600.