Cost Of Living in Lane, SC

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Lane	South Carolina	National
Cost of living	82	93	100
Goods & Services	97	100	100
Groceries	102	99	100
Health care	89	94	100
Housing	39	80	100
Transportation	88	91	100
Utilities	121	107	100

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Cost Of Living Quick Facts

The cost of living in Lane is 13% lower than the South Carolina average
The cost of living in Lane is 18% lower than the national average
Lane housing is 61% lower than the national average
South Carolina general sales tax is 18% higher than the national average
South Carolina state income tax is 100% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$36,875	$3,073	$860	$1,106
Renters	$0	$0	$0	$0

South Carolina Sales Tax

State	General Sales Tax	With Max Surtax
South Carolina	6%	9%

South Carolina Income Tax

State	Income Tax (Low)	Income Tax (High)
South Carolina	0%	6.5%

Goods & Services

Item	Lane	National avg.	Difference
Haircut	$26.38	$24.26	8.7%
Beauty Salon	$56.15	$45.56	23.2%
Toothpaste	$3.77	$3.70	1.8%
Shampoo	$1.38	$1.28	7.5%
Movie	$11.30	$12.13	6.8%
Bowling	$19.43	$18.00	8.0%

Groceries

Item	Lane	National avg.	Difference
Ground Beef	$6.22	$5.84	6.5%
Fried Chicken	$1.67	$1.57	6.2%
Milk	$4.59	$4.67	1.8%
Potatoes	$5.51	$4.93	11.6%
Pizza	$10.83	$12.09	10.4%
Beer	$10.61	$10.41	1.9%

Health Care

Item	Lane	National avg.	Difference
Optometrist	$78.10	$125.68	37.9%
Doctor	$137.50	$135.78	1.3%
Dentist	$97.17	$113.29	14.2%
Ibuprofen	$10.75	$10.65	0.9%
Lipitor	$373.44	$468.60	20.3%

Housing

Item	Lane	National avg.	Difference
Home Price	$72,500.00	$184,700.00	60.7%
Avg. Mortgage Payment	$2,134.33	$2,346.69	9.0%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Lane	National avg.	Difference
Gasoline	$3.18	$3.46	8.0%
Tire Balancing	$46.64	$59.92	22.2%

Utilities

Item	Lane	National avg.	Difference
All Electricity	$258.50	$193.99	33.3%
Phone	$194.25	$192.25	1.0%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Russellville, SC	173	100	0.4%
Greeleyville, SC	344	82	17.6%
Bonneau, SC	1,801	85	15.4%
Kingstree, SC	3,058	86	13.7%
St. Stephen, SC	1,511	89	10.8%
Lane, SC	569	82	18.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Otis, CO	569	89	11.0%
Hecker, IL	569	87	13.2%
Bertha, MN	569	86	13.8%
Ringwood, OK	569	83	16.7%
Adams, OR	569	94	5.7%
Lane, SC	569	82	18.5%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Lane, SC