Cost Of Living in Saxon, 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	Saxon	South Carolina	National
Cost of living	80	93	100
Goods & Services	96	100	100
Groceries	98	99	100
Health care	97	94	100
Housing	42	80	100
Transportation	97	91	100
Utilities	93	107	100

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Cost Of Living Quick Facts

The cost of living in Saxon is 14% lower than the South Carolina average
The cost of living in Saxon is 20% lower than the national average
Saxon housing is 58% 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	$32,473	$2,706	$758	$974
Renters	$20,076	$1,673	$468	$602

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Saxon, SC, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Saxon, homeowners have a median income of $32,473. Using that number, a maximum of $758 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $20,076, which means there is a maximum of $468 to be spent on the costs of renting a home or apartment.

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	Saxon	National avg.	Difference
Haircut	$25.10	$24.26	3.5%
Beauty Salon	$45.93	$45.56	0.8%
Toothpaste	$3.67	$3.70	0.8%
Shampoo	$1.38	$1.28	7.8%
Movie	$12.15	$12.13	0.1%
Bowling	$16.41	$18.00	8.8%

Groceries

Item	Saxon	National avg.	Difference
Ground Beef	$5.46	$5.84	6.5%
Fried Chicken	$1.67	$1.57	6.2%
Milk	$4.58	$4.67	1.9%
Potatoes	$5.50	$4.93	11.5%
Pizza	$10.64	$12.09	12.0%
Beer	$10.46	$10.41	0.5%

Health Care

Item	Saxon	National avg.	Difference
Optometrist	$108.14	$125.68	14.0%
Doctor	$131.80	$135.78	2.9%
Dentist	$103.51	$113.29	8.6%
Ibuprofen	$10.31	$10.65	3.2%
Lipitor	$524.92	$468.60	12.0%

Housing

Item	Saxon	National avg.	Difference
Home Price	$42,900.00	$184,700.00	76.8%
Avg. Mortgage Payment	$1,758.32	$2,346.69	25.1%
Apartment Rent	$814.00	$949.00	14.2%

Transportation

Item	Saxon	National avg.	Difference
Gasoline	$3.16	$3.46	8.7%
Tire Balancing	$67.10	$59.92	12.0%

Utilities

Item	Saxon	National avg.	Difference
All Electricity	$171.72	$193.99	11.5%
Phone	$191.25	$192.25	0.5%

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.
Converse, SC	545	96	3.7%
Fingerville, SC	31	96	3.7%
Gramling, SC	97	96	3.7%
Startex, SC	556	80	20.2%
Central Pacolet, SC	280	80	20.0%
Saxon, SC	3,727	80	20.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Warminster Heights, PA	3,726	114	14.0%
La Cienega, NM	3,728	107	7.2%
Lancaster, WI	3,725	90	9.7%
San Andreas, CA	3,729	124	24.4%
Collinsville, CT	3,729	126	26.2%
Saxon, SC	3,727	80	20.0%

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 Saxon, SC