Cost Of Living in Sharon, 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	Sharon	South Carolina	National
Cost of living	94	93	100
Goods & Services	96	100	100
Groceries	98	99	100
Health care	97	94	100
Housing	87	80	100
Transportation	97	91	100
Utilities	93	107	100

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Cost Of Living Quick Facts

The cost of living in Sharon is equal to the South Carolina average
The cost of living in Sharon is 6% lower than the national average
Sharon housing is 13% 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	$0	$0	$0	$0
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	Sharon	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	Sharon	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	Sharon	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	Sharon	National avg.	Difference
Home Price	$174,300.00	$184,700.00	5.6%
Avg. Mortgage Payment	$1,758.32	$2,346.69	25.1%
Apartment Rent	$664.00	$949.00	30.0%

Transportation

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

Utilities

Item	Sharon	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.
Lockhart, SC	427	79	20.8%
Smyrna, SC	26	82	18.0%
Blacksburg, SC	2,101	83	17.1%
Hickory Grove, SC	597	88	11.8%
York, SC	8,287	92	7.8%
Sharon, SC	590	94	6.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Hillsboro, AL	590	88	11.7%
El Prado Estates, AZ	590	86	14.2%
Bodega, CA	590	235	134.9%
Avalon, FL	590	101	0.5%
Emlyn, KY	590	79	21.2%
Sharon, SC	590	94	6.5%

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 Sharon, SC