Cost of Living in Columbia, SC

Population 138,019 · South Carolina · Data vintage 2023

83
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Columbia cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $244,000, rents near $1,158 a month. Around 23% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Cost Overview

Housing 80
Rent 88

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Columbia

The median home value in Columbia is $243,500 — 20% below the national median of $305,000. Median rent runs $1,158/month, 12% lower than the national median of $1,314/month. The median household income of $55,653/year is 25% lower than the US median of $74,580. The local unemployment rate is 7.6%, above the national average of 4.8%. South Carolina's top state income tax rate is 6.4% and the combined sales tax is 7.5%. The climate averages highs of 76.0°F and lows of 54.9°F. Overall, Columbia has a cost of living index of 83 versus the US average of 100, meaning it is 17% less expensive.

🏠 Housing

Median Home Value
$243,500
20% below avg
Zillow Home Value
$226,769
Zillow ZHVI
Median Rent
$1,158/mo
12% below avg
Zillow Rent
$1,458/mo
Zillow ZORI
Price-to-Rent Ratio
17.5x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$807
1 BR
$841
2 BR
$1,028
3 BR
$1,294
4 BR
$1,567
Owner-occupied 47.3%
Renter-occupied 52.7%

💰 Estimated Monthly Budget

Rent median rent
$1,158
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,772/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
18.7 min
31% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.8%

Commute Mode

Drove alone
62.9%
Carpooled
6.9%
Public transit
1.4%
Walked
16.4%
Bicycle
0.3%
Work from home
9.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 6.4%
Total Sales Tax 7.5%
State rate 6.0%
Avg local rate 1.5%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$55,653
25% below avg
Per Capita Income
$38,087
Unemployment Rate
7.6%
58% above avg
Poverty Rate
23.3%
Labor Force Participation
65.4%

🎓 Education

Bachelor's degree+ 25.2%
Graduate degree 20.9%

👥 Demographics

Median Age 28.7
Male median age 28.3
Female median age 29.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
76.0°F
Avg Low
54.9°F
Annual Precip
43.7"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 576169778490939186776760
Low °F 374046536270737267564439
Precip" 3.413.273.482.702.954.774.804.654.333.072.783.47

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
56.7%
Good air days/yr
123
Max AQI recorded
237
PM2.5 days
127
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

86.3%
4-Year Graduation Rate
13.5:1
Student-teacher ratio
81
Public schools
51,971
Total enrollment

Frequently Asked Questions

What is the cost of living in Columbia, SC?

Columbia has a cost index of 83 (100 = national average). It is 17% below the national average.

What is average rent in Columbia, SC?

The median gross rent in Columbia is $1,158 per month based on 2023 Census data.

What is the average home price in Columbia?

The median home value in Columbia is $243,500 according to Zillow and Census data.

What is the median income in Columbia?

The median household income in Columbia is $55,653 per year (2023 ACS 5-year estimates).

What is the sales tax in Columbia, SC?

The combined state and local sales tax rate in Columbia is 7.5%. The South Carolina state income tax top rate is 6.4%.

Is Columbia, SC affordable?

Yes, Columbia is generally considered affordable, with a cost of living index of 83 — about 17% below the US national average of 100.

What is the weather like in Columbia?

Columbia has average high temperatures of 76.0°F and average lows of 54.9°F. Annual precipitation is 43.7". Data from NOAA 1991–2020 Climate Normals.

Columbia at a Glance

Population
138,019
Median Income
$55,653
Home Value
$243,500
Median Rent
$1,158/mo
Unemployment
7.6%
Avg High Temp
76.0°F
Sales Tax
7.5%
View all cities in South Carolina →
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Explore county-level cost of living data

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