Cost of Living in Laurens, SC

Population 9,307 · South Carolina · Data vintage 2023

52
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Laurens sits on the smaller end of the South Carolina city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 2.5% — below most comparable cities in the state.

Located 70 miles northwest of Columbia, Laurens is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 43% lower than Columbia's $244,000.

Cost Overview

Housing 46
Rent 61

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

About the Cost of Living in Laurens

The median home value in Laurens is $139,800 — 54% below the national median of $305,000. Median rent runs $795/month, 39% lower than the national median of $1,314/month. The median household income of $55,207/year is 26% lower than the US median of $74,580. The local unemployment rate is 2.5%, below 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 72.6°F and lows of 49.8°F. Overall, Laurens has a cost of living index of 52 versus the US average of 100, meaning it is 48% less expensive.

🏠 Housing

Median Home Value
$139,800
54% below avg
Zillow Home Value
$182,994
Zillow ZHVI
Median Rent
$795/mo
39% below avg
Zillow Rent
$872/mo
Zillow ZORI
Price-to-Rent Ratio
14.7x
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 45.1%
Renter-occupied 54.9%

💰 Estimated Monthly Budget

Rent median rent
$795
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,409/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
24.4 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.8%

Commute Mode

Drove alone
76.1%
Carpooled
18.1%
Public transit
0.1%
Work from home
4.8%

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
$55,207
26% below avg
Per Capita Income
$31,735
Unemployment Rate
2.5%
48% below avg
Poverty Rate
22.0%
Labor Force Participation
52.2%

🎓 Education

Bachelor's degree+ 9.0%
Graduate degree 6.0%

👥 Demographics

Median Age 42.2
Male median age 39.9
Female median age 46.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
72.6°F
Avg Low
49.8°F
Annual Precip
42"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 535765738187908983746356
Low °F 323541485765696862493934
Precip" 3.913.614.172.792.993.723.833.253.353.033.324.04

🏫 Schools

NCES CCD 2019 — public school district data

79%
4-Year Graduation Rate
14:1
Student-teacher ratio
9
Public schools
5,678
Total enrollment

Frequently Asked Questions

What is the cost of living in Laurens, SC?

Laurens has a cost index of 52 (100 = national average). It is 48% below the national average.

What is average rent in Laurens, SC?

The median gross rent in Laurens is $795 per month based on 2023 Census data.

What is the average home price in Laurens?

The median home value in Laurens is $139,800 according to Zillow and Census data.

What is the median income in Laurens?

The median household income in Laurens is $55,207 per year (2023 ACS 5-year estimates).

What is the sales tax in Laurens, SC?

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

Is Laurens, SC affordable?

Yes, Laurens is generally considered affordable, with a cost of living index of 52 — about 48% below the US national average of 100.

What is the weather like in Laurens?

Laurens has average high temperatures of 72.6°F and average lows of 49.8°F. Annual precipitation is 42". Data from NOAA 1991–2020 Climate Normals.

Laurens at a Glance

Population
9,307
Median Income
$55,207
Home Value
$139,800
Median Rent
$795/mo
Unemployment
2.5%
Avg High Temp
72.6°F
Sales Tax
7.5%
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🗺️ County data for South Carolina

Explore county-level cost of living data

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