Cost of living index
Florence, SC
86.8 / 100
Living in Florence, SC is 13.2% cheaper than the US average.
Overall prices
86.8
Housing / rent
52.4
vs US average
−13.2%
What it costs to live in Florence, SC
Florence, SC has an overall price level of 86.8 compared with the national average of 100, meaning everyday costs run about 13.2% lower than a typical US metro. Housing tells the sharper story: at 52.4 it is 47.6% below the national average. Because rent and mortgage payments are the biggest line in most household budgets, that housing figure is usually what you’ll feel most when you move here.
Common questions
Is Florence, SC an expensive place to live?
Florence, SC has an overall cost-of-living index of 86.8, where 100 is the US average. That makes it about 13.2% cheaper than the country as a whole.
Is housing expensive in Florence, SC?
Housing in Florence, SC scores 52.4 against a US average of 100 — roughly 47.6% below average. Housing is usually the largest single cost, so it drives most of the overall difference.
How does Florence, SC compare to the US average cost of living?
Overall prices in Florence, SC sit at 86.8 versus 100 for the US average, with housing at 52.4. Figures come from the US Bureau of Economic Analysis for 2024.