Cost of Living in Greenville, SC

Updated November 2026 · Greenville County · Greenville-Anderson-Greer, SC metro area · population 72,935

Local cost index (CostLiving estimate)
95.3
Cheaper than the US average
BEA index for the Greenville-Anderson-Greer, SC metro area: 93.3
Monthly budget
$2,699
single adult · $5,210 family of 4
Modelled estimate, before taxes
Median rent
$1,312
per month, gross rent · US $1,413
Median home value
$487,500
US $332,700 · Very expensive

Prices in Greenville are 4.7% below the US average (local index 95.3; the BEA index for the Greenville-Anderson-Greer, SC metro area is 93.3), with local housing the biggest saving at 85.6; a single adult's modelled budget is about $2,699 a month and the median rent is $1,312.

Prices by category

CostLiving local estimate. 100 = US average; 110 means prices are 10% higher. Housing reflects Greenville's own median rent compared with the area's average rent; goods, utilities and other services are BEA's official price parities for the Greenville-Anderson-Greer, SC metro area, unchanged.

Greenville price index by category, US average = 100: All items 95.3, Housing (rents) 85.6, Goods 96.3, Utilities 88.8, Other services 98.3

Cheaper than US average More expensive · CostLiving estimate from BEA RPP 2024 and Census ACS rents

It is the 7th most expensive of the 12 South Carolina cities in our data. Cheaper than 74% of the cities we cover.

Official BEA Regional Price Parities for the Greenville-Anderson-Greer, SC metro area. 2024: goods 96.3, housing 76.8, utilities 88.8, other services 98.3.
BEA index201920202021202220232024
All items90.790.393.493.093.193.3

Monthly budget by household type

1 adult · 1-bedroom · modelled estimate for Greenville, SC

CategoryPer monthPer yearShare
Housing (rent) $1,074 $12,888 40%
Utilities $256 $3,072 9%
Food at home $272 $3,264 10%
Transportation $590 $7,080 22%
Health care $345 $4,140 13%
Clothing, personal care & supplies $162 $1,944 6%
Total$2,699$32,388100%

2 adults · 2-bedroom · modelled estimate for Greenville, SC

CategoryPer monthPer yearShare
Housing (rent) $1,262 $15,144 29%
Utilities $405 $4,860 9%
Food at home $502 $6,024 12%
Transportation $1,169 $14,028 27%
Health care $640 $7,680 15%
Clothing, personal care & supplies $319 $3,828 7%
Total$4,297$51,564100%

2 adults + 2 children · 3-bedroom · modelled estimate for Greenville, SC

CategoryPer monthPer yearShare
Housing (rent) $1,442 $17,304 28%
Utilities $493 $5,916 9%
Food at home $715 $8,580 14%
Transportation $1,552 $18,624 30%
Health care $597 $7,164 11%
Clothing, personal care & supplies $411 $4,932 8%
Total$5,210$62,520100%

Modelled estimate of basic costs, excluding taxes, child care and savings. Housing is rent excluding tenant-paid utilities (counted under utilities). See how the budget is calculated.

Housing costs in Greenville

Rent by number of bedrooms

SizeMedian rent
Studio $1,174
1 bedroom $1,189
2 bedrooms $1,397
3 bedrooms $1,597
4 bedrooms $1,758

Median rent: Census ACS 2020-2024 median gross rent by bedrooms (rent plus tenant-paid utilities, all renters).

Rent, home values and affordability

MeasureValue
Median gross rent$1,312
Median contract rent (excl. utilities)$1,185
Median home value$487,500
Owner costs with a mortgage$2,106/mo
Median household income$71,472
Rent as % of renter income Expensive30.1%
Home value ÷ household income Very expensive6.8×

Census ACS 5-year 2020-2024.

Electricity and gas prices

Residential electricity in South Carolina

15.76¢ per kWh, August 2026

12-month change: +4.0% (from 15.16¢) · US 18.16¢

Aug 2025: 15.16¢/kWh Sep 2025: 15.51¢/kWh Oct 2025: 15.82¢/kWh Nov 2025: 15.68¢/kWh Dec 2025: 14.94¢/kWh Jan 2026: 15.41¢/kWh Feb 2026: 16.15¢/kWh Mar 2026: 16.46¢/kWh Apr 2026: 17.06¢/kWh May 2026: 16.18¢/kWh Jun 2026: 15.55¢/kWh Jul 2026: 15.47¢/kWh Aug 2026: 15.76¢/kWh

Average household uses 1,069 kWh a month in South Carolina ≈ $169/month. Source: EIA-861M (statewide average).

Regular gasoline regional figure: Lower Atlantic (PADD 1C)

$3.69 per gallon, week of 2026-11-02

12-month change: +30.9% (from $2.82) · US $4.15

2026-05-11: $4.176/gal 2026-05-18: $4.120/gal 2026-05-25: $4.151/gal 2026-06-01: $3.932/gal 2026-06-08: $3.763/gal 2026-06-15: $3.725/gal 2026-06-22: $3.582/gal 2026-06-29: $3.605/gal 2026-07-06: $3.562/gal 2026-07-13: $3.642/gal 2026-07-20: $3.791/gal 2026-07-27: $3.867/gal 2026-08-03: $3.788/gal 2026-08-10: $3.749/gal 2026-08-17: $3.730/gal 2026-08-24: $3.785/gal 2026-08-31: $3.783/gal 2026-09-07: $3.860/gal 2026-09-14: $4.041/gal 2026-09-21: $4.163/gal 2026-09-28: $4.195/gal 2026-10-05: $3.959/gal 2026-10-12: $3.929/gal 2026-10-19: $3.860/gal 2026-10-26: $3.832/gal 2026-11-02: $3.695/gal

EIA weekly retail price survey; South Carolina is covered by the Lower Atlantic (PADD 1C) average.

Inflation in the South

Consumer prices in the South Census region rose +3.4% in the 12 months to September 2026 (US +3.7%). Nationally, food at home changed +1.8%, shelter +3.2% and energy +20.4%. Source: BLS CPI-U, not seasonally adjusted. CPI is published for regions and large metro areas, so the regional figure is shown.

Salary equivalent

Because prices in Greenville are 4.7% below the US average, $60,000 here has the buying power of about $63,000 in an average-priced US area.

Same buying power in an average-priced US area$63,000
Needed in Greenville to match $60,000 in an average-priced US area$57,200

Formula: US-equivalent = salary × 100 ÷ 95.3. Based on the local cost index (CostLiving estimate from BEA RPP and Census rents); taxes not included.

Nearby cities

CityDistanceIndexBudget (single)Median rent
Spartanburg, SC26 mi92.7 $2,403$1,099
Anderson, SC27 mi91.2 $2,281$975
Hendersonville, NC34 mi96.6 $2,699$1,332
Asheville, NC52 mi97.5 $2,754$1,402
Gastonia, NC73 mi93.7 $2,457$1,204
Rock Hill, SC76 mi95.4 $2,724$1,341

Cities with a similar cost of living

CityIndexBudget (single)Median rent
Syracuse, NY95.2 $2,458$1,039
Chicopee, MA95.2 $2,542$1,157
Kentwood, MI95.3 $2,583$1,260
Logan, UT95.2 $2,292$1,149
Overland Park, KS95.4 $2,731$1,515
Grand Rapids, MI95.4 $2,513$1,266

Compare Greenville with another city

Frequently asked questions

Is Greenville, SC an expensive place to live?

Greenville has a local cost of living index of 95.3, which is 4.7% below the US average. This CostLiving estimate starts from the BEA Regional Price Parities 2024 for the Greenville-Anderson-Greer, SC metro area (93.3) and adjusts housing to Greenville's own rents. It is 1.5 points above the South Carolina average. It is the 7th most expensive of the 12 South Carolina cities in our data. Cheaper than 74% of the cities we cover.

How much money do you need to live in Greenville?

Our modelled estimate of basic monthly costs is $2,699 for a single adult, $4,297 for a couple and $5,210 for a family of four, before taxes, child care and savings. A $60,000 salary in an average-priced US area buys about the same as $57,200 in Greenville.

What is the average rent in Greenville?

The median gross rent (rent plus tenant-paid utilities) is $1,312 a month (Census ACS 2020-2024). By size: 1 bedroom $1,189, 2 bedrooms $1,397, 3 bedrooms $1,597. The typical renter spends 30.1% of household income on rent (expensive).

How much does a house cost in Greenville?

The median owner-estimated home value is $487,500, 6.8 times the median household income of $71,472 (very expensive). Owners with a mortgage pay a median $2,106 a month in housing costs.

How much is electricity and gas in Greenville?

South Carolina residential electricity averaged 15.76¢ per kWh in August 2026 (US 18.16¢). Regular gasoline was $3.69 a gallon (Lower Atlantic (PADD 1C) average, week of 2026-11-02).

Sources and notes

Labels such as “county figure” or “state nonmetro figure” mark values that come from a larger area because the city-level figure is unavailable or unreliable. The monthly budget is a modelled estimate, not observed spending, and excludes taxes. This page is for general information and is not financial advice. Methodology · All sources