Cost of Living in Bennettsville, SC
Housing
The housing market plays a significant role in determining the cost of living in Bennettsville, SC.
- Housing Index: 99.6 / 100
- Median Home Price is: $175,000
- Average Rent (2 BR Apartment): $1620 per month
- Average Rent (2 BR House): $1761 per month
Analyzing the data for Bennettsville, SC, it’s clear that the housing index is currently at a low of 99.6, suggesting favorable market conditions for buyers. The median home price stands at 175000, representing an accessible entry point into homeownership. However, with average rents for a 2-bedroom apartment and house at zero, it's essential to investigate further into the rental market, as it could suggest a lack of availability or data lag. Overall, if you’re considering a move to Bennettsville, the lower home prices might offer a significant opportunity for investment and growth in real estate values in the near future.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bennettsville, SC.
- Electricity Price: $14.18 USD (median by state)
- Natural Gas Price: $23.51 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $224 per month
Living in Bennettsville, SC could entail higher utility costs. Electricity costs sit at $14.18, while natural gas is priced at $23.51 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $224 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bennettsville is a financially viable option for your relocation.