Cost of Living in Hickory grove, SC
Housing
The housing market plays a significant role in determining the cost of living in Hickory grove, 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
Considering a move to Hickory grove, SC? The current median home price stands at an affordable 175000, indicating potential for entry-level homebuyers. Currently, the housing index is 99.6, which may suggest a favorable market for purchasing property, although the absence of rental data might indicate limited availability. When renting, options may be scarce or undefined, pointing towards a home-buying ideal rather than renting. Overall, the economic outlook appears encouraging, aligning with a low cost of living and providing a unique opportunity for home investment.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hickory grove, 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 Hickory grove, SC could entail higher utility costs. Electricity costs sit at $14.18, while natural gas is priced at $23.51 per Thousand Cubic Feet β 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 Hickory grove is a financially viable option for your relocation.