Cost of Living in Newberry, SC
Housing
The housing market plays a significant role in determining the cost of living in Newberry, SC.
- Housing Index: 99.6 / 100
- Median Home Price is: $199,000
- Average Rent (2 BR Apartment): $1620 per month
- Average Rent (2 BR House): $1761 per month
Considering the data for Newberry, SC, the housing index sits at 99.6, indicating a relatively affordable market. The median home price of 199000 makes homeownership accessible compared to many U.S. cities. Renting options are also reasonable, with an average rent of 1620 for a 2-bedroom apartment and 1761 for a house. For potential residents, this balance between home prices and rental rates may translate into significant savings and an appealing living environment. Be sure to factor in local amenities and quality of life when making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Newberry, 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 Newberry, 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 Newberry is a financially viable option for your relocation.