The cost of housing index in Greenville is 81.1 percent. Greenville’s housing costs are greater than the South Carolina average of 73.6 percent, although being lower than the national average.
Greenville houses have an average value of about $275,000. The housing market has increased by 2% during the previous year.
The typical list price for all properties in adjacent Spartanburg is $296,900, while the median list price for all homes in Anderson is $279,900.
When comparing property prices across the region, the typical list price in Charlotte is $444,900, while the median price in Asheville is $350,000. The current median list price for all residences in Columbia is $242,000, but it is $350,000 in Atlanta, Georgia.
Median Home Price
Greenville’s median list price for single-family homes is roughly $341,900, which is higher than the national average.
Greenville’s median list prices vary depending on the neighborhood and other factors. The Augusta Road neighborhood has a typical list price of $592,500, while the North Main neighborhood has a median list price of $387,000. The typical list price in the Overbrook Historic District is $299,000, while the median list price in the Viola region is $569,000.
Median Rent
The median rental price for a studio apartment in Greenville is $1,167, but only $1,078 for a two-bedroom unit.
Greenville’s average apartment rent is $1,136 per month for a 954-square-foot apartment, up 4% year over year. In comparison, Columbia’s average rent is $1,090, while Greer’s average rent is $1,029.
The average rent in Greenville’s Pleasant Valley area is $731, while the average rent in the Overbrook community is $1,014 per month. The average price of an apartment in Cleveland Forest is $1,403.
The median rent for single-family houses is $1,240, which is $229 less than the national average of $1,469.
Utilities
Greenville’s utility costs are slightly lower than the national average, with a cost index of 96.9. At 103.9, the utilities cost index for the entire state of South Carolina is greater than Greenville’s.
The cost of utilities for a 915-square-foot apartment is around $126 per month, which includes power, heating, cooling, water, and garbage. Internet service costs around $60 per month on average.
In Greenville, the average annual cost of homeowner’s insurance is $1,100. Renter’s insurance in the city is around $18 per month, or $215 per year. This is a little more than the national average, which is around $16 per month or $192 per year. South Carolina has the highest average renter’s insurance premium, at $19 per month or $230 per year.
In Greenville, SC, how much do utilities cost each month?
You’ll have to pay an energy bill whether you rent or buy, though some tenants have it covered. According to data from the US Energy Information Administration (EIA), the average monthly bill in South Carolina in 2017 was $140.80. South Carolina is the third most expensive state in the country, after Hawaii ($149.33) and Alabama ($142.55).
In South Carolina, how much do monthly utilities cost?
According to a new survey, the average monthly utility bill in South Carolina is $450. This was the county’s third-highest rate. According to the survey, the average monthly electric bill in South Carolina was $140.80, with natural gas expenditures at $94.32.
What is the typical monthly water bill in Greenville, South Carolina?
Typical Water Bill The average monthly water bill in Greenville is $12 to $15, while the sewage charge is roughly $50.
What is the cost of power in Greenville, SC?
Greenville residents pay an average of 11.14 cents per kilowatt hour for household energy, which is 15.45 percent less than the average price in South Carolina (13.18 cents) and 19.04 percent cheaper than the national average (13.76 cents). Duke Energy Carolinas is the city’s major provider, with an estimated 2,328 residential users. Within the recent year, the city’s emissions per capita ratio increased by 13.17 percent.
Greenville ranks 6th worst out of 475 communities in the state for total emissions from power usage, emitting 289,946,859.96 kg of CO2. In terms of pollution per capita, the city ranks 9th in South Carolina, with an average of 4,099.93 kg of CO2 emissions per citizen. One electricity generating plant is located in the city. Greenville’s preferred fuel is distillate fuel oil, which accounts for 100.00 percent of the city’s energy output.
What is the typical water bill in South Carolina?
A single-family home in South Carolina costs an average of $170,100. While property values in South Carolina are slightly lower than in North Carolina, the average home value in the state is $193,500.
Rent is more expensive than purchasing a home. The state’s average market rent for an apartment is $1,136 per month. In 2020, the median condo price was $165,922. The cost of renting a unit varies significantly depending on the unit type and amenities, as well as the location in South Carolina.
In Greenville, SC, for example, the average apartment size is just over 950 square feet, with a monthly rent of $1,196. Studio flats are plentiful and, in general, the most cost-effective in this area. The average rent in Columbia for a one-bedroom apartment outside of the city center is $790. In general, the closer you reside to a city’s hub or core, the higher your rent and utility costs will be. One of the most important elements affecting the cost of living in South Carolina is housing.
Utility Expenses
In South Carolina, whether you’re a renter or a homeowner, you’ll almost certainly have to pay for utilities. Electricity, water, gas, sewer, and trash services are among the fundamental essentials. In the state, the average electric bill is $145, while the average gas cost is roughly $100. Water rates should be around $32 per month, and sewer charges should be around $37.
Utilities may be significantly more expensive if you live in a larger city, such as Columbia, than if you live in a distant suburb. Basic utilities, such as electricity, heating, cooling, water, and garbage, cost roughly $168 per month for a 915 square foot apartment in Columbia, SC.
For the same size apartment in Greenville, basic utilities will cost you just over $92, which is significantly cheaper. Expect to pay $56.25 per month for internet service.
Food Budget
Food and grocery prices in South Carolina are just around 5% lower than the national average. While this may appear to be a minor save, it adds up over the course of a year. That money could be used for something else on your budget.
A gallon of milk costs $2.25 across the state, and a dozen eggs costs roughly $3. A lunch at a neighborhood restaurant can set you back roughly $12, while a fast food meal will set you back around $8.
A three-course lunch at a mid-range restaurant in a metropolitan city like Columbia costs around $60. A standard cappuccino will set you back roughly $3.50, while a pound of your favorite cheese would set you back around $5 at the local deli.
How much does it cost to live in Greenville, South Carolina?
Greenville’s housing costs are 22% lower than the national average, while its utility costs are 3% higher. The cost of transportation, such as bus fares and gas, is 8% less than the national average. Greenville’s grocery prices are exactly the same as the national average.
Is it expensive to use utilities in South Carolina?
South Carolinians pay an average of $473.78 per month on utilities, according to a 29 survey, putting the state at No. 7 on the list of most expensive utilities in the United States. While electricity is the most expensive utility in most of the country, especially on the East Coast, natural gas is the most expensive in South Carolina.
What does a typical natural gas bill in South Carolina look like?
1. Hawaii: Hawaii’s main culprits are electricity and natural gas, both of which are among the most expensive in the US. The average monthly cost of electricity is $300.04, while natural gas is $232.20. This helps to explain Hawaii’s high average monthly power bill of $730.86.
3. Rhode Island: Natural gas and internet expenses in Rhode Island are among the highest in the US, ranking fourth and second, respectively.
4. Connecticut: Natural gas costs an average of $114.11 per month in Connecticut, which is more than the national average. Connecticut’s average electricity cost of $187.29 is very high, ranking third in the country.
5. New York: The average cost of electricity in New York is $173.84 per month. This helps to explain why the average monthly utility expenses in the state are so high.
6. New Hampshire: At $169.35 and $107.67, respectively, New Hampshire’s electricity and natural gas costs are higher than the national average.
8. Massachusetts: Electric bills in Massachusetts are among the highest in the country, averaging $185.05 per month.
9.Vermont: Monthly electricity and natural gas bills in Vermont are higher than the national average, at $160.20 and $110.43, respectively. As a result of this combination, this state is ranked eighth on this list.
10. Maine: Maine is at the bottom of the list of states with the highest utility costs. Maine residents may see why they’re in 10th place by looking at their average natural gas and electricity rates, which are $146.30 and $132.04, respectively.
2. Utah: Utah has below-average power, natural gas, and internet service. At $52.33 per month, natural gas is the second most cheap fuel in the US.
3. Montana: Montana is the third-cheapest state for utility expenses, with natural gas costing an average of $52.12 per month in 2018, the lowest rate in the US.
5. Nevada: Low natural gas prices are a major element in Nevada’s ranking as the fifth most cost-effective state in the United States. Electricity is also reasonably priced here, costing an average of $101.71 per month in 2018.
6. Louisiana: The average monthly electric bill in Louisiana was $86.83 in 2018. Because of this, the state was ranked sixth most economical in terms of monthly utility expenses.
7. Oregon: Residents of Oregon are lucky in that their monthly electricity and natural gas bills are lower than the national average. As a result, the state boasts some of the most affordable monthly utility costs in the country.
8. South Dakota: While their power rates aren’t particularly cheap, residents of South Dakota pay less for internet service and natural gas than the majority of their countrymates.
9. Arkansas: With an average monthly electric bill of $89.52, Arkansas is one of the lowest-cost states in the US. The average internet bill in the state was $51.04 per month, which placed 48th in the US.
10. Wisconsin: In 2018, Wisconsin’s monthly power expenses were among the highest in the country, but internet connection and natural gas costs were significantly lower than the national average.
Is Greenville, South Carolina, a nice place to call home?
Livability examines community facilities, education, sustainability, transportation, housing, and the economy to see what makes small-to-medium-sized cities attractive places to live.
Best little towns, best college towns, and the yearly Top 100 Best Places to Live are among the themes covered by rankings.
Greenville is referred to as a “major gastronomic city” in the list, with excursions such as the BBQ Trial, Breakfast Tour, and International Coffee Course devoted to the area’s culinary all-stars.
Greenville, South Carolina, is a good place to retire.
Greenville, South Carolina is an excellent retirement destination for seniors who enjoy being active. Greenville’s lively cultural environment, diverse arts and entertainment, bustling food scene, moderate winters, and inexpensive cost of living make it an ideal retirement destination.
Greenville, SC allows you to keep more money in your pocket without demanding a significant lifestyle adjustment when it comes to general affordability, taxes, and affordable health care.