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Cost of Living in Laurens County

Is it better to rent or buy in Laurens County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$57,506
$851/mo

Median in area: $851

$162,704

Median in area: $162,704

$32,541

If you Rent

🔑
$1,070 /mo
Base Rent$851
Est. Utilities$219
% of Income22.3%
Pre-tax Residual$3,722

If you Buy

🏠
$1,195 /mo
P&I (7.11%)$876
Taxes & Ins$100
Est. Utilities$219
% of Income24.9%
Pre-tax Residual$3,598

Compare Nearby Areas

See how Laurens County stacks up against neighboring areas.

countyUnion County, SC
$798/mo
countyGreenville County, SC
$1,349/mo
countyGreenwood County, SC
$932/mo
countyNewberry County, SC
$893/mo
countySpartanburg County, SC
$1,162/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Laurens County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Laurens County. The estimated all-in monthly cost for renting is $1,070, while owning a median-priced home with a 20% down payment is roughly $1,195 per month (a difference of $125).

How much do utilities cost in Laurens County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Laurens County is approximately $219. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Laurens County?›

To comfortably afford the median rent and utilities in Laurens County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $42,800 per year.