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Cost of Living in Spartanburg County

Is it better to rent or buy in Spartanburg 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.

$69,711
$1,162/mo

Median in area: $1,162

$232,202

Median in area: $232,202

$46,440

If you Rent

🔑
$1,320 /mo
Base Rent$1,162
Est. Utilities$158
% of Income22.7%
Pre-tax Residual$4,489

If you Buy

🏠
$1,551 /mo
P&I (7.082%)$1,246
Taxes & Ins$147
Est. Utilities$158
% of Income26.7%
Pre-tax Residual$4,258

Compare Nearby Areas

See how Spartanburg County stacks up against neighboring areas.

Cost of Living FAQs

Is it cheaper to rent or buy in Spartanburg County?

Based on median housing data, renting is currently more affordable on a monthly basis in Spartanburg County. The estimated all-in monthly cost for renting is $1,320, while owning a median-priced home with a 20% down payment is roughly $1,551 per month (a difference of $231).

How much do utilities cost in Spartanburg County?

The average monthly utility cost (electricity and natural gas) for a typical home in Spartanburg County is approximately $158. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Spartanburg County?

To comfortably afford the median rent and utilities in Spartanburg County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $52,800 per year.