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Cost of Living in Swansea

Is it better to rent or buy in Swansea? 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.

$93,140
$1,206/mo

Median in area: $1,206

$215,883

Median in area: $215,883

$43,177

If you Rent

🔑
$1,432 /mo
Base Rent$1,206
Est. Utilities$226
% of Income18.4%
Pre-tax Residual$6,330

If you Buy

🏠
$1,836 /mo
P&I (7.008%)$1,150
Taxes & Ins$460
Est. Utilities$226
% of Income23.7%
Pre-tax Residual$5,926

Cost of Living FAQs

Is it cheaper to rent or buy in Swansea?›

Based on median housing data, renting is currently more affordable on a monthly basis in Swansea. The estimated all-in monthly cost for renting is $1,432, while owning a median-priced home with a 20% down payment is roughly $1,836 per month (a difference of $404).

How much do utilities cost in Swansea?›

The average monthly utility cost (electricity and natural gas) for a typical home in Swansea is approximately $226. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Swansea?›

To comfortably afford the median rent and utilities in Swansea without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $57,280 per year.