Cost of Living in Cheraw, SC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
63.7
100 = national avg
-36.3 vs national average
Living Wage (1 Adult)
$28,049
per year
Living Wage (Family of 4)
$66,298
per year
Cost Index by Category
Housing72.1
Food70.8
Transportation41.7
Healthcare76.7
Utilities76.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$687
per month
2 Bedroom
$902
per month
The overall cost of living index in Cheraw is 63.7, which is 36.3% below the national average. Housing costs are below the national average at an index of 72.1. A single adult needs to earn approximately $28,049 per year to cover basic expenses.