Cost of Living in Clearwater, SC

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

85.9

100 = national avg

-14.1 vs national average

Living Wage (1 Adult)

$37,776

per year

Living Wage (Family of 4)

$89,288

per year

Cost Index by Category

Housing
81.3
Food
88.7
Transportation
96.1
Healthcare
91.0
Utilities
89.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,114

per month

2 Bedroom

$1,261

per month

The overall cost of living index in Clearwater is 85.9, which is 14.1% below the national average. Housing costs are below the national average at an index of 81.3. A single adult needs to earn approximately $37,776 per year to cover basic expenses.