Cost of Living in Elgin, SC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
120.3
100 = national avg
+20.3 vs national average
Living Wage (1 Adult)
$52,917
per year
Living Wage (Family of 4)
$125,077
per year
Cost Index by Category
Housing120.2
Food114.4
Transportation128.7
Healthcare111.5
Utilities112.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$849
per month
2 Bedroom
$1,009
per month
The overall cost of living index in Elgin is 120.3, which is 20.3% above the national average. Housing costs are above the national average at an index of 120.2. A single adult needs to earn approximately $52,917 per year to cover basic expenses.