Cost of Living in Iva, SC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
65.4
100 = national avg
-34.6 vs national average
Living Wage (1 Adult)
$28,772
per year
Living Wage (Family of 4)
$68,005
per year
Cost Index by Category
Housing70.0
Food68.6
Transportation66.8
Healthcare74.9
Utilities75.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,035
per month
2 Bedroom
$1,173
per month
The overall cost of living index in Iva is 65.4, which is 34.6% below the national average. Housing costs are below the national average at an index of 70.0. A single adult needs to earn approximately $28,772 per year to cover basic expenses.