Cost of Living in Lake City, SC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
67.8
100 = national avg
-32.2 vs national average
Living Wage (1 Adult)
$29,820
per year
Living Wage (Family of 4)
$70,483
per year
Cost Index by Category
Housing68.8
Food76.8
Transportation53.5
Healthcare81.4
Utilities79.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$953
per month
2 Bedroom
$1,117
per month
The overall cost of living index in Lake City is 67.8, which is 32.2% below the national average. Housing costs are below the national average at an index of 68.8. A single adult needs to earn approximately $29,820 per year to cover basic expenses.