Cost of Living in Lake Murray of Richland, SC

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

Cost of Living Overview

Overall Index

166.7

100 = national avg

+66.7 vs national average

Living Wage (1 Adult)

$73,368

per year

Living Wage (Family of 4)

$173,415

per year

Cost Index by Category

Housing
182.9
Food
140.5
Transportation
181.0
Healthcare
132.4
Utilities
140.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,164

per month

2 Bedroom

$1,276

per month

The overall cost of living index in Lake Murray of Richland is 166.7, which is 66.7% above the national average. Housing costs are above the national average at an index of 182.9. A single adult needs to earn approximately $73,368 per year to cover basic expenses.