Cost of Living in McCormick, SC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
67.2
100 = national avg
-32.8 vs national average
Living Wage (1 Adult)
$29,584
per year
Living Wage (Family of 4)
$69,927
per year
Cost Index by Category
Housing57.7
Food80.8
Transportation61.6
Healthcare84.6
Utilities80.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$729
per month
2 Bedroom
$956
per month
The overall cost of living index in McCormick is 67.2, which is 32.8% below the national average. Housing costs are below the national average at an index of 57.7. A single adult needs to earn approximately $29,584 per year to cover basic expenses.