Cost of Living in Mount Carmel, SC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
73.8
100 = national avg
-26.2 vs national average
Living Wage (1 Adult)
$32,461
per year
Living Wage (Family of 4)
$76,725
per year
Cost Index by Category
Housing40.5
Food81.7
Transportation143.8
Healthcare85.4
Utilities77.1
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 Mount Carmel is 73.8, which is 26.2% below the national average. Housing costs are below the national average at an index of 40.5. A single adult needs to earn approximately $32,461 per year to cover basic expenses.