Cost of Living in Ridgeland, SC

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

Cost of Living Overview

Overall Index

103.6

100 = national avg

+3.6 vs national average

Living Wage (1 Adult)

$45,586

per year

Living Wage (Family of 4)

$107,749

per year

Cost Index by Category

Housing
99.4
Food
104.3
Transportation
108.6
Healthcare
103.4
Utilities
102.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,407

per month

2 Bedroom

$1,542

per month

The overall cost of living index in Ridgeland is 103.6, which is 3.6% above the national average. Housing costs are below the national average at an index of 99.4. A single adult needs to earn approximately $45,586 per year to cover basic expenses.