Cost of Living in Welcome, SC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
96.1
100 = national avg
-3.9 vs national average
Living Wage (1 Adult)
$42,285
per year
Living Wage (Family of 4)
$99,947
per year
Cost Index by Category
Housing95.8
Food97.3
Transportation94.7
Healthcare97.9
Utilities97.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,221
per month
2 Bedroom
$1,339
per month
The overall cost of living index in Welcome is 96.1, which is 3.9% below the national average. Housing costs are below the national average at an index of 95.8. A single adult needs to earn approximately $42,285 per year to cover basic expenses.