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Cost of Living in Spartanburg, SC

Population 38,910 · Census ACS 2020–2024 5-year estimates

Median rent$1,099
Median home value$203,700
Median household income$51,964

The median rent in Spartanburg, SC is $1,099/month, 7% lower than the South Carolina median and 22% lower than the U.S. median. The median home value is $203,700, 39% lower than the national median. Households earn a median of $51,964 a year, 25% lower than the state median.

Affordability

Rent as a share of median income: 25.4%
Income needed for median rent (30% rule): $43,960/yr
Home price-to-income ratio: 3.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,030/mo

Run your own numbers: mortgage calculator · hourly to salary

Spartanburg vs. South Carolina vs. U.S.

SpartanburgSouth CarolinaU.S.
Median rent$1,099$1,180$1,413
Median home value$203,700$259,000$332,700
Median household income$51,964$69,324$80,734
Homeownership rate53.9%71.9%65.2%
Bachelor's degree or higher32.6%32.1%35.7%
Poverty rate23.8%14.1%12.5%
Unemployment rate7.4%4.9%5.2%
Work from home6.8%11.5%15.1%
Median age36.040.238.9

FAQ

What is the average rent in Spartanburg, SC?

The median gross rent in Spartanburg, SC is $1,099 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Spartanburg, SC?

Using the common 30% rule, renting a median-priced home takes about $43,960 a year in gross income.

Is Spartanburg, SC expensive to live in?

Rent there is 22% lower than the U.S. median, and the median home costs about 3.9 times the median household income.

Other cities in South Carolina

Charleston, SCRent $1,722 · Income $92,414Columbia, SCRent $1,204 · Income $55,529North Charleston, SCRent $1,430 · Income $62,956Mount Pleasant, SCRent $2,159 · Income $124,755Rock Hill, SCRent $1,341 · Income $68,771Greenville, SCRent $1,312 · Income $71,472

Cities with a similar cost of living

Wasco, CARent $1,089 · Income $51,727Hagerstown, MDRent $1,114 · Income $52,221Kalamazoo, MIRent $1,078 · Income $52,272Barstow, CARent $1,091 · Income $53,380Terrytown, LARent $1,135 · Income $51,718North Little Rock, ARRent $1,069 · Income $52,707

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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