Housing costs in Florence?
A typical home costs
$216,700, which is 35.9% less expensive than the national average of
$338,100 and 16.6% less expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Florence costs
$970 per month, which is 12.6% cheaper than the national average of
$1,110 and 8.2% more than the state average of
$890.
Can I afford Florence?
To live comfortably in Florence (zip 29501), South Carolina, a minimum annual income of
$41,400 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Florence?
Living in 29501 Florence, SC is relatively affordable. The cost of living is 14% lower than the US average, and housing costs are 35% lower than the national average. Rent for a one-bedroom apartment typically ranges from $500-$750 per month, while the median home value is around $80,000. Groceries and other basic needs are also inexpensive in 29501 Florence, SC due to its proximity to discount stores like Walmart and Target. Transportation is also relatively affordable with gas prices around 10% lower than the national average. Overall, living in this area provides an excellent quality of life at an affordable price.