Housing costs in Gaffney?
A typical home costs
$116,100, which is 65.7% less expensive than the national average of
$338,100 and 55.3% less expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Gaffney costs
$820 per month, which is 26.1% cheaper than the national average of
$1,110 and close to the state average of
$810.
Can I afford Gaffney?
To live comfortably in Gaffney (zip 29340), South Carolina, a minimum annual income of
$22,320 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Gaffney?
The cost of living in Gaffney, SC is very affordable. According to the most recent data from Sperling鈥檚 黑料社区, the cost of living index for Gaffney is 87.2, which is much lower than the national average of 100. Housing in particular is very affordable compared to other areas; the median home price is only $148,400, significantly lower than the US median home value of $231,200. The median household income in Gaffney is also quite competitive at $42,097. In addition to being affordable, Gaffney also boasts low taxes and a reasonable unemployment rate (4.5%). Overall it is clear that residents of 29340 Gaffney can enjoy an excellent quality of life without breaking the bank.