Tega Cay, SC Cost Of Living

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Updated: 2020-03-08
Tega Cay's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Tega Cay is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Tega Cay, SC?

According to the most recent data on the cost of living, Tega Cay has an overall cost of living index of 119 which is 1.2x higher than the national index of 100.

Compared to only South Carolina, Tega Cay has a cost of living index that's 1.3x higher than South Carolina's index of 94.

The standard of living in Tega Cay ranks as #4747 most affordable out of the 6522 places we measured in South Carolina. By definition, that implies Tega Cay ranks as the #1659 most expensive place in the Palmetto State.

For more reading on life in Tega Cay, check out:

Tega Cay Cost Of Living Vs. South Carolina

Living Expense Tega Cay South Carolina National Average
Overall 119 94 100
Services 106 102 100
Groceries 103 102 100
Health 101 95 100
Housing 158 80 100
Transportation 94 90 100
Utilities 95 107 100
For more reading on cost of living around South Carolina, check out:
Tega Cay Cost of Living Vs. SC

Tega Cay, SC Housing Cost Breakdown

Housing swings affordability the most between places in South Carolina, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Tega Cay South Carolina United States
Median Home Value $316,500 $154,800 $204,900
Median Rent $1,545 $868 $1,023
Median Income $123,564 $51,015 $60,293
Home Value To Income 2.6x 3.0x 3.4x
Rent To Monthly Income 0.15x 0.2x 0.2x

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Cost Of Living In Cities Around Tega Cay

City Population Cost Of Living Vs. Tega Cay
Charlotte, NC 841,611 101 0.8x
Rock Hill, SC 71,903 95 0.8x
Matthews, NC 31,400 107 0.9x
Fort Mill, SC 15,924 103 0.9x
Mount Holly, NC 15,305 96 0.8x
Waxhaw, NC 14,383 114 1.0x
Lake Wylie, SC 12,569 114 1.0x
Belmont, NC 11,768 96 0.8x
Weddington, NC 10,574 141 1.2x
Wesley Chapel, NC 8,633 119 1.0x

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