Cheraw, CO vs San Luis, CO

San Luis is moderately more affordable than Cheraw, with a 9.6% lower cost of living index. Cheraw scores 75 compared to 68 for San Luis, where the US average is 100. This difference means residents of Cheraw can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cheraw is $1,022/month compared to $700/month in San Luis — a 46% difference. Interestingly, home values tell a different story: while San Luis has cheaper rent, Cheraw actually has lower median home values ($97,900 vs $137,500).

Median household income in Cheraw is $38,542 compared to $30,481 in San Luis (+26.4%). While Cheraw is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cheraw spend roughly 31.8% of their income on rent, more than the 27.6% in San Luis. The San Luis ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.