Chesterfield, SC vs Lane, SC

Chesterfield is moderately more affordable than Lane, with a 6.6% lower cost of living index. Chesterfield scores 69 compared to 74 for Lane, where the US average is 100. This difference means residents of Lane can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Chesterfield is $775/month compared to $1,063/month in Lane — a 27% difference. Interestingly, home values tell a different story: while Chesterfield has cheaper rent, Lane actually has lower median home values ($113,900 vs $161,000).

Median household income in Chesterfield is $48,167 compared to $35,726 in Lane (+34.8%). Chesterfield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chesterfield spend roughly 19.3% of their income on rent, less than the 35.7% in Lane. The Chesterfield ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Lane is notably warmer with an average of 65.1°F compared to 61.2°F in Chesterfield. Lane receives more rainfall at 55.6" per year compared to 37.9" in Chesterfield.