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Conway, SC vs Florence, SC

79
Conway
South Carolina
VS
+6.1%
74
Florence
South Carolina

Florence is moderately more affordable than Conway, with a 6.1% lower cost of living index. Conway scores 79 compared to 74 for Florence, where the US average is 100. This difference means residents of Conway can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Conway is $881/month compared to $922/month in Florence — a 4% difference. Interestingly, home values tell a different story: while Conway has cheaper rent, Florence actually has lower median home values ($189,800 vs $236,300).

Median household income in Conway is $54,841 compared to $56,433 in Florence (-2.8%). Florence offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Conway spend roughly 19.3% of their income on rent, less than the 19.6% in Florence.

Climate-wise, both cities share similar average temperatures (64°F vs 64.7°F). Conway receives more rainfall at 48.5" per year compared to 45.3" in Florence.

Income & Cost

Cost of Living Index
Conway
79
Florence
74
6% cheaper
Median Household Income
Conway
$54,841
Florence
$56,433
3% higher

Housing

Median Rent
Conway
$881
4% cheaper
Florence
$922
Median Home Value
Conway
$236,300
Florence
$189,800
20% cheaper
Population
Conway
26,082
Florence
40,205

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Conway $2.94
Florence $2.94
US $3.07
🥚
Eggs (grade A, large)
Conway $2.40
Florence $2.40
US $2.50
🥛
Milk (whole)
Conway $3.86
Florence $3.86
US $4.03
🍞
Bread (white)
Conway $1.78
Florence $1.78
US $1.85
🍗
Chicken breast
Conway $3.97
Florence $3.97
US $4.14
Electricity
Conway $0.16
Florence $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Conway 64°F
Florence 64.7°F
Summer High
Conway 88°F
Florence 92°F
Winter Low
Conway 37°F
Florence 36°F
Rainfall
Conway 48.5"
Florence 45.3"
Rainy Days
Conway 122d
Florence 111d