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Gadsden, SC vs Lakewood, SC

81
Gadsden
South Carolina
VS
+1%
80
Lakewood
South Carolina

Gadsden, SC and Lakewood, SC have a very similar cost of living, with only a 1% difference in their overall index. Gadsden scores 81 while Lakewood scores 80 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Gadsden are $98,300 compared to $260,900 in Lakewood, a 62% gap.

Median household income in Gadsden is $54,464 compared to $49,255 in Lakewood (+10.6%). While Gadsden is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (65.5°F vs 65.5°F). Lakewood receives more rainfall at 43.7" per year compared to 43.7" in Gadsden.

Income & Cost

Cost of Living Index
Gadsden
81
Lakewood
80
1% cheaper
Median Household Income
Gadsden
$54,464
10% higher
Lakewood
$49,255

Housing

Median Rent
Gadsden
Lakewood
$928
Median Home Value
Gadsden
$98,300
62% cheaper
Lakewood
$260,900
Population
Gadsden
1,131
Lakewood
3,154

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Gadsden 65.5°F
Lakewood 65.5°F
Summer High
Gadsden 93°F
Lakewood 93°F
Winter Low
Gadsden 37°F
Lakewood 37°F
Rainfall
Gadsden 43.7"
Lakewood 43.7"
Rainy Days
Gadsden 111d
Lakewood 111d