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Homewood, SC vs Northlake, SC

71
Homewood
South Carolina
VS
-14.4%
84
Northlake
South Carolina

Homewood is moderately more affordable than Northlake, with a 14.4% lower cost of living index. Homewood scores 71 compared to 84 for Northlake, where the US average is 100. This difference means residents of Northlake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Homewood is $779/month compared to $1,026/month in Northlake — a 24% difference. Home values follow the same pattern: Homewood is more affordable at $183,300 median vs $241,700.

Median household income in Homewood is $44,466 compared to $79,531 in Northlake (-44.1%). While Northlake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Homewood spend roughly 21% of their income on rent, more than the 15.5% in Northlake.

Climate-wise, both cities share similar average temperatures (64°F vs 61.9°F). Homewood receives more rainfall at 48.5" per year compared to 46.3" in Northlake.

Income & Cost

Cost of Living Index
Homewood
71
14% cheaper
Northlake
84
Median Household Income
Homewood
$44,466
Northlake
$79,531
44% higher

Housing

Median Rent
Homewood
$779
24% cheaper
Northlake
$1,026
Median Home Value
Homewood
$183,300
24% cheaper
Northlake
$241,700
Population
Homewood
1,390
Northlake
3,848

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Homewood 64°F
Northlake 61.9°F
Summer High
Homewood 88°F
Northlake 90°F
Winter Low
Homewood 37°F
Northlake 33°F
Rainfall
Homewood 48.5"
Northlake 46.3"
Rainy Days
Homewood 122d
Northlake 115d