Iva, SC vs Loris, SC

Iva is moderately more affordable than Loris, with a 5.9% lower cost of living index. Iva scores 65 compared to 69 for Loris, where the US average is 100. This difference means residents of Loris can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Iva is $685/month compared to $664/month in Loris — a 3% difference. Interestingly, home values tell a different story: while Loris has cheaper rent, Iva actually has lower median home values ($140,800 vs $195,600).

Median household income in Iva is $24,313 compared to $36,158 in Loris (-32.8%). While Loris is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Iva spend roughly 33.8% of their income on rent, more than the 22% in Loris. The Loris ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

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