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Lancaster, SC vs Socastee, SC

78
Lancaster
South Carolina
VS
-12.2%
88
Socastee
South Carolina

Lancaster is moderately more affordable than Socastee, with a 12.2% lower cost of living index. Lancaster scores 78 compared to 88 for Socastee, where the US average is 100. This difference means residents of Socastee can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lancaster is $824/month compared to $1,244/month in Socastee — a 34% difference. Interestingly, home values tell a different story: while Lancaster has cheaper rent, Socastee actually has lower median home values ($218,200 vs $226,300).

Median household income in Lancaster is $43,234 compared to $59,826 in Socastee (-27.7%). While Socastee is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lancaster spend roughly 22.9% of their income on rent, less than the 25% in Socastee.

Climate-wise, both cities share similar average temperatures (61.2°F vs 64°F). Socastee receives more rainfall at 48.5" per year compared to 37.9" in Lancaster.

Income & Cost

Cost of Living Index
Lancaster
78
12% cheaper
Socastee
88
Median Household Income
Lancaster
$43,234
Socastee
$59,826
28% higher

Housing

Median Rent
Lancaster
$824
34% cheaper
Socastee
$1,244
Median Home Value
Lancaster
$226,300
Socastee
$218,200
4% cheaper
Population
Lancaster
8,738
Socastee
24,629

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lancaster $2.96
Socastee $2.94
US $3.07
🥚
Eggs (grade A, large)
Lancaster $2.42
Socastee $2.40
US $2.50
🥛
Milk (whole)
Lancaster $3.89
Socastee $3.86
US $4.03
🍞
Bread (white)
Lancaster $1.79
Socastee $1.78
US $1.85
🍗
Chicken breast
Lancaster $4.00
Socastee $3.97
US $4.14
Electricity
Lancaster $0.16
Socastee $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lancaster 61.2°F
Socastee 64°F
Summer High
Lancaster 91°F
Socastee 88°F
Winter Low
Lancaster 32°F
Socastee 37°F
Rainfall
Lancaster 37.9"
Socastee 48.5"
Rainy Days
Lancaster 113d
Socastee 122d