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Laurel Bay, SC vs Seven Oaks, SC

93
Laurel Bay
South Carolina
VS
+10.4%
85
Seven Oaks
South Carolina

Seven Oaks is moderately more affordable than Laurel Bay, with a 10.4% lower cost of living index. Laurel Bay scores 93 compared to 85 for Seven Oaks, where the US average is 100. This difference means residents of Laurel Bay can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Laurel Bay is $1,375/month compared to $1,185/month in Seven Oaks — a 16% difference. Home values follow the same pattern: Seven Oaks is more affordable at $195,900 median vs $221,300.

Median household income in Laurel Bay is $52,094 compared to $64,003 in Seven Oaks (-18.6%). Seven Oaks offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Laurel Bay spend roughly 31.7% of their income on rent, more than the 22.2% in Seven Oaks. The Seven Oaks ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (67.2°F vs 64.3°F). Seven Oaks receives more rainfall at 45.2" per year compared to 45" in Laurel Bay.

Income & Cost

Cost of Living Index
Laurel Bay
93
Seven Oaks
85
9% cheaper
Median Household Income
Laurel Bay
$52,094
Seven Oaks
$64,003
19% higher

Housing

Median Rent
Laurel Bay
$1,375
Seven Oaks
$1,185
14% cheaper
Median Home Value
Laurel Bay
$221,300
Seven Oaks
$195,900
11% cheaper
Population
Laurel Bay
5,627
Seven Oaks
15,990

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Laurel Bay 67.2°F
Seven Oaks 64.3°F
Summer High
Laurel Bay 92°F
Seven Oaks 93°F
Winter Low
Laurel Bay 40°F
Seven Oaks 35°F
Rainfall
Laurel Bay 45"
Seven Oaks 45.2"
Rainy Days
Laurel Bay 118d
Seven Oaks 109d