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Red Bank, SC vs Ridgeland, SC

82
Red Bank
South Carolina
VS
+3.5%
79
Ridgeland
South Carolina

Red Bank, SC and Ridgeland, SC have a very similar cost of living, with only a 3.5% difference in their overall index. Red Bank scores 82 while Ridgeland scores 79 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.

On the housing front, median rent in Red Bank is $1,141/month compared to $927/month in Ridgeland — a 23% difference. Interestingly, home values tell a different story: while Ridgeland has cheaper rent, Red Bank actually has lower median home values ($176,200 vs $209,900).

Median household income in Red Bank is $60,348 compared to $71,023 in Ridgeland (-15%). Ridgeland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Red Bank spend roughly 22.7% of their income on rent, more than the 15.7% in Ridgeland.

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

Income & Cost

Cost of Living Index
Red Bank
82
Ridgeland
79
3% cheaper
Median Household Income
Red Bank
$60,348
Ridgeland
$71,023
15% higher

Housing

Median Rent
Red Bank
$1,141
Ridgeland
$927
19% cheaper
Median Home Value
Red Bank
$176,200
16% cheaper
Ridgeland
$209,900
Population
Red Bank
10,950
Ridgeland
3,756

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Red Bank 64.3°F
Ridgeland 67.2°F
Summer High
Red Bank 93°F
Ridgeland 92°F
Winter Low
Red Bank 35°F
Ridgeland 40°F
Rainfall
Red Bank 45.2"
Ridgeland 45"
Rainy Days
Red Bank 109d
Ridgeland 118d