Cost of Living in East Gaffney, SC

With a cost of living index of 62, East Gaffney, SC is one of the most affordable cities in the country. Living here is 38% cheaper than the national average and 20% below the South Carolina state average of 82. East Gaffney is a small community of 3,169 residents.

Housing costs are the biggest factor in East Gaffney's cost of living. The median monthly rent is $753 (43% below the US median of $1,319), and the median home value sits at $78,900 (74% below the national median of $304,900). At current prices, the median home costs roughly 3x the median household income — well within traditional affordability guidelines.

The median household income in East Gaffney is $26,314, which is 65% lower than the national median of $75,149. Residents spend roughly 34% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to East Gaffney. The area sees an average annual temperature of 62.1°F, with summers averaging 79°F and winters around 45°F. Annual rainfall totals 43.3 inches spread over roughly 124 days.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.