Cost of Living in Florence, SC (2026) – Salary Needed & Budget Calculator

Thinking about moving to Florence? Use this 2026 Florence cost of living calculator to estimate rent, groceries, utilities, transportation, healthcare and taxes.

Monthly Budget Breakdown

Net Monthly Income
$3,607.83
Estimated Expenses
$2,686.00
Monthly Remaining
$921.83
Comfortable Buffer
🟢 Budget Assessment

Your salary provides a comfortable buffer for life in Florence. You can save and enjoy leisure activities.

With this income, you can potentially save around $11,062 per year.
Category Monthly Cost
Rent (Single) $1,050.00
Utilities $260.00
Groceries $450.00
Transportation (Public) $350.00
Healthcare $400.00
Miscellaneous (10.0%) $176.00
Total Estimated Costs $2,686.00
Tax & Benefits Breakdown
Federal: $434.67/mo
FICA: $382.50/mo
State: $325.00/mo
Benefits: $250.00/mo

Quality of Life & Environment

Local Climate

Enjoy 197 days of sunshine per year. Summer highs avg 90°F, while winter lows dip to 32°F.

Safety & Crime Rate
Moderate 63/100

Florence ranks as a moderate safety zone compared to national averages for similar-sized metros.

Environmental Index

Air quality and environmental health factors in South Carolina remain a key priority for 2026.

Good Air Quality

Florence, SC Cost of Living Guide (2026)

Planning a move to Florence, SC in 2026 requires a clear understanding of the local cost of living and economic landscape.

🏠 2026 Housing & Rent

For those seeking a home in Florence, the 2026 budget should account for a monthly 1-bedroom rent of roughly $1,050. This cost includes access to Florence's well-maintained infrastructure and community amenities.

💰 Taxes and Financial Planning

The tax landscape for Florence residents includes a 6.5% state income tax. Understanding this rate is crucial for determining your net income and overall quality of life in South Carolina.

🌟 Local Vibe & Lifestyle

With its strategic location in South Carolina, Florence offers residents a mix of suburban comfort and modern convenience, ideal for those seeking a stable 2026 lifestyle.

Salary Needed to Live Comfortably

In our estimation, to live a comfortable life in Florence with a buffer for savings and hobbies, you would need a gross annual salary of approximately:

$58,976.00

This assumes you want to save at least $1,000 per month after all expenses and taxes.

Frequently Asked Questions

Florence's cost of living is relative. Compared to major hubs like NYC or SF, it remains more accessible. Currently, a median 1-bedroom apartment in Florence rents for approximately $1,050.

Based on local 2026 data, a single professional would typically need a gross annual salary of at least $58,976 to live comfortably, allowing for savings and leisure after paying for rent, taxes, and groceries.

Florence has a safety score of 63/100, which is considered moderate according to our latest 2026 neighborhood analytics.
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Calculator Disclaimer

The results provided by this calculator are estimates based on publicly available data and modeling assumptions. Actual living costs, taxes, and relocation expenses may vary depending on personal circumstances, market conditions, and local regulations. This tool is intended for informational purposes only and should not be considered financial, tax, or legal advice. Always consult a qualified professional before making financial or relocation decisions.