CostIndexUSA

Cary, NC vs Spartanburg, SC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NC
Cary
98.2
overall index
$1,650/mo rent
More AffordableSC
Spartanburg
91.1
overall index
$1,400/mo rent

Spartanburg is moderately cheaper than Cary — 7.2% lower overall cost of living.

To match an $80,000 salary in Cary, you would need $74,200 in Spartanburg. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing34.3%
Cary
103.5
Spartanburg
68
🛒 Groceries≈ Equal
Cary
96.6
Spartanburg
96.3
🚗 Transportation≈ Equal
Cary
103.1
Spartanburg
103.2
🏥 Healthcare≈ Equal
Cary
93.3
Spartanburg
93.4
Utilities0.8%
Cary
89
Spartanburg
88.3

Salary Equivalency Calculator

Enter your current salary in Cary to see what you'd need to earn in Spartanburg to maintain the same purchasing power.

$
Equivalent salary in Spartanburg, SC
$74,200
$5,800 less needed in Spartanburg

Formula: salary × (91.1 ÷ 98.2) = salary × 0.9277. Based on BEA Regional Price Parities.

Housing Market

Cary, NC

Median Home Price
$428,000
Median Monthly Rent
$1,650
Housing Index
103.5
Price-to-Rent Ratio
21.6×

Spartanburg, SC

Median Home Price
$272,000
Median Monthly Rent
$1,400
Housing Index
68
Price-to-Rent Ratio
16.2×

Cary has 34.3% lower housing costs compared to Spartanburg.

Income & Job Market

Cary, NC

Median Household Income
$96,100
Per Capita Income
$54,800
Unemployment Rate
3.5%
Population
174,721
Top Industries
TechnologyFinanceHealthcareEducationResearch

Spartanburg, SC

Median Household Income
$61,200
Per Capita Income
$34,900
Unemployment Rate
4.2%
Population
38,732
Top Industries
ManufacturingHealthcareAutomotiveEducationRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Cary, NC
4.9×income-to-rent ratio

79% of income left after rent (median)

Spartanburg, SC
3.6×income-to-rent ratio

73% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.