The annual typical expenses for a single adult in Georgetown, South Carolina, amount to approximately $22,487 per year. These costs, which are part of a living wage calculation, vary significantly based on household size and composition.
Understanding the Cost of Living in Georgetown County, SC
The cost of living in Georgetown County, South Carolina, is influenced by various essential expenses. According to data used for living wage calculations, key typical expenses include housing, transportation, and civic costs. These figures help provide an estimate of the financial requirements for individuals and families in the area.
Annual Typical Expenses Breakdown
The following table details the typical annual expenses for different household types in Georgetown County, South Carolina, based on specific categories provided for living wage calculations:
| Category | 1 Adult (0 Children) | 2 Adults (Both Working, 1 Child) |
|---|---|---|
| Housing | $10,156 | $13,437 |
| Transportation | $10,166 | $14,819 |
| Civic | $2,165 | $4,795 |
| Total Annual Typical Expenses | $22,487 | $33,051 |
Key Insights:
- Housing: This category covers the annual cost of shelter, which is a significant portion of living expenses for both single individuals and families.
- Transportation: Reflects the yearly costs associated with commuting, vehicle maintenance, and other travel necessities.
- Civic: These expenses can include various fees, taxes, or contributions related to civic participation or local services.
These figures offer a foundational understanding of the financial commitments for various household structures in Georgetown County, South Carolina, focusing on specific typical expense categories.
