Cost of Living: Florence, SC vs Schenectady, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,143/mo in Florence, SC versus $4,116/mo in Schenectady, NY. In the model, rent is about 13.44% of gross in Florence, SC versus 16.17% in Schenectady, NY, so Florence, SC tends to feel more affordable for rent.

Take-home in Florence, SC
$4,143/mo
Income level: above
Take-home in Schenectady, NY
$4,116/mo
Income level: above
Rent share (1BR) in Florence, SC
13.44%
COLI tier: mid-range
Rent share (1BR) in Schenectady, NY
16.17%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Florence, SC and Schenectady, NY.

At a glance

  • Cheaper overall (lower cost-of-living index): Schenectady, NY
  • Lower rent (median 1BR/2BR): Florence, SC
  • Lower home prices: Schenectady, NY
  • Higher median household income: Florence, SC

Cost of Living Index

Florence, SC: 100 (U.S. = 100) · Schenectady, NY: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Florence, SC: $876/mo (midpoint of 1BR/2BR) · Schenectady, NY: $1,054/mo

Median rent in Schenectady, NY is $178/mo higher than in Florence, SC.

Median Home Price

Florence, SC: $189,800 · Schenectady, NY: $152,000

Median home price in Florence, SC is $37,800 higher than in Schenectady, NY.

Median Household Income

Florence, SC: $56,433 · Schenectady, NY: $56,398

Florence, SC has a higher median household income than Schenectady, NY by $35.

Florence, SC overview · Schenectady, NY overview · Popular comparisons