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Cost of Living in Greer, SC

Population 41,536 · Census ACS 2020–2024 5-year estimates

Median rent$1,198
Median home value$288,700
Median household income$82,626

The median rent in Greer, SC is $1,198/month, about the same as the South Carolina median and 15% lower than the U.S. median. The median home value is $288,700, 13% lower than the national median. Households earn a median of $82,626 a year, 19% higher than the state median.

Affordability

Rent as a share of median income: 17.4%
Income needed for median rent (30% rule): $47,920/yr
Home price-to-income ratio: 3.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,460/mo

Run your own numbers: mortgage calculator · hourly to salary

Greer vs. South Carolina vs. U.S.

GreerSouth CarolinaU.S.
Median rent$1,198$1,180$1,413
Median home value$288,700$259,000$332,700
Median household income$82,626$69,324$80,734
Homeownership rate72.7%71.9%65.2%
Bachelor's degree or higher41.4%32.1%35.7%
Poverty rate10.1%14.1%12.5%
Unemployment rate2.4%4.9%5.2%
Work from home15.2%11.5%15.1%
Median age36.040.238.9

FAQ

What is the average rent in Greer, SC?

The median gross rent in Greer, SC is $1,198 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Greer, SC?

Using the common 30% rule, renting a median-priced home takes about $47,920 a year in gross income.

Is Greer, SC expensive to live in?

Rent there is 15% lower than the U.S. median, and the median home costs about 3.5 times the median household income.

Other cities in South Carolina

Charleston, SCRent $1,722 · Income $92,414Columbia, SCRent $1,204 · Income $55,529North Charleston, SCRent $1,430 · Income $62,956Mount Pleasant, SCRent $2,159 · Income $124,755Rock Hill, SCRent $1,341 · Income $68,771Greenville, SCRent $1,312 · Income $71,472

Cities with a similar cost of living

Franklin, INRent $1,186 · Income $82,380Woodstock, ILRent $1,212 · Income $82,758Waukesha, WIRent $1,219 · Income $83,837Maryville, TNRent $1,157 · Income $81,963Cartersville, GARent $1,229 · Income $84,437Allen Park, MIRent $1,246 · Income $81,655

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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