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Cost of Living in Simpsonville, SC

Population 26,144 · Census ACS 2020–2024 5-year estimates

Median rent$1,415
Median home value$299,300
Median household income$82,457

The median rent in Simpsonville, SC is $1,415/month, 20% higher than the South Carolina median and about the same as the U.S. median. The median home value is $299,300, 10% lower than the national median. Households earn a median of $82,457 a year, 19% higher than the state median.

Affordability

Rent as a share of median income: 20.6%
Income needed for median rent (30% rule): $56,600/yr
Home price-to-income ratio: 3.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,513/mo

Run your own numbers: mortgage calculator · hourly to salary

Simpsonville vs. South Carolina vs. U.S.

SimpsonvilleSouth CarolinaU.S.
Median rent$1,415$1,180$1,413
Median home value$299,300$259,000$332,700
Median household income$82,457$69,324$80,734
Homeownership rate68.5%71.9%65.2%
Bachelor's degree or higher37.9%32.1%35.7%
Poverty rate6.1%14.1%12.5%
Unemployment rate4.1%4.9%5.2%
Work from home14.5%11.5%15.1%
Median age37.140.238.9

FAQ

What is the average rent in Simpsonville, SC?

The median gross rent in Simpsonville, SC is $1,415 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $56,600 a year in gross income.

Is Simpsonville, SC expensive to live in?

Rent there is about the same as the U.S. median, and the median home costs about 3.6 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

Hilo, HIRent $1,427 · Income $81,779Gloucester, MARent $1,411 · Income $83,883Orem, UTRent $1,438 · Income $83,342Keizer, ORRent $1,424 · Income $84,813Smyrna, TNRent $1,461 · Income $81,926Boise City, IDRent $1,446 · Income $83,904

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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