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Cost of Living in Summerville, SC

Population 51,654 · Census ACS 2020–2024 5-year estimates

Median rent$1,526
Median home value$328,100
Median household income$81,046

The median rent in Summerville, SC is $1,526/month, 29% higher than the South Carolina median and 8% higher than the U.S. median. The median home value is $328,100, about the same as the national median. Households earn a median of $81,046 a year, 17% higher than the state median.

Affordability

Rent as a share of median income: 22.6%
Income needed for median rent (30% rule): $61,040/yr
Home price-to-income ratio: 4.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,659/mo

Run your own numbers: mortgage calculator · hourly to salary

Summerville vs. South Carolina vs. U.S.

SummervilleSouth CarolinaU.S.
Median rent$1,526$1,180$1,413
Median home value$328,100$259,000$332,700
Median household income$81,046$69,324$80,734
Homeownership rate69.1%71.9%65.2%
Bachelor's degree or higher33.5%32.1%35.7%
Poverty rate10.1%14.1%12.5%
Unemployment rate4.9%4.9%5.2%
Work from home10.7%11.5%15.1%
Median age38.940.238.9

FAQ

What is the average rent in Summerville, SC?

The median gross rent in Summerville, SC is $1,526 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $61,040 a year in gross income.

Is Summerville, SC expensive to live in?

Rent there is 8% higher than the U.S. median, and the median home costs about 4.0 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

Weatherford, TXRent $1,527 · Income $81,516Durham, NCRent $1,508 · Income $81,619Parkville, MDRent $1,526 · Income $79,178Reno, NVRent $1,556 · Income $80,760Lynn Haven, FLRent $1,563 · Income $80,973Manchester, NHRent $1,564 · Income $81,007

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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