Counties › South Carolina

Cost of Living in Charleston County, SC

Population 420,264 · Census ACS 2020–2024 5-year estimates

Median rent$1,620
Median home value$489,100
Median household income$88,494

The median rent in Charleston County, SC is $1,620/month, 37% higher than the South Carolina median and 15% higher than the U.S. median. The median home value is $489,100, 47% higher than the national median. Households earn a median of $88,494 a year, 28% higher than the state median.

Affordability

Rent as a share of median income: 22.0%
Income needed for median rent (30% rule): $64,800/yr
Home price-to-income ratio: 5.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,473/mo

Run your own numbers: mortgage calculator · hourly to salary

Charleston County vs. South Carolina vs. U.S.

Charleston CountySouth CarolinaU.S.
Median rent$1,620$1,180$1,413
Median home value$489,100$259,000$332,700
Median household income$88,494$69,324$80,734
Homeownership rate63.9%71.9%65.2%
Bachelor's degree or higher50.3%32.1%35.7%
Poverty rate11.3%14.1%12.5%
Unemployment rate3.5%4.9%5.2%
Work from home17.7%11.5%15.1%
Median age39.240.238.9

FAQ

What is the average rent in Charleston County, SC?

The median gross rent in Charleston County, SC is $1,620 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $64,800 a year in gross income.

Is Charleston County, SC expensive to live in?

Rent there is 15% higher than the U.S. median, and the median home costs about 5.5 times the median household income.

Other counties in South Carolina

Greenville County, SCRent $1,262 · Income $76,932Richland County, SCRent $1,228 · Income $63,784Horry County, SCRent $1,255 · Income $66,880Spartanburg County, SCRent $1,084 · Income $66,234Lexington County, SCRent $1,178 · Income $77,408York County, SCRent $1,387 · Income $89,095

Counties with a similar cost of living

Passaic County, NJRent $1,621 · Income $87,522Washoe County, NVRent $1,608 · Income $88,096Multnomah County, ORRent $1,646 · Income $88,766Mecklenburg County, NCRent $1,627 · Income $87,005Fredericksburg city, VARent $1,619 · Income $86,071Garfield County, CORent $1,637 · Income $91,131

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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