What is the Cost of Living in South Carolina?

In this video, Lindsey is giving a brief breakdown on the cost of living in South Carolina. These statistics are in comparison to the national average, regarding home values, property taxes, transportation, healthcare, utilities, and average salary by occupation. In order to decide if living in South Carolina fits your lifestyle, each of these categories should give you an idea to help compare that to your needs.

Is there anything you didn't hear in the video that you want to know about? Drop a comment below, we would love to chat with you!

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Bob Tompkins | Greenville, SC

Lindsey Vance | Aiken, SC

[DWilliam]

I’ve owned a second home in SC for 14 years now and initially wanted to retire here, however it is not the tax haven I thought it was. To begin with, they are going to tax my government pension which is going to cost me thousands. The car registration costs are insane. I wanted to sell my 2BR Condo and move to a bigger place but the prices have gone up so much that it’s going to cost what a house in suburban NYC costs. Gas prices have creeped up and car maintenance costs what it does in NY. The prices at the local restaurants are also comparable to NY. I’m going to wait a year and see if Florida can figure out its insurance and property tax issue and maybe go there instead.

[davidevans]

I've been living in Los Angeles for decades. Since living on the surface of the sun is better than Los Angeles, South Carolina sounds like a dream.

[sondranewall]

I live in SE Fla and homeowners taxes keep escalating out of control, skyrocketing every year, making it almost impossible to stay in my home. This is why I am considering a move to Georgia or South Carolina. It is so sad that insurance companies are doing this, since many elderly people like myself are being priced out of the home we love, in the neighborhood, where we have developed friendships with our neighbors.

[Boricua]

The town I live in, Aiken, is experiencing such an influx that those of us who have lived here most of our lives are moving out because the crime, traffic and in some cases people are being priced out of their neighborhoods. People who move here from big cities sell their 2br/1ba condo for $1M and come down here to live like royalty but then get ticked when the reality of a small town life hits them and they’re showing their butts at the grocery store because they can’t find their wheat grass blessed by the Dali Lama. It was a lovely cosmopolitan horse town but now its loud and congested. It’s just sad to see the changes and not all for the good. I’m all for progress but not like this.

[cynthiaking]

I like it, lower property taxes mean lower rents.

[davidoverholt]

Love Charleston/Myrtle Beach Areas of SC. Do not like the lower Health Care stats for Seniors above 65 years old (hospitals/doctors/heath care/extended care) for all of my senior friends moving there! Tough if you have major medical, and need to be moved to the triangle in Raleigh/Durham NC! I do not see enough about the medical venues in SC where ever you are living! I really want to see how close a level 3, and level 2, and level 1 trauma center hospital would be available to me if I moved to South Carolina!

[dawsonspath]

Much of this is accurate, however the auto insurance rate is well ABOVE national average in SC and GA

[yesorlando]

Good video. I always enjoy them. But I would like to mention a couple of things.

I don’t think I’ve ever heard you refer to the two fastest growing regions of SC: Charlotte’s SC suburbs (York and Lancaster Counties) and the Conway/Myrtle Beach areas (Horry County). That’s really surprising it’s never mentioned.

The Buying Power (income vs. cost of living) averages about 15%-20% better than the national average, depending on where in SC you live. Though the salaries are a little lower, the cost of living more than makes up for it. One can actually live better on less, generally speaking.

Again, great videos. Thanks for posting.

[WhittyPics]

The value of my house in Clover has doubled since 2019. My property taxes are a little over $1400

[davzmail]

It’s about the poorest state in the nation ?

[Holyheart]

What about the bugs that’s all I hear about any thoughts ??
Thanks

[cierraneff]

You have to pay taxes in your car every year?! How much is that in average?