The 10 Most Expensive Places To Live In South Carolina For 2022


We used science and data to determine which cities in South Carolina that will put a big dent in your wallet.

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Editor’s Note: We updated this article for 2022. This is our ninth time ranking the most expensive places to live in South Carolina.

Everyone wants a home that mixes affordability with comfort and South Carolina does this very well. Families love the Palmetto State's beaches, midlands, and mountains as tourists before moving here and calling it home.

But before you decide to relocate, you have to do some research into the exact cost of living around the state -- and that's how we're going to help you.

These are the places in South Carolina that cost a pretty penny -- the most expensive cities in the state.

After we saved up for months and could finally afford it, we landed on this list of the ten most expensive cities in South Carolina for 2022.

So where is the most expensive place to live in South Carolina? That would be Travelers Rest.
the 2016-2020 American Community Survey for the 64 places in South Carolina with more than 5,000 people.

Here are the 10 most expensive places to live in South Carolina for 2022:

  1. Travelers Rest
  2. Clemson
  3. Myrtle Beach
  4. Hardeeville
  5. Port Royal
  6. James Island
  7. Charleston
  8. Lancaster
  9. Greenville
  10. North Charleston

What's the most expensive place to live in South Carolina? Well, HomeSnacks crunched the numbers and discovered that Travelers Rest is the most expensive place to live in South Carolina.

So hopefully Batesburg-Leesville (the cheapest place to live in South Carolina) can show these guys how to live on a budget in the coming years. Read on for how these places had costs rise faster than inflation.

And if you already knew these places were expensive, check out some more reading about South Carolina and the most expensive cities in the country:

The 10 Most Expensive Places To Live In South Carolina For 2022

1. Travelers Rest

Overall SnackAbility

6
/10

Population: 7,947
Rank Last Year: 32 (Up 31)
Home Price To Income Ratio: 5.9x (most expensive)
Income To Rent Ratio: 44.1x (7th most expensive)
More on Travelers Rest: Real Estate | Data

The median income in Travelers Rest comes in at $35,884 and the median home value is $210,500 for 2022.

2. Clemson

Clemson, SC

Overall SnackAbility

8
/10

Population: 16,917
Rank Last Year: 2 (No Change)
Home Price To Income Ratio: 5.8x (2nd most expensive)
Income To Rent Ratio: 48.5x (17th most expensive)
More on Clemson: Real Estate | Data | Photos

The median income in Clemson comes in at $46,075 and the median home value is $267,000 for 2022.

3. Myrtle Beach

Myrtle Beach, SC

Source: Public domain
Overall SnackAbility

3
/10

Population: 33,638
Rank Last Year: 3 (No Change)
Home Price To Income Ratio: 5.5x (6th most expensive)
Income To Rent Ratio: 46.9x (14th most expensive)
More on Myrtle Beach: Real Estate | Data | Photos

The median income in Myrtle Beach comes in at $43,378 and the median home value is $237,200 for 2022.

4. Hardeeville

Hardeeville, SC

Source: Public domain
Overall SnackAbility

6
/10

Population: 6,788
Rank Last Year: 5 (Up 1)
Home Price To Income Ratio: 5.5x (5th most expensive)
Income To Rent Ratio: 54.6x (33rd most expensive)
More on Hardeeville: Real Estate | Data | Photos

The median income in Hardeeville comes in at $65,245 and the median home value is $359,600 for 2022.

5. Port Royal

Port Royal, SC

Source: Public domain
Overall SnackAbility

6
/10

Population: 13,265
Rank Last Year: 1 (Down 4)
Home Price To Income Ratio: 4.1x (18th most expensive)
Income To Rent Ratio: 45.7x (11th most expensive)
More on Port Royal: Real Estate | Data | Photos

The median income in Port Royal comes in at $59,081 and the median home value is $242,700 for 2022.

6. James Island

James Island, SC

Source: Public domain
Overall SnackAbility

6
/10

Population: 12,157
Rank Last Year: 17 (Up 11)
Home Price To Income Ratio: 4.2x (16th most expensive)
Income To Rent Ratio: 50.5x (24th most expensive)
More on James Island: Real Estate | Data | Photos

The median income in James Island comes in at $82,083 and the median home value is $341,000 for 2022.

7. Charleston

Charleston, SC

Overall SnackAbility

8
/10

Population: 137,041
Rank Last Year: 5 (Down 2)
Home Price To Income Ratio: 4.8x (8th most expensive)
Income To Rent Ratio: 54.7x (34th most expensive)
More on Charleston: Real Estate | Data | Photos

The median income in Charleston comes in at $72,071 and the median home value is $349,000 for 2022.

8. Lancaster

Lancaster, SC

Overall SnackAbility

5
/10

Population: 9,187
Rank Last Year: 11 (Up 3)
Home Price To Income Ratio: 5.4x (7th most expensive)
Income To Rent Ratio: 43.6x (6th most expensive)
More on Lancaster: Real Estate | Data | Photos

The median income in Lancaster comes in at $29,615 and the median home value is $161,300 for 2022.

9. Greenville

Greenville, SC

Overall SnackAbility

7.5
/10

Population: 69,648
Rank Last Year: 7 (Down 2)
Home Price To Income Ratio: 5.7x (3rd most expensive)
Income To Rent Ratio: 57.5x (4most expensive)
More on Greenville: Real Estate | Data | Photos

The median income in Greenville comes in at $58,259 and the median home value is $332,700 for 2022.

10. North Charleston

North Charleston, SC

Source: Public domain
Overall SnackAbility

4
/10

Population: 113,880
Rank Last Year: 8 (Down 2)
Home Price To Income Ratio: 3.9x (2most expensive)
Income To Rent Ratio: 43.5x (5th most expensive)
More on North Charleston: Real Estate | Data | Photos

The median income in North Charleston comes in at $47,201 and the median home value is $184,600 for 2022.

Methodology: How We Determined The Most Expensive Places To Live In The Palmetto State For 2022

Map Of The Cheapest Places To Live In South Carolina
The two most important things to think about when it comes to being able to afford if you can live comes down to:

  1. How much do money do I make?
  2. How much do I have spend to live there?

You need to understand your costs in the context of how much money you make.

For example, if the median household earns $100,000 and spends $40,000 on housing it's actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.

With that example in mind, we derived several statistics from the latest Census American Community Survey 2016-2020 around incomes and costs. They are:

  • Median Home Price / Median Income (lower is better)
  • Median Income / Median Rent (Higher is better)
  • Median Home Price

We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc).

You can then compare these metrics in each of the places in South Carolina to figure out which is the most expensive.

What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city.

So we used that cost of living index in order to rank all of the 64 places in South Carolina that have more than 5,000 people.

The place with the highest cost of living in South Carolina according to the data is Travelers Rest. You can download the data here.

Summary: Taking A Chunk Out Of Your Paycheck In South Carolina For 2022

Well there you have it, the places in South Carolina that have the highest cost of living, with Travelers Rest ranking as the most expensive city in the Palmetto State.

Here's a look at the most affordable cities in South Carolina according to the data:

  1. Batesburg-Leesville
  2. Laurens
  3. Fountain Inn

For more South Carolina reading, check out:

Detailed List Of The Most Expensive Cities In South Carolina

Rank City ExpensiveScore Population Home/Income Ratio Income/Rent Ratio
1 Travelers Rest 8.67 7,947 5.9x 44.1x
2 Clemson 10.0 16,917 5.8x 48.5x
3 Myrtle Beach 11.67 33,638 5.5x 46.9x
4 Hardeeville 13.67 6,788 5.5x 54.6x
5 Port Royal 14.33 13,265 4.1x 45.7x
6 James Island 15.33 12,157 4.2x 50.5x
7 Charleston 15.67 137,041 4.8x 54.7x
8 Lancaster 16.33 9,187 5.4x 43.6x
9 Greenville 17.0 69,648 5.7x 57.5x
10 North Charleston 17.33 113,880 3.9x 43.5x
11 Hilton Head Island 18.0 40,000 5.7x 64.8x
12 Mount Pleasant 18.33 89,410 4.5x 61.6x
13 North Myrtle Beach 19.33 16,684 4.5x 55.6x
14 Bluffton 20.0 23,176 3.5x 48.7x
15 Columbia 22.0 134,057 3.9x 49.6x
16 Cheraw 22.33 5,596 4.4x 34.9x
17 Beaufort 23.33 13,417 4.2x 57.5x
18 Anderson 23.33 27,387 4.1x 45.2x
19 Marion 23.33 6,598 4.5x 42.9x
20 Georgetown 24.33 8,884 4.3x 50.0x
21 Summerville 25.0 53,643 3.6x 52.1x
22 Orangeburg 27.33 12,713 3.8x 41.9x
23 Central 29.0 5,342 3.6x 45.1x
24 Conway 29.67 24,747 3.8x 54.4x
25 Hollywood 30.0 5,273 4.2x 81.6x
26 Hanahan 30.33 25,743 3.5x 64.3x
27 Aiken 31.0 31,428 3.5x 57.9x
28 Rock Hill 32.33 74,410 3.2x 51.0x
29 West Columbia 32.67 17,782 3.5x 52.0x
30 Abbeville 32.67 5,014 3.3x 41.9x
31 Sumter 33.0 39,758 3.2x 47.5x
32 Hartsville 33.33 7,559 3.7x 53.7x
33 Gaffney 33.33 12,733 3.3x 44.1x
34 Darlington 34.33 6,000 4.0x 55.2x
35 Goose Creek 36.33 42,944 2.7x 55.2x
36 Clover 36.33 6,370 3.2x 59.8x
37 Clinton 36.67 8,347 3.2x 48.7x
38 Camden 37.33 7,185 3.7x 75.7x
39 Spartanburg 38.0 37,448 3.1x 51.1x
40 Seneca 38.67 8,424 3.8x 77.9x
41 Fort Mill 39.33 19,920 3.0x 95.8x
42 Moncks Corner 40.33 11,370 3.0x 72.7x
43 Walterboro 40.67 5,417 3.4x 57.4x
44 Greenwood 41.0 23,351 2.9x 46.8x
45 York 41.0 8,287 3.4x 63.0x
46 Lexington 41.67 21,847 2.8x 66.5x
47 Forest Acres 41.67 10,300 3.0x 66.8x
48 Easley 44.0 21,149 3.2x 79.3x
49 Mauldin 44.17 25,829 2.5x 61.7x
50 Newberry 44.33 10,219 2.6x 49.0x
51 Greer 44.67 32,229 2.8x 69.3x
52 Cayce 44.67 13,964 2.4x 51.5x
53 Union 45.0 7,716 2.4x 46.5x
54 Florence 45.0 38,535 3.0x 65.8x
55 Simpsonville 45.33 23,200 2.5x 68.7x
56 Bennettsville 45.67 7,905 3.0x 51.5x
57 Chester 47.33 5,392 2.4x 48.0x
58 Dillon 47.67 6,358 3.1x 66.5x
59 North Augusta 48.5 23,370 2.7x 78.8x
60 Lake City 49.67 6,562 2.2x 49.9x
61 Irmo 50.67 12,397 1.9x 62.1x
62 Fountain Inn 53.0 10,127 2.4x 89.5x
63 Laurens 53.0 8,863 2.3x 55.5x
64 Batesburg-Leesville 55.33 5,504 2.2x 65.1x

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.