Moncks Corner, South Carolina vs. Billings, Montana

Tax Compare

Our Premium Cost of Living Calculator includes, State and Local Income Taxes, State and Local Sales Taxes, Real Estate Transfer Fees, Federal, State, and Local Consumer Taxes (Gasoline, Liquor, Beer, Cigarettes), Corporate Taxes, plus Auto Sales, Property and Registration Taxes, and an Online Tool to customize your own personal estimated tax burden. Click here to customize.

Taxes
  4.8% lower in Billings, Montana
than in Moncks Corner, South Carolina
Assumptions
  • Single, standard deduction, one exemption
  • Sales tax includes food and services
  • Real tax taxes are based on the local median home price
  • Car taxes assume a new Honda Accord costing $25,000
   Cost of living
      State level
Moncks Corner, SC    Billings, MT    U.S. Avg
100 = US Avg. Below 100 means cheaper. Above 100 means more expensive. About our Cost of Living Index
   Customize Your Own Personal Estimated Taxes
Enter your income and we will give you your estimated taxes in Moncks Corner, South Carolina, we will also give you your estimated taxes in Billings, Montana.
Moncks Corner, SCBillings, MTDifference
2019 Federal Inc. Tax$4,342$4,342 
State Income Taxes$1,878$2,396  $518 higher
Sales Taxes$828$0  $828 lower
Real Estate Taxes$1,230$2,170  $940 higher
Motor Vehicle Taxes$484$120  $364 lower
Total Taxes$8,762$9,028  $266 lower
Marginal Rate7.0%6.9%
Effective Rate3.8%4.8%
   Annual taxes
      Based on $60,000 income
   Social security taxes
Moncks Corner, SCBillings, MT
Tax Social SecurityNoYes
Social Security Note Taxable but amount might be different than federally taxable amount because Montana taxes some types of income that the federal does not
   Estimated sales tax
      State level, based on annual income of $75,000
Moncks Corner, SC    Billings, MT    U.S. Avg
   Tax on food
Moncks Corner, SCBillings, MT
Sales Tax On FoodYes - No state sales tax but full tax at local level. No rebate.No
   Real estate tax
Moncks Corner, SC    Billings, MT    U.S. Avg
Assumes the local median home price and sales tax is amoritized over 13 years.
   Vehicle tax
Moncks Corner, SC    Billings, MT    U.S. Avg
Assumes a new $25,000 Honda Accord and Sales Tax is amortized over 6 years.
   Other taxes
      State level
Moncks Corner, SC    Billings, MT    U.S. Avg
* grt = Gross Receipts Tax. In this state, the corporation is required to pay the gross receipts tax on each sale instead of a traditional income tax based on its earnings. The effect is that a percentage of the total revenue or gross receipts for each sale has to be paid to the state as tax. The gross receipts tax is much like a Value Added Tax, only for businesses rather than individuals. Four states impose gross receipt taxes, Nevada, Ohio, Texas, and Washington.
Cost of Child care