Georgetown, SC Cost of Living


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Georgetown cost of living score
94.7
Less expensive
5.3% lower
than the US average
6.0% higher
than the South Carolina average
Georgetown, South Carolina gets a BestPlaces Cost of Living score of 94.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.3% lower than the U.S. average and 6.0% lower than the average for South Carolina.

Georgetown, SC

Housing costs in Georgetown?
A typical home costs $216,100, which is 36.1% less expensive than the national average of $338,100 and 16.9% less expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Georgetown costs $960 per month, which is 32.9% cheaper than the national average of $1,430 and 15.6% cheaper than the state average of $1,110.

Can I afford Georgetown?
To live comfortably in Georgetown, South Carolina, a minimum annual income of $41,400 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Georgetown?
Georgetown, SC is a great place to live with an affordable cost of living. According to Sperling's Best Places, the overall cost of living in Georgetown is 10% lower than the US average. Housing costs are particularly low; the median home price in Georgetown is $108,000 which is 57% lower than the US average. In addition, residents benefit from a sales tax rate that is 8% lower than the national average. Utilities and transportation costs are also relatively low compared to other areas. All these factors make Georgetown an affordable place to live for those on a budget or who just want to maximize their money.
   Cost of living score
     CategoriesGeorgetownSouth CarolinaUnited States
  94.789.3100.0
  95.595.8100
  101.1102.7100.0
  60.576.6100.0
  $216,100$259,900$338,100
  102.7%103.9%100.0%
  77.186.8100.0
  90.276.3100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Georgetown
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Over 14 years ago

Georgetown like many nice towns are ruined by the foul smell of these mills that not only polute the air but the water as well. Why there are not controls put on them  More

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Over 17 years ago

I don't live in Georgetown, but spent a few days there on vacation in the summer of 2006. I'd never want to live there because of the disgusting, nauseating smell that  More

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