Housing costs in Mount Carmel?
A typical home costs
$92,300, which is 72.7% less expensive than the national average of
$338,100 and 64.5% less expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Mount Carmel costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 44.2% cheaper than the state average of
$1,110.
Can I afford Mount Carmel?
To live comfortably in Mount Carmel (zip 29840), South Carolina, a minimum annual income of
$17,640 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Mount Carmel?
The cost of living in 29840 Mount Carmel, SC is relatively low compared to other parts of the state and country. The median household income is $37,082, which is lower than the national average of $57,617. Additionally, the median home value in Mount Carmel is $112,400, making it an affordable place to live. Renters will also find that rents are relatively low in this area. Utility costs are also generally lower than those found in other areas due to mild winters and summers. It is estimated that overall living expenses in Mount Carmel are approximately 10% below the national average.