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Moncks Corner, SC

Stretch

The cost of living in Moncks Corner, SC is 3% above the national average (Cost Index: 103). Homes here are typically valued around $361,567, compared to the $303,400 national median. The median household income is $91,516 — overall, living costs and earnings are reasonably balanced in this area.

Moncks Corner sits in the stretch zone: not impossible, but household feasibility will depend heavily on rent, down payment, debt load, and whether you are renting or buying. Start with the verdict panel, then compare scenarios before treating this city as affordable.Data Sources: U.S. Census Bureau ACS 2023 · BEA RPP 2023 · Zillow ZHVI

Data Updated: March 2026
Housing Feasibility Verdict
Safe

Based on your household income, housing mode, local rent, home value, property tax, and mortgage assumptions for Moncks Corner.

Monthly Housing
$1,203/mo
Lower of rent or buy scenario
Housing Burden
16%
Healthy
Residual Cash
$5,923/mo
After housing and debt · $1,974/person
Rent vs Buy
Buying can be tested
Main pressure: home prices
Assumptions
Housing Mode
Confidence: MediumHome source: ZILLOWRent source: ACSBEA proxy: msaHousehold size: 3Down payment: 20%Fixed burden: 22%
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Cost Index
103
Average
Based on housing costs · See methodology
Median Home Value
$361,567
Zillow ZHVI Market Rate • Census ACS: $312,800
National: $303,400
Median Rent
$1,203/mo
Source: Census ACS
National: $1,348/mo
Household Income
$91,516
National: $78,538
Population
14,362
Purchasing Power
113
100 = national baseline

Cost of Living Breakdown

Each index uses 100 as the US national average. A score of 150 means 50% more expensive; 80 means 20% cheaper.

Housing Cost Index
119 / 100
19% above average
Rent Index
89 / 100
11% below average
Goods & Groceries
96 / 100
About the same as most US cities
Utilities
88 / 100
12% lower utility bills
Healthcare & Services
98 / 100
In line with national average
Overall Index
103
Average

Moncks Corner Mortgage Calculator

Pre-filled with the local median home value of $361,567 and South Carolina's property tax rate of 0.57%.

Household Housing Budget

Local median household income is shown only as a place-side affordability input. Personal salary, filing status, and take-home pay analysis belong in salary.city.

Local Household Income
$91,516
Census ACS place context
Rent Burden Estimate
16%
Typical annual rent / local household income
Home Price to Income
4x
Typical home value / local household income
Use this section to judge whether Moncks Corner looks structurally manageable for a household budget. For a specific job offer, filing status, payroll taxes, or salary equivalence across cities, run the income-side decision in salary.city.

Property Tax in Moncks Corner, SC

Est. Annual Property Tax
$2,061
Monthly Impact
$172
Added to your mortgage
Effective Rate
0.57%
National avg: ~1.00%

South Carolina Place Tax Context

Tax TypeSouth CarolinaNational Avg
Property Tax Rate0.57%1.00%
Top Income Tax Rate6.4%~5.0%
State Sales Tax7.44%~5.0%

Compare Moncks Corner to Another City

Compare place-side costs such as housing, rent, groceries, utilities, services, and tax context.

Cost of Living Comparison

Compare place-side housing, rent, goods, services, and utility pressure between cities.

Moncks Corner, SC
103
89
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Moncks Corner, SC: 119
Rent Prices
89

FAQ: Living in Moncks Corner

What is the cost of living like in Moncks Corner, SC?+

Living costs in Moncks Corner land close to the national average, with a Cost Index of 103 (where 100 = the US baseline). Housing is the largest variable: the median home value here is $361,567, and typical monthly rents run around $1,203. Groceries and utilities are slightly below what you would find in most US cities.

How does Moncks Corner fit a household housing budget?+

Start with housing. Typical monthly rent is $1,203, while local median household income is $91,516. That implies a rent-burden proxy of about 16% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

How much are taxes in Moncks Corner, SC?+

South Carolina has a progressive state income tax with a top rate of 6.4%. The effective property tax rate is 0.57%. On a home worth $361,567, that translates to roughly $2,061 per year in property taxes. Sales tax (state + local) averages around 7.44% on everyday purchases.

How much does it cost to rent in Moncks Corner, SC?+

The typical monthly rent in Moncks Corner is around $1,203. That's roughly 11% lower than the $1,348 national median. For comparison, the median home value here is $361,567, so buyers should also factor in mortgage payments, property taxes, and insurance.

How much does a house cost in Moncks Corner, SC?+

The median home in Moncks Corner is valued at $361,567. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $1,828/month for principal and interest alone — before property taxes and insurance. About 77% of residents here own their homes.

Are groceries and utilities expensive in Moncks Corner?+

Grocery prices in Moncks Corner are about average compared to the rest of the US (index: 96, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 88). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

What is Moncks Corner, SC like to live in?+

Moncks Corner is a small town with a population of about 14,362. The median age of residents is 35.5, which is close to the national median. The local poverty rate is 5.64%, well below the national average of 12.4%.

Lower-Pressure Alternatives in South Carolina

If Moncks Corner feels tight, start with these same-state cities that look easier on rent burden or buy-side pressure.

Higher-Pressure Comparisons in South Carolina

Use these city pages when you want to compare Moncks Corner against tougher same-state markets before deciding whether the current city is already a stretch.

LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
Data Sources & Methodology
  • Real Estate & Housing: Zillow Home Value Index (ZHVI, Smoothed & Seasonally Adjusted) and Zillow Observed Rent Index (ZORI). Structural fallback utilizes U.S. Census Bureau ACS 5-Year Estimates.
  • Goods, Utilities & Services: U.S. Bureau of Economic Analysis (BEA) Metropolitan Area Regional Price Parities (MARPP), incorporating verified State Nonmetropolitan averages.
  • Mortgage Rates: Freddie Mac 30-Year Fixed Rate Mortgage Average in the United States (PMMS) via Federal Reserve Economic Data (FRED).
  • Tax Context: State-level property, sales, and income-tax context used for place-side relocation planning. Personal take-home pay and offer analysis are handled by salary.city.
  • Index Methodology: Weighting matrix derived from Bureau of Labor Statistics (BLS) Consumer Expenditure Surveys (CEX) distributional models. Baseline standardized at 100. (Read methodology details)
Last data update: March 2026 · Mortgage rates updated monthly