Cheraw, SC vs Jackson, SC
Cheraw, SC and Jackson, SC have a very similar cost of living, with only a 3.7% difference in their overall index. Cheraw scores 66 while Jackson scores 64 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Cheraw is $806/month compared to $540/month in Jackson — a 49% difference. Interestingly, home values tell a different story: while Jackson has cheaper rent, Cheraw actually has lower median home values ($113,400 vs $192,000).
Median household income in Cheraw is $27,275 compared to $37,067 in Jackson (-26.4%). Jackson offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cheraw spend roughly 35.5% of their income on rent, more than the 17.5% in Jackson. The Jackson ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
Climate-wise, both cities share similar average temperatures (63.4°F vs 65.4°F). Jackson receives more rainfall at 44.1" per year compared to 40.2" in Cheraw.
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