Elgin, SC vs Walterboro, SC

Elgin, SC and Walterboro, SC have a very similar cost of living, with only a 2.4% difference in their overall index. Elgin scores 71 while Walterboro scores 73 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 Elgin is $744/month compared to $865/month in Walterboro — a 14% difference. Interestingly, home values tell a different story: while Elgin has cheaper rent, Walterboro actually has lower median home values ($170,500 vs $177,700).

Median household income in Elgin is $74,167 compared to $48,366 in Walterboro (+53.3%). Elgin offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elgin spend roughly 12% of their income on rent, less than the 21.5% in Walterboro.

Climate-wise, Walterboro is notably warmer with an average of 67.2°F compared to 61.2°F in Elgin. Walterboro receives more rainfall at 45" per year compared to 37.9" in Elgin.