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Elgin, SC vs Walterboro, SC

88
Elgin
South Carolina
VS
+21.3%
73
Walterboro
South Carolina

There is a significant gap in the cost of living between these two cities. Walterboro is 21.3% cheaper than Elgin. With a cost index of 73 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Walterboro to Elgin should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elgin is $1,288/month compared to $865/month in Walterboro — a 49% difference. Home values follow the same pattern: Walterboro is more affordable at $170,500 median vs $204,300.

Median household income in Elgin is $84,219 compared to $48,366 in Walterboro (+74.1%). While Elgin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elgin spend roughly 18.4% of their income on rent, less than the 21.5% in Walterboro.

Climate-wise, both cities share similar average temperatures (65.5°F vs 67.2°F). Walterboro receives more rainfall at 45" per year compared to 43.7" in Elgin.

Income & Cost

Cost of Living Index
Elgin
88
Walterboro
73
18% cheaper
Median Household Income
Elgin
$84,219
43% higher
Walterboro
$48,366

Housing

Median Rent
Elgin
$1,288
Walterboro
$865
33% cheaper
Median Home Value
Elgin
$204,300
Walterboro
$170,500
17% cheaper
Population
Elgin
2,176
Walterboro
5,490

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elgin $2.94
Walterboro
US $3.07
🥚
Eggs (grade A, large)
Elgin $2.40
Walterboro
US $2.50
🥛
Milk (whole)
Elgin $3.86
Walterboro
US $4.03
🍞
Bread (white)
Elgin $1.78
Walterboro
US $1.85
🍗
Chicken breast
Elgin $3.97
Walterboro
US $4.14
Electricity
Elgin $0.16
Walterboro
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Elgin 65.5°F
Walterboro 67.2°F
Summer High
Elgin 93°F
Walterboro 92°F
Winter Low
Elgin 37°F
Walterboro 40°F
Rainfall
Elgin 43.7"
Walterboro 45"
Rainy Days
Elgin 111d
Walterboro 118d