Georgetown, SC vs Greenwood, SC
Georgetown, SC and Greenwood, SC have a very similar cost of living, with only a 3.3% difference in their overall index. Georgetown scores 70 while Greenwood scores 68 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 Georgetown is $805/month compared to $826/month in Greenwood — a 3% difference. Interestingly, home values tell a different story: while Georgetown has cheaper rent, Greenwood actually has lower median home values ($123,400 vs $158,600).
Median household income in Georgetown is $57,704 compared to $40,253 in Greenwood (+43.4%). While Georgetown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Georgetown spend roughly 16.7% of their income on rent, less than the 24.6% in Greenwood.
Climate-wise, Georgetown is notably warmer with an average of 65.1°F compared to 61.1°F in Greenwood. Georgetown receives more rainfall at 55.6" per year compared to 42" in Greenwood.
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Climate
NOAA 30-year normals (1991-2020)