Greenwood, SC vs Hilton Head Island, SC

The cost of living difference between Greenwood, SC and Hilton Head Island, SC is dramatic. Greenwood is 49% cheaper than Hilton Head Island, a gap that translates to thousands of dollars per year in household expenses. Greenwood has a cost index of 68 while Hilton Head Island sits at 133, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Greenwood is $826/month compared to $1,518/month in Hilton Head Island — a 46% difference. Home values follow the same pattern: Greenwood is more affordable at $123,400 median vs $652,100.

Median household income in Greenwood is $40,253 compared to $96,715 in Hilton Head Island (-58.4%). While Hilton Head Island is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Greenwood spend roughly 24.6% of their income on rent, more than the 18.8% in Hilton Head Island.

Climate-wise, Hilton Head Island is notably warmer with an average of 67.2°F compared to 61.1°F in Greenwood. Hilton Head Island receives more rainfall at 45" per year compared to 42" in Greenwood.