Homewood, SC vs Saxon, SC
Saxon is moderately more affordable than Homewood, with a 10.1% lower cost of living index. Homewood scores 71 compared to 65 for Saxon, where the US average is 100. This difference means residents of Homewood can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Homewood is $779/month compared to $909/month in Saxon — a 14% difference. Interestingly, home values tell a different story: while Homewood has cheaper rent, Saxon actually has lower median home values ($68,900 vs $183,300).
Median household income in Homewood is $44,466 compared to $28,394 in Saxon (+56.6%). While Homewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Homewood spend roughly 21% of their income on rent, less than the 38.4% in Saxon. The Homewood ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
Climate-wise, both cities share similar average temperatures (64°F vs 61.3°F). Saxon receives more rainfall at 49.7" per year compared to 48.5" in Homewood.
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