Homewood, SC vs Sharon, SC

Homewood is moderately more affordable than Sharon, with a 9.9% lower cost of living index. Homewood scores 71 compared to 79 for Sharon, where the US average is 100. This difference means residents of Sharon 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 $933/month in Sharon — a 17% difference. Home values follow the same pattern: Homewood is more affordable at $183,300 median vs $207,400.

Median household income in Homewood is $44,466 compared to $44,125 in Sharon (+0.8%). Homewood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Homewood spend roughly 21% of their income on rent, less than the 25.4% in Sharon.

Climate-wise, Homewood is notably warmer with an average of 64°F compared to 61°F in Sharon. Homewood receives more rainfall at 48.5" per year compared to 42.4" in Sharon.