Lakewood, SC vs Pelion, SC
Pelion is moderately more affordable than Lakewood, with a 13.3% lower cost of living index. Lakewood scores 80 compared to 71 for Pelion, where the US average is 100. This difference means residents of Lakewood can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Lakewood is $928/month compared to $850/month in Pelion — a 9% difference. Home values follow the same pattern: Pelion is more affordable at $148,400 median vs $260,900.
Median household income in Lakewood is $49,255 compared to $61,250 in Pelion (-19.6%). Pelion offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lakewood spend roughly 22.6% of their income on rent, more than the 16.7% in Pelion.
Climate-wise, both cities share similar average temperatures (65.5°F vs 64.3°F). Pelion receives more rainfall at 45.2" per year compared to 43.7" in Lakewood.
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