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Socastee, SC vs Sumter, SC

88
Socastee
South Carolina
VS
+13.6%
78
Sumter
South Carolina

Sumter is moderately more affordable than Socastee, with a 13.6% lower cost of living index. Socastee scores 88 compared to 78 for Sumter, where the US average is 100. This difference means residents of Socastee can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Socastee is $1,244/month compared to $1,055/month in Sumter — a 18% difference. Home values follow the same pattern: Sumter is more affordable at $188,400 median vs $218,200.

Median household income in Socastee is $59,826 compared to $53,071 in Sumter (+12.7%). The higher salaries in Socastee partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Socastee spend roughly 25% of their income on rent, more than the 23.9% in Sumter.

Climate-wise, both cities share similar average temperatures (64°F vs 65.5°F). Socastee receives more rainfall at 48.5" per year compared to 43.7" in Sumter.

Income & Cost

Cost of Living Index
Socastee
88
Sumter
78
12% cheaper
Median Household Income
Socastee
$59,826
11% higher
Sumter
$53,071

Housing

Median Rent
Socastee
$1,244
Sumter
$1,055
15% cheaper
Median Home Value
Socastee
$218,200
Sumter
$188,400
14% cheaper
Population
Socastee
24,629
Sumter
43,065

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Socastee $2.94
Sumter $2.94
US $3.07
🥚
Eggs (grade A, large)
Socastee $2.40
Sumter $2.40
US $2.50
🥛
Milk (whole)
Socastee $3.86
Sumter $3.86
US $4.03
🍞
Bread (white)
Socastee $1.78
Sumter $1.78
US $1.85
🍗
Chicken breast
Socastee $3.97
Sumter $3.97
US $4.14
Electricity
Socastee $0.16
Sumter $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Socastee 64°F
Sumter 65.5°F
Summer High
Socastee 88°F
Sumter 93°F
Winter Low
Socastee 37°F
Sumter 37°F
Rainfall
Socastee 48.5"
Sumter 43.7"
Rainy Days
Socastee 122d
Sumter 111d