Cost of Living in Barnwell, SC

With a cost of living index of 61, Barnwell, SC is one of the most affordable cities in the country. Living here is 40% cheaper than the national average and 21% below the South Carolina state average of 82. Barnwell is a small community of 4,616 residents.

Housing costs are the biggest factor in Barnwell's cost of living. The median monthly rent is $545 (59% below the US median of $1,319), and the median home value sits at $137,300 (55% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Barnwell is $43,239, which is 42% lower than the national median of $75,149. Residents spend roughly 15% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Barnwell. The area sees an average annual temperature of 63.9°F, with summers averaging 79°F and winters around 48°F. Annual rainfall totals 46.2 inches spread over roughly 113 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.