Cost of Living in Bonneau Beach, SC

With a cost of living index of 94, Bonneau Beach, SC is slightly more affordable than average. Living here is 6% cheaper than the national average and 12% above the South Carolina state average of 82. Bonneau Beach is a small community of 1,543 residents.

Housing costs are the biggest factor in Bonneau Beach's cost of living. The median monthly rent is $1,306 (1% below the US median of $1,319), and the median home value sits at $227,000 (26% below the national median of $304,900). At current prices, the median home costs roughly 3.9x the median household income — a moderately affordable ratio by today's standards.

The median household income in Bonneau Beach is $57,561, which is 23% lower than the national median of $75,149. Residents spend roughly 27% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. 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 Bonneau Beach. The area sees an average annual temperature of 66.5°F, with summers averaging 81°F and winters around 51°F. Annual rainfall totals 52.5 inches spread over roughly 114 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Charleston-North Charleston, SC (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.