Cost of Living in Calhoun Falls, SC

With a cost of living index of 52, Calhoun Falls, SC is one of the most affordable cities in the country. Living here is 48% cheaper than the national average and 30% below the South Carolina state average of 82. Calhoun Falls is a small community of 1,897 residents.

Housing costs are the biggest factor in Calhoun Falls's cost of living. The median monthly rent is $476 (64% below the US median of $1,319), and the median home value sits at $62,500 (80% below the national median of $304,900). At current prices, the median home costs roughly 1.8x the median household income — well within traditional affordability guidelines.

The median household income in Calhoun Falls is $35,527, which is 53% lower than the national median of $75,149. Residents spend roughly 16% 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 Calhoun Falls. The area sees an average annual temperature of 61.1°F, with summers averaging 78°F and winters around 44°F. Annual rainfall totals 42 inches spread over roughly 118 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.