Cost of Living in Danwood, SC

With a cost of living index of 86, Danwood, SC is a very affordable place to live. Living here is 14% cheaper than the national average and 4% above the South Carolina state average of 82. Danwood is a small community of 384 residents.

The median household income in Danwood is $120,188, which is 60% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Danwood. The area sees an average annual temperature of 64.7°F, with summers averaging 81°F and winters around 48°F. Annual rainfall totals 45.3 inches spread over roughly 111 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Florence, 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.