Cost of Living in Edisto, SC

With a cost of living index of 62, Edisto, SC is one of the most affordable cities in the country. Living here is 38% cheaper than the national average and 20% below the South Carolina state average of 82. Edisto is a small community of 2,261 residents.

Housing costs are the biggest factor in Edisto's cost of living. The median monthly rent is $852 (35% below the US median of $1,319), and the median home value sits at $46,200 (85% below the national median of $304,900). At current prices, the median home costs roughly 1x the median household income — well within traditional affordability guidelines.

The median household income in Edisto is $46,644, which is 38% lower than the national median of $75,149. Residents spend roughly 22% 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 Edisto. The area sees an average annual temperature of 65°F, with summers averaging 81°F and winters around 49°F. Annual rainfall totals 43.7 inches spread over roughly 121 days.

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.