Cost of Living in Edisto Beach, SC

With a cost of living index of 121, Edisto Beach, SC is a notably expensive place to live. Living here is 21% more expensive than the national average and 39% above the South Carolina state average of 82. Edisto Beach is a small community of 987 residents.

Housing costs are the biggest factor in Edisto Beach's cost of living. The median monthly rent is $1,170 (11% below the US median of $1,319), and the median home value sits at $610,500 (100% above the national median of $304,900). At current prices, the median home costs roughly 7.5x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Edisto Beach is $81,250, which is 8% higher than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Edisto Beach. The area sees an average annual temperature of 67.2°F, with summers averaging 82°F and winters around 52°F. Annual rainfall totals 45 inches spread over roughly 118 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.