Cost of Living in Hamer, SC

With a cost of living index of 71, Hamer, SC is one of the most affordable cities in the country. Living here is 29% cheaper than the national average and 11% below the South Carolina state average of 82. Hamer is a small community of 735 residents.

Housing costs are the biggest factor in Hamer's cost of living. The median monthly rent is $796 (40% below the US median of $1,319), and the median home value sits at $166,700 (45% below the national median of $304,900). At current prices, the median home costs roughly 3.7x the median household income — a moderately affordable ratio by today's standards.

The median household income in Hamer is $45,417, which is 40% lower than the national median of $75,149. Residents spend roughly 21% 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 Hamer. The area sees an average annual temperature of 63.5°F, with summers averaging 80°F and winters around 47°F. Annual rainfall totals 42.6 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.