Cost of Living in Kingstree, SC

With a cost of living index of 59, Kingstree, SC is one of the most affordable cities in the country. Living here is 41% cheaper than the national average and 23% below the South Carolina state average of 82. Kingstree is a small community of 3,161 residents.

Housing costs are the biggest factor in Kingstree's cost of living. The median monthly rent is $526 (60% below the US median of $1,319), and the median home value sits at $127,300 (58% below the national median of $304,900). At current prices, the median home costs roughly 4.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Kingstree is $28,776, which is 62% 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 Kingstree. 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.

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.