Cost of Living in McColl, SC

With a cost of living index of 51, McColl, SC is one of the most affordable cities in the country. Living here is 49% cheaper than the national average and 31% below the South Carolina state average of 82. McColl is a small community of 2,453 residents.

Housing costs are the biggest factor in McColl's cost of living. The median monthly rent is $480 (64% below the US median of $1,319), and the median home value sits at $47,100 (85% below the national median of $304,900). At current prices, the median home costs roughly 1.4x the median household income — well within traditional affordability guidelines.

The median household income in McColl is $33,925, which is 55% lower 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. 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 McColl. The area sees an average annual temperature of 63.4°F, with summers averaging 80°F and winters around 46°F. Annual rainfall totals 40.2 inches spread over roughly 123 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.