Cost of Living in New Ellenton, SC

With a cost of living index of 67, New Ellenton, SC is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 15% below the South Carolina state average of 82. New Ellenton is a small community of 2,604 residents.

Housing costs are the biggest factor in New Ellenton's cost of living. The median monthly rent is $695 (47% below the US median of $1,319), and the median home value sits at $164,900 (46% below the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.

The median household income in New Ellenton is $60,625, which is 19% lower than the national median of $75,149. Residents spend roughly 14% 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 New Ellenton. The area sees an average annual temperature of 65.4°F, with summers averaging 81°F and winters around 49°F. Annual rainfall totals 44.1 inches spread over roughly 107 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Augusta-Richmond County, GA-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.