Cost of Living in Patrick, SC

With a cost of living index of 60, Patrick, SC is one of the most affordable cities in the country. Living here is 40% cheaper than the national average and 22% below the South Carolina state average of 82. Patrick is a small community of 341 residents.

Housing costs are the biggest factor in Patrick's cost of living. The median monthly rent is $768 (42% below the US median of $1,319), and the median home value sits at $51,400 (83% below the national median of $304,900). At current prices, the median home costs roughly 1.9x the median household income — well within traditional affordability guidelines.

The median household income in Patrick is $27,153, which is 64% lower than the national median of $75,149. Residents spend roughly 34% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. 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 Patrick. 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.