Cost of Living in Stateburg, SC

With a cost of living index of 99, Stateburg, SC is right around the national average in cost. Living here is 1% cheaper than the national average and 18% above the South Carolina state average of 82. Stateburg is a small community of 1,859 residents.

Housing costs are the biggest factor in Stateburg's cost of living. The median monthly rent is $1,680 (27% above the US median of $1,319), and the median home value sits at $220,700 (28% below the national median of $304,900). At current prices, the median home costs roughly 3.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Stateburg is $71,781, which is 4% lower than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Climate is another factor for anyone considering a move to Stateburg. The area sees an average annual temperature of 65.5°F, with summers averaging 82°F and winters around 49°F. Annual rainfall totals 43.7 inches spread over roughly 111 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Sumter, 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.