Cost of Living in Summerton, SC

With a cost of living index of 56, Summerton, SC is one of the most affordable cities in the country. Living here is 44% cheaper than the national average and 26% below the South Carolina state average of 82. Summerton is a small community of 709 residents.

Housing costs are the biggest factor in Summerton's cost of living. The median monthly rent is $355 (73% below the US median of $1,319), and the median home value sits at $153,100 (50% below the national median of $304,900). At current prices, the median home costs roughly 4.3x the median household income — a moderately affordable ratio by today's standards.

The median household income in Summerton is $35,893, which is 52% lower than the national median of $75,149. Residents spend roughly 12% 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 Summerton. The area sees an average annual temperature of 65°F, with summers averaging 81°F and winters around 49°F. Annual rainfall totals 43.7 inches spread over roughly 121 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.