South Carolina Rent vs Buy Calculator — Updated 2026
State abbreviation: SC
In South Carolina, the median home price is $345,000, and property taxes are 0.57% annually. Homeowners insurance averages $1560/year. Use this calculator to compare the long-term costs of renting versus buying given South Carolina's specific market conditions and tax environment.
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South Carolina Financial Data (2026)
- State Tax Rate
- 7%
- Property Tax Rate
- 0.57%
- Median Home Price
- $345,000
- Avg Insurance Cost
- $1,560/year
- Cost of Living Index
- 95
- State Abbreviation
- SC