Cost of Living in Cheraw, SC
Population 5,024 · South Carolina · Data vintage 2023
(100 = US avg)
Cheraw's median household income of $27,275 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (35% here). Unemployment has stayed elevated relative to the national figure — 14.9% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Cheraw is about 60 miles west of Fayetteville, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 34% lower than Fayetteville's $172,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Cheraw
The median home value in Cheraw is $113,400 — 63% below the national median of $305,000. Median rent runs $806/month, 39% lower than the national median of $1,314/month. The median household income of $27,275/year is 63% lower than the US median of $74,580. The local unemployment rate is 14.9%, above the national average of 4.8%. South Carolina's top state income tax rate is 6.4% and the combined sales tax is 7.5%. The climate averages highs of 74.7°F and lows of 52.1°F. Overall, Cheraw has a cost of living index of 47 versus the US average of 100, meaning it is 53% less expensive.
Cheraw has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 55 | 59 | 67 | 76 | 83 | 89 | 92 | 90 | 85 | 76 | 66 | 58 |
| Low °F | 34 | 36 | 42 | 50 | 59 | 68 | 72 | 70 | 64 | 52 | 41 | 36 |
| Precip" | 3.11 | 2.57 | 3.25 | 2.69 | 3.31 | 4.17 | 3.86 | 3.79 | 4.92 | 2.69 | 2.94 | 2.88 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Cheraw, SC?
Cheraw has a cost index of 47 (100 = national average). It is 53% below the national average.
What is average rent in Cheraw, SC?
The median gross rent in Cheraw is $806 per month based on 2023 Census data.
What is the average home price in Cheraw?
The median home value in Cheraw is $113,400 according to Zillow and Census data.
What is the median income in Cheraw?
The median household income in Cheraw is $27,275 per year (2023 ACS 5-year estimates).
What is the sales tax in Cheraw, SC?
The combined state and local sales tax rate in Cheraw is 7.5%. The South Carolina state income tax top rate is 6.4%.
Is Cheraw, SC affordable?
Yes, Cheraw is generally considered affordable, with a cost of living index of 47 — about 53% below the US national average of 100.
What is the weather like in Cheraw?
Cheraw has average high temperatures of 74.7°F and average lows of 52.1°F. Annual precipitation is 40.2". Data from NOAA 1991–2020 Climate Normals.
Cheraw at a Glance
- Population
- 5,024
- Median Income
- $27,275
- Home Value
- $113,400
- Median Rent
- $806/mo
- Unemployment
- 14.9%
- Avg High Temp
- 74.7°F
- Sales Tax
- 7.5%
Nearby Cities
Explore county-level cost of living data
South Carolina Rankings
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