Cost of Living in Clearwater, SC

Population 3,124 · South Carolina · Data vintage 2023

56
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Clearwater is a smaller South Carolina community of around 3000 residents, where median household incomes of $50,669 and housing costs ($157,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 8.6%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Clearwater sits roughly 13 miles northeast of Augusta-Richmond County. Housing prices track closely with Augusta-Richmond County's $163,000 median.

Cost Overview

Housing 51
Rent 64

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Clearwater

The median home value in Clearwater is $156,500 — 49% below the national median of $305,000. Median rent runs $835/month, 36% lower than the national median of $1,314/month. The median household income of $50,669/year is 32% lower than the US median of $74,580. The local unemployment rate is 8.6%, 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 76.8°F and lows of 57.3°F. Overall, Clearwater has a cost of living index of 56 versus the US average of 100, meaning it is 44% less expensive.

🏠 Housing

Median Home Value
$156,500
49% below avg
Median Rent
$835/mo
36% below avg
Price-to-Rent Ratio
15.6x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$807
1 BR
$841
2 BR
$1,028
3 BR
$1,294
4 BR
$1,567
Owner-occupied 60.7%
Renter-occupied 39.3%

💰 Estimated Monthly Budget

Rent median rent
$835
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,449/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
28.6 min
6% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.5%

Commute Mode

Drove alone
79.7%
Carpooled
12.8%
Work from home
7.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 6.4%
Total Sales Tax 7.5%
State rate 6.0%
Avg local rate 1.5%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$50,669
32% below avg
Per Capita Income
$30,526
Unemployment Rate
8.6%
78% above avg
Poverty Rate
14.4%
Labor Force Participation
68.7%

🎓 Education

Bachelor's degree+ 6.1%
Graduate degree 3.0%

👥 Demographics

Median Age 41.3
Male median age 39.8
Female median age 41.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
76.8°F
Avg Low
57.3°F
Annual Precip
44.8"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 586269788591949287786860
Low °F 404349566471747369584842
Precip" 3.773.473.982.912.824.724.805.024.032.692.753.82

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
91.6%
Good air days/yr
80
Max AQI recorded
0
PM2.5 days
275
Ozone days

Frequently Asked Questions

What is the cost of living in Clearwater, SC?

Clearwater has a cost index of 56 (100 = national average). It is 44% below the national average.

What is average rent in Clearwater, SC?

The median gross rent in Clearwater is $835 per month based on 2023 Census data.

What is the average home price in Clearwater?

The median home value in Clearwater is $156,500 according to 2023 Census ACS data.

What is the median income in Clearwater?

The median household income in Clearwater is $50,669 per year (2023 ACS 5-year estimates).

What is the sales tax in Clearwater, SC?

The combined state and local sales tax rate in Clearwater is 7.5%. The South Carolina state income tax top rate is 6.4%.

Is Clearwater, SC affordable?

Yes, Clearwater is generally considered affordable, with a cost of living index of 56 — about 44% below the US national average of 100.

What is the weather like in Clearwater?

Clearwater has average high temperatures of 76.8°F and average lows of 57.3°F. Annual precipitation is 44.8". Data from NOAA 1991–2020 Climate Normals.

Clearwater at a Glance

Population
3,124
Median Income
$50,669
Home Value
$156,500
Median Rent
$835/mo
Unemployment
8.6%
Avg High Temp
76.8°F
Sales Tax
7.5%
View all cities in South Carolina →
🗺️ County data for South Carolina

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs