Cost of Living in Moncks Corner, SC

Population 14,362 · South Carolina · Data vintage 2023

98
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Moncks Corner sits on the smaller end of the South Carolina city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Located 20 miles north of North Charleston, Moncks Corner falls within that metro's commuting orbit. Median home values run roughly 17% higher than North Charleston's $268,000.

Cost Overview

Housing 103
Rent 92

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

About the Cost of Living in Moncks Corner

The median home value in Moncks Corner is $312,800 — 3% above the national median of $305,000. Median rent runs $1,203/month, 8% lower than the national median of $1,314/month. The median household income of $91,516/year is 23% higher than the US median of $74,580. The local unemployment rate is 3.9%, below 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 76.6°F and lows of 56.4°F. Overall, Moncks Corner has a cost of living index of 98 versus the US average of 100, meaning it is 2% less expensive.

🏠 Housing

Median Home Value
$312,800
3% above avg
Zillow Home Value
$361,567
Zillow ZHVI
Median Rent
$1,203/mo
8% below avg
Zillow Rent
$2,130/mo
Zillow ZORI
Price-to-Rent Ratio
21.7x
Favors renting
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 76.8%
Renter-occupied 23.2%

💰 Estimated Monthly Budget

Rent median rent
$1,203
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,817/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
30.4 min
13% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.3%

Commute Mode

Drove alone
82.2%
Carpooled
6.1%
Walked
0.2%
Work from home
11.3%

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
$91,516
23% above avg
Per Capita Income
$35,947
Unemployment Rate
3.9%
19% below avg
Poverty Rate
5.6%
Labor Force Participation
67.6%

🎓 Education

Bachelor's degree+ 19.6%
Graduate degree 9.9%

👥 Demographics

Median Age 35.5
Male median age 36.1
Female median age 35.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
76.6°F
Avg Low
56.4°F
Annual Precip
52.5"
Annual Snowfall
0.3"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 606470778489919085786963
Low °F 394247556370747368584742
Precip" 3.373.053.353.293.326.216.606.976.014.332.663.35
Snow" 0.20.10.00.00.00.00.00.00.00.00.00.0

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 36 — Good
95.2%
Good air days/yr
105
Max AQI recorded
0
PM2.5 days
273
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

84%
4-Year Graduation Rate
16.4:1
Student-teacher ratio
46
Public schools
37,219
Total enrollment

Frequently Asked Questions

What is the cost of living in Moncks Corner, SC?

Moncks Corner has a cost index of 98 (100 = national average). It is 2% below the national average.

What is average rent in Moncks Corner, SC?

The median gross rent in Moncks Corner is $1,203 per month based on 2023 Census data.

What is the average home price in Moncks Corner?

The median home value in Moncks Corner is $312,800 according to Zillow and Census data.

What is the median income in Moncks Corner?

The median household income in Moncks Corner is $91,516 per year (2023 ACS 5-year estimates).

What is the sales tax in Moncks Corner, SC?

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

Is Moncks Corner, SC affordable?

Moncks Corner is near the national average in terms of cost of living, with an index of 98 (100 = US average).

What is the weather like in Moncks Corner?

Moncks Corner has average high temperatures of 76.6°F and average lows of 56.4°F. Annual precipitation is 52.5". Average annual snowfall is 0.3". Data from NOAA 1991–2020 Climate Normals.

Moncks Corner at a Glance

Population
14,362
Median Income
$91,516
Home Value
$312,800
Median Rent
$1,203/mo
Unemployment
3.9%
Avg High Temp
76.6°F
Sales Tax
7.5%
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