Cost of Living in Mount Pleasant, SC

Population 92,662 · South Carolina · Data vintage 2023

193
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Mount Pleasant sits 119% above the national median — $667,000 for the typical home — but median household incomes near $121,364 (63% above the US figure) soften the blow that similar pricing creates in lower-wage metros. The labor market has been unusually tight, with unemployment around 3.0% — below most comparable cities in the state.

Located 6 miles east of Charleston, Mount Pleasant falls within that metro's commuting orbit. Median home values run roughly 42% higher than Charleston's $469,000.

Cost Overview

Housing 219
Rent 154

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

About the Cost of Living in Mount Pleasant

The median home value in Mount Pleasant is $667,100 — 119% above the national median of $305,000. Median rent runs $2,026/month, 54% higher than the national median of $1,314/month. The median household income of $121,364/year is 63% higher than the US median of $74,580. The local unemployment rate is 3.0%, 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 73.3°F and lows of 61.1°F. Overall, Mount Pleasant has a cost of living index of 193 versus the US average of 100, meaning it is 93% more expensive.

🏠 Housing

Median Home Value
$667,100
119% above avg
Zillow Home Value
$865,394
Zillow ZHVI
Median Rent
$2,026/mo
54% above avg
Zillow Rent
$2,353/mo
Zillow ZORI
Price-to-Rent Ratio
27.4x
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 73.7%
Renter-occupied 26.3%

💰 Estimated Monthly Budget

Rent median rent
$2,026
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,640/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
27.1 min
0% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.2%

Commute Mode

Drove alone
69.3%
Carpooled
5.7%
Public transit
0.3%
Walked
0.3%
Bicycle
0.3%
Work from home
23.2%

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
$121,364
63% above avg
Per Capita Income
$69,719
Unemployment Rate
3.0%
38% below avg
Poverty Rate
5.8%
Labor Force Participation
66.4%

🎓 Education

Bachelor's degree+ 40.7%
Graduate degree 25.5%

👥 Demographics

Median Age 42.8
Male median age 41.9
Female median age 43.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
73.3°F
Avg Low
61.1°F
Annual Precip
44.3"
40° 53° 65° 78° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 586066727984888683766761
Low °F 444652606874777773635347
Precip" 2.562.563.032.962.584.855.086.115.254.072.302.91

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
58.1%
Good air days/yr
93
Max AQI recorded
295
PM2.5 days
68
Ozone days

Frequently Asked Questions

What is the cost of living in Mount Pleasant, SC?

Mount Pleasant has a cost index of 193 (100 = national average). It is 93% above the national average.

What is average rent in Mount Pleasant, SC?

The median gross rent in Mount Pleasant is $2,026 per month based on 2023 Census data.

What is the average home price in Mount Pleasant?

The median home value in Mount Pleasant is $667,100 according to Zillow and Census data.

What is the median income in Mount Pleasant?

The median household income in Mount Pleasant is $121,364 per year (2023 ACS 5-year estimates).

What is the sales tax in Mount Pleasant, SC?

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

Is Mount Pleasant, SC affordable?

Mount Pleasant is above average in cost of living, with an index of 193 — about 93% higher than the national average.

What is the weather like in Mount Pleasant?

Mount Pleasant has average high temperatures of 73.3°F and average lows of 61.1°F. Annual precipitation is 44.3". Data from NOAA 1991–2020 Climate Normals.

Mount Pleasant at a Glance

Population
92,662
Median Income
$121,364
Home Value
$667,100
Median Rent
$2,026/mo
Unemployment
3.0%
Avg High Temp
73.3°F
Sales Tax
7.5%
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🗺️ County data for South Carolina

Explore county-level cost of living data

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