Cost of Living in Newberry, SC

Population 10,733 · South Carolina · Data vintage 2023

50
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $47,885, median household incomes in Newberry land roughly 36% below the US median, a gap that tends to persist across local labor-market indicators. At 7.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Newberry is about 45 miles west of Columbia, the nearest large metro. Median home values run roughly 49% lower than Columbia's $244,000.

Cost Overview

Housing 41
Rent 64

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

About the Cost of Living in Newberry

The median home value in Newberry is $124,600 — 59% below the national median of $305,000. Median rent runs $837/month, 36% lower than the national median of $1,314/month. The median household income of $47,885/year is 36% lower than the US median of $74,580. The local unemployment rate is 7.5%, 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 72.6°F and lows of 49.8°F. Overall, Newberry has a cost of living index of 50 versus the US average of 100, meaning it is 50% less expensive.

🏠 Housing

Median Home Value
$124,600
59% below avg
Zillow Home Value
$157,498
Zillow ZHVI
Median Rent
$837/mo
36% below avg
Price-to-Rent Ratio
12.4x
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 50.5%
Renter-occupied 49.5%

💰 Estimated Monthly Budget

Rent median rent
$837
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,451/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
27.3 min
1% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.1%

Commute Mode

Drove alone
79.6%
Carpooled
7.8%
Walked
4.2%
Work from home
2.1%

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
$47,885
36% below avg
Per Capita Income
$23,029
Unemployment Rate
7.5%
55% above avg
Poverty Rate
27.0%
Labor Force Participation
58.1%

🎓 Education

Bachelor's degree+ 14.4%
Graduate degree 8.2%

👥 Demographics

Median Age 30.3
Male median age 30.5
Female median age 30

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
72.6°F
Avg Low
49.8°F
Annual Precip
42"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 535765738187908983746356
Low °F 323541485765696862493934
Precip" 3.913.614.172.792.993.723.833.253.353.033.324.04

🏫 Schools

NCES CCD 2019 — public school district data

84%
4-Year Graduation Rate
13.1:1
Student-teacher ratio
14
Public schools
5,979
Total enrollment

Frequently Asked Questions

What is the cost of living in Newberry, SC?

Newberry has a cost index of 50 (100 = national average). It is 50% below the national average.

What is average rent in Newberry, SC?

The median gross rent in Newberry is $837 per month based on 2023 Census data.

What is the average home price in Newberry?

The median home value in Newberry is $124,600 according to Zillow and Census data.

What is the median income in Newberry?

The median household income in Newberry is $47,885 per year (2023 ACS 5-year estimates).

What is the sales tax in Newberry, SC?

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

Is Newberry, SC affordable?

Yes, Newberry is generally considered affordable, with a cost of living index of 50 — about 50% below the US national average of 100.

What is the weather like in Newberry?

Newberry has average high temperatures of 72.6°F and average lows of 49.8°F. Annual precipitation is 42". Data from NOAA 1991–2020 Climate Normals.

Newberry at a Glance

Population
10,733
Median Income
$47,885
Home Value
$124,600
Median Rent
$837/mo
Unemployment
7.5%
Avg High Temp
72.6°F
Sales Tax
7.5%
View all cities in South Carolina →
🗺️ County data for South Carolina

Explore county-level cost of living data

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