South Carolina · Census, HUD and BEA figures · Updated

Cost of Living in Charleston County, SC

Prices around Charleston County, SC run 1% above the U.S. average (BEA, the metro area). The typical household there earns $88,494 a year, and HUD puts a two-bedroom at $1,787 a month. Keeping that rent under 30% of income takes about $71,480 a year.

Charleston County, SC at a glance

Median household income

$88,494$7,375 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,787HUD FY2026 Fair Market Rent
Price level (U.S. = 100)101.0+1% · BEA, the metro area
Electricity15.6¢per kWh · EIA Residential SC
Population420,264Census ACS 5-year estimate

How much rent can you afford in Charleston County, SC?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,787Monthly market rent
Share of gross income24.2%Recommended max: 30%
Annual income needed$71,480To meet the 30% standard
Max affordable rent$2,212At 30% of $88,494
0%30% (Affordability standard)100%
Compare against:

How much is rent in Charleston County, SC? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Charleston-North Charleston, SC MSA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Charleston County, SC, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,557$18,684$62,28021.1%
1-Bedroom Apartment$1,630$19,560$65,20022.1%
2-Bedroom ApartmentBenchmark$1,787$21,444$71,48024.2%
3-Bedroom Home$2,222$26,664$88,88030.1%
4-Bedroom Home$2,562$30,744$102,48034.7%

Rent in Charleston County, SC, with the wage each unit needs →

What a typical income covers in Charleston County, SC

The 50/30/20 rule applied to the local median of $88,494 a year ($7,375 a month before tax).

Needs (50%)$3,687/moRent ($1,787 2-BR), utilities (~$140/mo), groceries, transit
Wants (30%)$2,212/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,475/moEmergency fund, retirement, paying down loans

What $88,494 leaves after South Carolina taxes

Federal income tax, Social Security, Medicare and South Carolina tax on the local median income. Change the salary to see yours.

$88,494
$35,000$180,000
Filing status:
Gross salary breakdown$88,494
Net 76%
Fed 12%
SC 4%
FICA 8%
Annual take-home$67,534After all taxes
Monthly deposit$5,628Estimated per month
Biweekly paycheck$2,597Every 2 weeks (26/yr)
Effective tax rate23.7%Total tax burden
Federal income tax$10,639 / yr
South Carolina state income tax$3,552 / yr
FICA (Social Security & Medicare)$6,770 / yr

Living in Charleston County, SC: common questions

What is the median household income in Charleston County, SC?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Charleston County, SC is $88,494 per year (approximately $7,375 per month).

What is the average rent in Charleston County, SC?

The closest official figure is HUD's Fair Market Rent for 2026: $1,557 for a studio, $1,630 for one bedroom, $1,787 for two, $2,222 for three and $2,562 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Charleston County, SC expensive to live in?

Prices there run 1% above the U.S. average. BEA's regional price parity for the metro area is 101.0, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Charleston County, SC?

To keep a $1,787 two-bedroom under 30% of gross income, a household needs about $71,480 a year, or $5,957 a month. That is 81% of what the typical household in Charleston County, SC earns.

How much do you need to live comfortably in Charleston County, SC?

On the local median income of $88,494 ($7,375 a month before tax), the 50/30/20 rule leaves $3,687 a month for needs like rent, utilities and groceries, $2,212 for everything else and $1,475 for savings or debt. A two-bedroom at $1,787 takes 48% of the needs share.

How much is the electric bill in Charleston County, SC?

Homes in South Carolina paid 15.6¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $140. Your bill depends mostly on heating and cooling.