Cayce, SC

Very Low · 73

South Carolina · Population 13,718 · Updated March 2026

$1,358
Median Rent / Month
$58,095
Median Income
$158,900
Median Home Value
$941
Owner Costs / Month

Affordability

How far your income goes in Cayce

28.1%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in South Carolina

State-level tax rates that affect your costs

6.4%
Income Tax (Top Rate)
6.0%
Sales Tax
0.57%
Property Tax Rate

Estimated Annual Costs

$16,296
Annual Rent
$3,718
State Income Tax
$906
Property Tax (est.)

Cost of Living Overview

Cayce is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 73 (where 100 equals the national median), Cayce residents can expect to pay median rent of $1,358/month while earning a median household income of $58,095/year.

The median home value in Cayce, SC is $158,900, with typical monthly owner costs around $941 including mortgage, insurance, and taxes. With a rent-to-income ratio of 28.1%, Cayce falls within the generally affordable range, though it's approaching the 30% burden threshold.

South Carolina has a moderate income tax rate of 6.4%. Combined with a 6.0% sales tax rate and 0.57% effective property tax rate, the overall tax environment is a factor in the total cost of living in Cayce.

Frequently Asked Questions

Common questions about living costs in Cayce

What is the cost of living in Cayce, SC?
The cost of living index in Cayce, SC is 73 (US average = 100). Median monthly rent is $1,358, median household income is $58,095/year, and the median home value is $158,900.
Is Cayce, SC affordable?
Yes, Cayce is more affordable than the national average with a cost index of 73. The rent-to-income ratio is 28.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Cayce, SC?
The median gross rent in Cayce, SC is $1,358 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $16,296.
What is the median household income in Cayce?
The median household income in Cayce, SC is $58,095 per year. This compares to the national median of approximately $80,000.
What are the taxes like in South Carolina?
South Carolina has a top income tax rate of 6.4%, a sales tax of 6.0%, and an effective property tax rate of 0.57%.