Greer, SC

Below Avg · 83

South Carolina · Population 39,191 · Updated March 2026

$1,144
Median Rent / Month
$80,030
Median Income
$264,300
Median Home Value
$1,197
Owner Costs / Month

Affordability

How far your income goes in Greer

17.2%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

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

$13,728
Annual Rent
$5,122
State Income Tax
$1,507
Property Tax (est.)

Cost of Living Overview

Greer is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 83 (where 100 equals the national median), Greer residents can expect to pay median rent of $1,144/month while earning a median household income of $80,030/year.

The median home value in Greer, SC is $264,300, with typical monthly owner costs around $1,197 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.2% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

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 Greer.

Frequently Asked Questions

Common questions about living costs in Greer

What is the cost of living in Greer, SC?
The cost of living index in Greer, SC is 83 (US average = 100). Median monthly rent is $1,144, median household income is $80,030/year, and the median home value is $264,300.
Is Greer, SC affordable?
Yes, Greer is more affordable than the national average with a cost index of 83. The rent-to-income ratio is 17.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Greer, SC?
The median gross rent in Greer, SC is $1,144 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,728.
What is the median household income in Greer?
The median household income in Greer, SC is $80,030 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%.