Mount Pleasant, SC

Very High · 168

South Carolina · Population 92,662 · Updated March 2026

$2,026
Median Rent / Month
$121,364
Median Income
$667,100
Median Home Value
$2,085
Owner Costs / Month

Affordability

How far your income goes in Mount Pleasant

20.0%
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

$24,312
Annual Rent
$7,767
State Income Tax
$3,802
Property Tax (est.)

Cost of Living Overview

Mount Pleasant has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 168 (where 100 equals the national median), Mount Pleasant residents can expect to pay median rent of $2,026/month while earning a median household income of $121,364/year.

The median home value in Mount Pleasant, SC is $667,100, with typical monthly owner costs around $2,085 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.0% 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 Mount Pleasant.

Frequently Asked Questions

Common questions about living costs in Mount Pleasant

What is the cost of living in Mount Pleasant, SC?
The cost of living index in Mount Pleasant, SC is 168 (US average = 100). Median monthly rent is $2,026, median household income is $121,364/year, and the median home value is $667,100.
Is Mount Pleasant, SC affordable?
No, Mount Pleasant is more expensive than the national average with a cost index of 168. The rent-to-income ratio is 20.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Mount Pleasant, SC?
The median gross rent in Mount Pleasant, SC is $2,026 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $24,312.
What is the median household income in Mount Pleasant?
The median household income in Mount Pleasant, SC is $121,364 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%.