Port Royal, SC

Average · 106

South Carolina · Population 15,047 · Updated March 2026

$1,606
Median Rent / Month
$70,330
Median Income
$298,000
Median Home Value
$1,575
Owner Costs / Month

Affordability

How far your income goes in Port Royal

27.4%
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

$19,272
Annual Rent
$4,501
State Income Tax
$1,699
Property Tax (est.)

Cost of Living Overview

Port Royal is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 106 (where 100 equals the national median), Port Royal residents can expect to pay median rent of $1,606/month while earning a median household income of $70,330/year.

The median home value in Port Royal, SC is $298,000, with typical monthly owner costs around $1,575 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.4%, Port Royal 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 Port Royal.

Frequently Asked Questions

Common questions about living costs in Port Royal

What is the cost of living in Port Royal, SC?
The cost of living index in Port Royal, SC is 106 (US average = 100). Median monthly rent is $1,606, median household income is $70,330/year, and the median home value is $298,000.
Is Port Royal, SC affordable?
No, Port Royal is more expensive than the national average with a cost index of 106. The rent-to-income ratio is 27.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Port Royal, SC?
The median gross rent in Port Royal, SC is $1,606 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,272.
What is the median household income in Port Royal?
The median household income in Port Royal, SC is $70,330 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%.