Simpsonville, SC

Below Avg · 89

South Carolina · Population 25,125 · Updated March 2026

$1,322
Median Rent / Month
$79,233
Median Income
$267,500
Median Home Value
$1,255
Owner Costs / Month

Affordability

How far your income goes in Simpsonville

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

$15,864
Annual Rent
$5,071
State Income Tax
$1,525
Property Tax (est.)

Cost of Living Overview

Simpsonville offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 89 (where 100 equals the national median), Simpsonville residents can expect to pay median rent of $1,322/month while earning a median household income of $79,233/year.

The median home value in Simpsonville, SC is $267,500, with typical monthly owner costs around $1,255 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 Simpsonville.

Frequently Asked Questions

Common questions about living costs in Simpsonville

What is the cost of living in Simpsonville, SC?
The cost of living index in Simpsonville, SC is 89 (US average = 100). Median monthly rent is $1,322, median household income is $79,233/year, and the median home value is $267,500.
Is Simpsonville, SC affordable?
Yes, Simpsonville is more affordable than the national average with a cost index of 89. The rent-to-income ratio is 20.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Simpsonville, SC?
The median gross rent in Simpsonville, SC is $1,322 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,864.
What is the median household income in Simpsonville?
The median household income in Simpsonville, SC is $79,233 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%.