Cost of Living in Moncks Corner, SC

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

131.3

100 = national avg

+31.3 vs national average

Living Wage (1 Adult)

$57,783

per year

Living Wage (Family of 4)

$136,578

per year

Cost Index by Category

Housing
136.7
Food
119.9
Transportation
139.9
Healthcare
116.0
Utilities
119.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,630

per month

2 Bedroom

$1,787

per month

The overall cost of living index in Moncks Corner is 131.3, which is 31.3% above the national average. Housing costs are above the national average at an index of 136.7. A single adult needs to earn approximately $57,783 per year to cover basic expenses.