Cost of Living: Florence, SC vs Mount Pleasant, SC

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,143/mo in Florence, SC versus $4,143/mo in Mount Pleasant, SC. In the model, rent is about 13.44% of gross in Florence, SC versus 29.52% in Mount Pleasant, SC, so Florence, SC tends to feel more affordable for rent.

Take-home in Florence, SC
$4,143/mo
Income level: above
Take-home in Mount Pleasant, SC
$4,143/mo
Income level: below
Rent share (1BR) in Florence, SC
13.44%
COLI tier: mid-range
Rent share (1BR) in Mount Pleasant, SC
29.52%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Florence, SC and Mount Pleasant, SC.

At a glance

  • Cheaper overall (lower cost-of-living index): Mount Pleasant, SC
  • Lower rent (median 1BR/2BR): Florence, SC
  • Lower home prices: Florence, SC
  • Higher median household income: Mount Pleasant, SC

Cost of Living Index

Florence, SC: 100 (U.S. = 100) · Mount Pleasant, SC: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Florence, SC: $876/mo (midpoint of 1BR/2BR) · Mount Pleasant, SC: $1,925/mo

Median rent in Mount Pleasant, SC is $1,049/mo higher than in Florence, SC.

Median Home Price

Florence, SC: $189,800 · Mount Pleasant, SC: $667,100

Median home price in Mount Pleasant, SC is $477,300 higher than in Florence, SC.

Median Household Income

Florence, SC: $56,433 · Mount Pleasant, SC: $121,364

Mount Pleasant, SC has a higher median household income than Florence, SC by $64,931.

Florence, SC overview · Mount Pleasant, SC overview · Popular comparisons