Cost of Ownership · South Carolina

The true cost of owning a home in South Carolina

For a median $236,700 home in South Carolina, here is the full monthly cost — not just the mortgage. Built from public data: the state's median home value and effective property-tax rate, its average homeowners premium, and the current 30-year rate. This is a representative example, not a quote.

As of Jul 5, 2026Methodology true-cost-v3

Lender-approved payment

$1,656/mo

PITI + PMI

True monthly cost

$1,854/mo

everything, incl. upkeep

The gap

+$197/mo

what approval leaves out

Principal & interest$1,337/mo

Property tax$100/mo

Homeowners insurance$131/mo

PMI (LTV > 80%)$89/mo

Maintenance reserve$197/mo

True monthly cost$1,854/mo

Effective property-tax rate

0.51%

Avg. homeowners premium

$1,571/yr

NFIP flood claims on record

49,606

These figures use South Carolina’s median home value and a 10% down payment as a representative example. Your price, rate, and county rate will differ — run your own numbers in the True Cost tool, see how South Carolina ranks on property tax and insurance, or browse every state.