States › South Carolina › Newberry

Is Newberry, SC expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,11037% lower than U.S. average
💵 Families earn per year (2026)$55,284about $4,607/month · 37% lower than U.S. average
🔑 House price$142,40057% lower than U.S. average

Rent is lower than in 81% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $44,400 a year. That is $21 an hour at a full-time job.

Is rent cheaper than other South Carolina cities?

Yes. Rent here is cheaper than in most of South Carolina. It is number 26 of 101 cities from cheapest to most expensive.

Newberry
$1,110
Powdersville
$1,684
Hardeeville
$1,479
Forest Acres
$1,759
Red Bank
$1,875
Garden City
$1,549
Murrells Inlet
$1,842

How much do households earn in Newberry?

Under $25k
21.5%
$25k–50k
28.6%
$50k–100k
35.2%
$100k–150k
3.4%
$150k+
3.3%

Share of households by yearly income. 6.6% of households earn $100,000 or more.

Rent by apartment size in Newberry

SizeNewberryU.S. average
1 bedroom$475$1,324
2 bedrooms$944$1,509

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Newberry overall?

Everyday prices in South Carolina overall are 6% below the U.S. average (index 93.7, U.S. = 100).

Housing
80
Goods (food, clothes…)
96
Utilities
88
Other services
98
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Newberry, so the South Carolina figure is shown.

Taxes and bills in Newberry

🏛️ Property tax$1,283a year · 0.90% of home value · U.S. $3,119
⚡ Electric bill$217a month (typical) · U.S. $156

Life in Newberry

Commute to work24.3 minU.S.: 26.4 min
College degree19.7%U.S.: 35.7%
Own their home50.1%U.S.: 65.2%
Below poverty line31.5%U.S.: 12.5%
Unemployment6.9%U.S.: 5.2%

Is it cheaper to rent or buy in Newberry?

Buying is cheaper month to month: about $122 a month less than renting.

Renting
$1,110
Owning
$988

Owning assumes a typical $142,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $14,240 for the down payment.

Frequently asked questions

What is the average rent in Newberry, SC?

Renting in Newberry costs a median of about $1,110 a month in 2026, including utilities. The South Carolina median is $1,479.

How much do I need to make to live in Newberry?

To keep rent under 30% of income, you need about $44,400 a year, or $21 an hour at a full-time job.

Is Newberry cheap or expensive?

Newberry is rated OK: rent takes 24.1% of the typical household income of $55,284. It ranks 26th cheapest of 101 South Carolina cities we track.

How much are property taxes in Newberry?

The median homeowner in Newberry pays $1,283 a year in property taxes, about 0.90% of the median home value.

Is Newberry more expensive than the national average?

Overall prices in South Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Newberry?

The median home value in Newberry is $142,400, about 2.6 times the typical yearly household income.

10,790 people live in Newberry. Numbers are typical (middle) values.