States › South Carolina › Welcome

Is Welcome, SC expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,16134% lower than U.S. average
💵 Families earn per year (2026)$71,282about $5,940/month · 18% lower than U.S. average
🔑 House price$206,30038% lower than U.S. average

Rent is lower than in 78% 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 $46,440 a year. That is $22 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 30 of 101 cities from cheapest to most expensive.

Welcome
$1,161
$1,137
$731
$685
$1,959

How much do households earn in Welcome?

Under $25k
13.6%
$25k–50k
17.9%
$50k–100k
36.3%
$100k–150k
6.0%
$150k+
18.2%

Share of households by yearly income. 24.2% of households earn $100,000 or more.

Rent by apartment size in Welcome

SizeWelcomeU.S. average
1 bedroom$908$1,324
2 bedrooms$1,231$1,509
3 bedrooms$1,213$1,698

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

How expensive is Welcome 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 Welcome, so the South Carolina figure is shown.

Taxes and bills in Welcome

🏛️ Property tax$1,296a year · 0.63% of home value · U.S. $3,119
⚡ Electric bill$172a month (typical) · U.S. $156

Life in Welcome

Commute to work27.7 minU.S.: 26.4 min
College degree18.4%U.S.: 35.7%
Own their home67.3%U.S.: 65.2%
Below poverty line8.9%U.S.: 12.5%
Unemployment5.1%U.S.: 5.2%

Is it cheaper to rent or buy in Welcome?

Renting is cheaper right now: about $270 a month less.

Renting
$1,161
Owning
$1,431

Owning assumes a typical $206,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,630 for the down payment.

Frequently asked questions

What is the average rent in Welcome, SC?

Renting in Welcome costs a median of about $1,161 a month in 2026, including utilities. The South Carolina median is $1,479.

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

To keep rent under 30% of income, you need about $46,440 a year, or $22 an hour at a full-time job.

Is Welcome cheap or expensive?

Welcome is rated Cheap: rent takes 19.5% of the typical household income of $71,282. It ranks 30th cheapest of 101 South Carolina cities we track.

How much are property taxes in Welcome?

The median homeowner in Welcome pays $1,296 a year in property taxes, about 0.63% of the median home value.

Is Welcome 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 Welcome?

The median home value in Welcome is $206,300, about 2.9 times the typical yearly household income.

6,527 people live in Welcome. Numbers are typical (middle) values.