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.
How much do households earn in Welcome?
Share of households by yearly income. 24.2% of households earn $100,000 or more.
Rent by apartment size in Welcome
| Size | Welcome | U.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).
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
Life in Welcome
Is it cheaper to rent or buy in Welcome?
Renting is cheaper right now: about $270 a month less.
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.