For many, the answer is yes, thanks to low taxes, coastal charm, and friendly communities. But those perks come with a few surprising trade-offs. Let’s unpack what you’ll gain—and what to watch for.
What You'll Learn in This Post
Before you pack your bags or call a real estate agent, you’ll want to know what living in South Carolina really feels like. Coming up in this post, you'll learn:
Why so many retirees are choosing South Carolina
What challenges might surprise you
How North Carolina and South Carolina stack up across cost of living, healthcare, and lifestyle
Overview
Retiring in South Carolina can be a good choice for its tax benefits, lower cost of living, and mild weather, though hot summers and potential hurricane risks are considerations. The ideal choice depends on individual priorities and tolerances.
Here's a more detailed breakdown:
Financial Advantages
South Carolina offers tax exemptions on Social Security and deductions on other retirement income, along with lower property taxes, making it financially attractive for retirees.
Cost of Living
Compared to the national average and nearby states like North Carolina, South Carolina generally has a lower cost of living for housing, groceries, and transportation.
Climate and Recreation
The state boasts mild winters, enabling year-round outdoor activities, and offers access to the Atlantic coast for beaches and ocean living.
Healthcare Access
Major cities in South Carolina have strong healthcare facilities; however, rural areas may have limited access to specialized medical care.
Cultural Aspects
Known for Southern hospitality, South Carolina provides a welcoming environment with rich cultural scenes in cities like Charleston and Columbia.
Potential Challenges
Hot and humid summers, hurricane and flood risks, and varying crime rates across different locations are potential drawbacks to consider.
Reasons South Carolina Is Worth Considering
Retirees considering the Palmetto State often start with one big question: Is this a good place to retire? For many, it absolutely is. The state offers generous tax benefits, low housing costs, mild weather, and a welcoming atmosphere shaped by true Southern hospitality.
Below are 10 detailed reasons why South Carolinians—and those thinking about relocating—often find this state a smart and satisfying choice for their retirement years.
1. Safe Social Security Benefits from State Taxes
Unlike some other states, South Carolina does not tax Social Security benefits. That means your monthly check is protected from state-level income tax. This benefit alone can save South Carolina residents hundreds—or even thousands—each year, depending on their income bracket.
This policy makes a big difference when compared to North Carolina, which also exempts Social Security but tends to have higher taxes on other income types.
2. Tax Breaks for Other Retirement Income
In addition to protecting Social Security, South Carolina offers generous tax deductions on other retirement income. Once you turn 65, you can deduct up to $10,000 per person from qualified retirement plans like pensions, IRAs, or 401(k)s.
There’s also an additional $15,000 deduction available on other income, which can combine for serious savings. This is especially helpful for those moving from higher-tax states, where retirees often lose a large chunk of their income to state income tax.
3. Lower Property Tax Due to Homestead Exemption
Property taxes in South Carolina are among the lowest in the country, and seniors get an added bonus: the Homestead Exemption. If you're over 65, the first $50,000 of your home’s fair market value is exempt from taxation. Combined with already low base rates, this makes homeownership far more affordable for seniors.
If you're comparing this with North Carolina and South Carolina, the latter comes out ahead in overall property tax friendliness for retirees.
4. Lower Cost of Living Than the National Average
From groceries to gas, the cost of living in South Carolina is below the national average. That gives retirees more flexibility with their budgets. According to the Missouri Economic Research and Information Center (MERIC), South Carolina ranks consistently among the least expensive states in the U.S.
This lower cost is especially evident in places like Rock Hill, West Columbia, and areas outside major tourist zones like Hilton Head.
Source: SoFi
On MERIC’s cost of living index, a score of 100 matches the national average—South Carolina scores 95.5, which means things like groceries, housing, and transportation cost less here than in many other states.
According to the Bureau of Economic Analysis, the average yearly cost of living in South Carolina is $46,220. That’s about $3,851 per month, covering basic expenses like housing, food, healthcare, and transportation.
5. Affordable Housing Options—Even by the Coast
Housing prices in many parts of South Carolina are still relatively reasonable. While Charleston Harbor and Hilton Head Island are getting more expensive, many inland and coastal towns offer attractive housing options for less than what you’d pay in Florida or much of North Carolina.
This includes condos, townhomes, and full-service retirement communities with resort-style amenities near golf courses and music venues.
6. Mild Winters and Year-Round Outdoor Recreation
You can forget snow shovels and frozen driveways. South Carolina offers mild winters across most of the state. Even in January, temperatures along the coast average in the 50s and 60s. That makes it easier to enjoy outdoor recreation year-round—from walking trails to golf and fishing.
In the northwest, retirees in Greenville and nearby towns enjoy views of the Blue Ridge Mountains, with access to cooler temperatures and hiking trails in summer.
Coastal Areas (e.g., Charleston): Summers are hot and humid, with average highs in the upper 80s to low 90s°F (31–33°C). Winters are mild, with average highs in the upper 50s to low 60s°F (14–16°C) and lows in the 40s°F (4–9°C).
Midlands (e.g., Columbia): Summers can be particularly hot, with average highs in the low to mid-90s°F (32–35°C). Winters are cooler than the coast, with average highs in the mid-50s°F (12–13°C) and lows around freezing.
Upstate (e.g., Greenville): This region experiences slightly cooler temperatures due to higher elevations. Summers have average highs in the upper 80s°F (31°C), while winters can see highs in the upper 40s to low 50s°F (8–11°C) and lows often below freezing.
7. Coastal Living on the Atlantic Ocean
Dreaming of ocean breezes and salt air? South Carolina delivers. From North Myrtle Beach to the Sea Islands, the state offers some of the best seaside living on the Atlantic Ocean.
Popular spots like Myrtle Beach combine warm sand, ocean views, and easy access to local shops and restaurants. These areas are not just for tourists—they're also home to thriving retirement communities with events and amenities designed for seniors.
8. Strong Healthcare Access in Major Cities
Healthcare in South Carolina’s major cities—like Columbia, Greenville, and Charleston—is generally high quality. Facilities like MUSC Health in Charleston and Prisma Health in the Upstate region offer specialized services, including cancer treatment, cardiology, and senior care.
While healthcare may be more limited in rural regions, proximity to larger cities solves that challenge for many retirees.
9. Rich Culture and Southern Hospitality
If you're looking for a community, you’ll find it here. The culture in South Carolina is rooted in friendliness, local pride, and strong community values. Whether you're attending a concert in a music venue downtown or chatting with neighbors at a farmer’s market, the feeling of Southern hospitality is real.
The music scene in cities like Charleston and Columbia adds to the state’s charm, with live performances ranging from jazz and blues to country and beach music. From art galleries in Charleston to historic sites tied to the Civil War, the Palmetto State offers more than scenery—it offers connection.
10. No Estate Tax and a Growing Job Market
South Carolina has no estate tax, making it easier to leave assets to family or charitable causes. And if you're still interested in part-time work, the job market is steady, especially in healthcare, education, and services.
With several reputable universities like Clemson University and partnerships with industries, the state continues to attract investment and expand its job opportunities, particularly in the Charleston area and growing cities like Columbia and Greenville.
Potential Challenges for Retirees in South Carolina
1. Hot and Humid Summers
South Carolina experiences hot and humid summers, with average daytime temperatures across most of the state hovering near 90°F (32°C) during the summer months. Overnight lows typically drop to around 70°F (21°C), providing little respite from the heat.
2. Hurricane and Flood Risks
The state's coastal regions, including popular retirement areas like Hilton Head Island and Myrtle Beach, are prone to hurricanes and tropical storms. These events can lead to property damage, increased insurance costs, and potential evacuation scenarios.
3. State Income Tax on Certain Retirement Income
Social Security income is exempt from state taxes in South Carolina. The state offers deductions on other retirement income. However, the state does impose income tax on retirement income from sources like 401(k)s, IRAs, and pensions beyond the deductible amounts.
4. Limited Healthcare Access in Rural Areas
Urban centers like Charleston and Columbia boast reputable healthcare facilities. However, retirees residing in rural parts of the state may face challenges accessing specialized medical care and services.
With over 27% of South Carolina residents living in rural areas, efforts are being made to improve access in these regions.
5. Seasonal Tourist Crowds
South Carolina's appeal as a tourist destination means that areas like Myrtle Beach and Hilton Head Island experience significant influxes of visitors during peak seasons. This can lead to crowded public spaces, increased traffic, and longer wait times at restaurants and healthcare facilities, potentially impacting the tranquility retirees seek.
6. Allergy Concerns
The state's lush vegetation contributes to high pollen counts, especially in spring. Cities like Greenville and Columbia rank among the top U.S. cities for allergy sufferers.
Retirees with respiratory issues or allergies should prepare for seasonal discomfort and consider this factor when selecting a retirement location.
Greenville: Ranked as the 9th most challenging city in the U.S. for individuals with seasonal allergies, according to the Asthma and Allergy Foundation of America (AAFA). This ranking is based on factors such as pollen levels, over-the-counter medication use, and the availability of allergy specialists in the area
Columbia: Experiences high pollen levels during spring, with tree pollen being the main cause of trouble for most allergy sufferers.
7. Crime and Safety Varies by Location
South Carolina’s crime rates are above the national average in some areas, especially for property crime like burglary and theft. While many retirement communities are safe and well-maintained, cities like Columbia and North Charleston report higher rates of both property crime and violent crime, according to FBI data.
That said, many smaller towns and suburban areas—like those in the Upstate region or near Hilton Head—report much lower crime rates and offer secure environments for retirees.
North Carolina vs. South Carolina: Which Is Better for Retirement?
Deciding between North Carolina and South Carolina for retirement? You're not alone. Both are popular retirement destinations on the East Coast, offering warm weather, welcoming communities, and access to some of the country’s most popular natural beauty.
But despite their shared southern charm, the states have distinct strengths. Here’s a side-by-side breakdown of what to expect.
Cost of Living and Housing Prices
South Carolina has a lower cost of living overall, especially in retirement communities located in smaller towns. The average annual expense is about $46,220. Housing options range from affordable bungalows to luxury 55+ gated neighborhoods in places like Rock Hill and Beaufort.
North Carolina averages $48,370 per year, and some cities—like Chapel Hill or Winston-Salem—have a higher cost of living due to healthcare infrastructure and university presence. However, the state still offers accessible areas with moderate pricing for retirees.
State Income Tax and Retirement Income
South Carolina offers major tax benefits for retirees. It doesn’t tax Social Security benefits and allows residents over 65 to claim tax deductions on their retirement income (SC Dept. of Revenue).
North Carolina also avoids taxing Social Security, but it fully taxes distributions from IRAs, 401(k)s, and pensions. There's no retirement income deduction, which can increase your long-term healthcare costs if your income is fixed.
Healthcare and Access
North Carolina leads in medical infrastructure. With an experienced team of professionals across facilities like Duke University Medical Center and UNC Health, retirees benefit from easy access to advanced treatments. Cities like Chapel Hill and Winston-Salem are well-known for high-quality medical services.
South Carolina has top-rated hospitals in the state capital, Columbia, and in Charleston. But rural areas may lack specialists. Rising healthcare costs make proximity to providers more important.
Outdoor Activities and Parks
South Carolina is packed with scenic views and outdoor activities like kayaking, beach walking, and hiking. You’ll find beautiful state parks like Huntington Beach and Table Rock that are popular among retirees.
North Carolina delivers variety—from the natural beauty of the Blue Ridge Parkway to the coastal trails of the Outer Banks. Whether you’re into fishing, mountain biking, or waterfalls, the state offers plenty to do in every season.
Should You Retire in South Carolina?
The answer depends on what matters most to you. South Carolina offers a lower cost of living, tax benefits on retirement income, and access to some of the most scenic retirement communities in the Southeast.
For many, the idea of mild winters, beautiful state parks, and friendly neighbors rooted in southern charm is reason enough to make the move. And if you're drawn to lifelong learning or living near a university, both states offer strong educational opportunities, especially in towns like Clemson and Chapel Hill.
When choosing between North Carolina and South Carolina, some retirees prioritize culture, healthcare, and proximity to major universities. Cities anchored by schools like North Carolina State University often offer more public events.
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Frequently Asked Questions (FAQs)
What is the downside of living in South Carolina?
One major drawback is the hot summers. Daytime highs often reach into the 90s°F, especially in the Charleston area, and humidity can make it feel even warmer. Storm season can also bring heavy rain or the occasional hurricane, particularly in coastal zones.
Some retirees may also find healthcare options limited in rural communities. If that's a concern, it's worth comparing access between North Carolina and South Carolina—the former often has broader networks in more remote areas.
At what age do you stop paying property taxes in South Carolina?
In South Carolina, residents age 65 and older may qualify for the Homestead Exemption, which deducts $50,000 from the taxable value of their primary residence. While this doesn’t eliminate property taxes entirely, it significantly reduces the bill for many retirees. Combined with housing prices below the national average, this can make retiring here more affordable than in many other states.
Why are houses in South Carolina so cheap?
Home prices across the state are generally lower than the national average due to more available land, lower development costs, and fewer large urban centers. This is especially true in smaller inland towns and less developed coastal regions.
The affordability also reflects broader economic patterns. While the culture of South Carolina supports home ownership and slower-paced living, wages and job demand in some areas are lower than in northern metros. That keeps housing costs manageable—especially for retirees with fixed incomes.
What is the least expensive beach town in South Carolina?
North Myrtle Beach is often considered one of the most affordable coastal towns in the state. It offers ocean access, walkable neighborhoods, and lower home prices than more high-end coastal areas.
Disclaimer: This post is for general information and not financial advice. Consult a professional before making major decisions.
