State Comparison

Georgia vs South Carolina

Side-by-side comparison of 16 financial metrics including taxes, housing costs, cost of living, wages, and insurance — powered by verified government data.

Overall Score

9
Georgia
GA
1 tied
of 16 metrics
6
South Carolina
SC

Cost of Living

Cost of Living Index
GA: 93.4
SC: 95
GA

Housing

Median Home Price
GA: $320,000
SC: $280,000
SC
Median 2BR Rent
GA: $1,182/mo
SC: $1,080/mo
SC
Closing Costs
GA: 2.80%
SC: 2.70%
SC
Transfer Tax Rate
GA: 0.10%
SC: 0.37%
GA

Taxes

Property Tax Rate
GA: 0.92%
SC: 0.57%
SC
Top Income Tax Rate
GA: 5.39%
SC: 6.40%
GA
Sales Tax Rate
GA: 4.00%
SC: 6.00%
GA
Capital Gains Tax Rate
GA: 5.39%
SC: 6.40%
GA

Income & Employment

Median Household Income
GA: $65,030
SC: $56,227
GA
Minimum Wage
GA: $7.25/hr
SC: $7.25/hr
Tie
Max Unemployment Benefit
GA: $365/wk
SC: $326/wk
GA

Business

LLC Filing Fee
GA: $100
SC: $110
GA
LLC Annual Fee
GA: $50
SC: $0
SC

Insurance & Living

Avg Car Insurance
GA: $1,980/yr
SC: $1,770/yr
SC
Avg Home Insurance
GA: $2,050/yr
SC: $2,650/yr
GA

Key Takeaways

  • 1

    Georgia leads in 9 of 16 financial metrics, making it the more favorable state overall.

  • 2

    Housing: Median home prices are $320,000 in Georgia vs $280,000 in South Carolina — a $40,000 difference.

  • 3

    Taxes: Georgia has a 5.39% top income tax rate while South Carolina has a 6.4% top rate. Property tax rates are 0.92% vs 0.57%.

  • 4

    Cost of Living: Georgia's index is 93.4 and South Carolina's is 95 (national average = 100).

Frequently Asked Questions

Is Georgia or South Carolina more affordable?

Georgia has a lower cost of living index (93.4) compared to South Carolina (95), where 100 is the national average. However, affordability depends on your specific situation — compare housing, taxes, and income together for a complete picture.

Which state has lower taxes — Georgia or South Carolina?

Overall, Georgia has a lower combined tax burden. Georgia has a 5.39% top income tax, 4% sales tax, and 0.92% property tax. South Carolina has a 6.4% top income tax, 6% sales tax, and 0.57% property tax.

What are housing costs in Georgia vs South Carolina?

The median home price in Georgia is $320,000 compared to $280,000 in South Carolina. For renters, a 2-bedroom apartment averages $1,182/month in Georgia vs $1,080/month in South Carolina.

Which state is better for starting a business — Georgia or South Carolina?

LLC filing costs are $100 in Georgia vs $110 in South Carolina, with annual fees of $50 and $0 respectively. Georgia's 5.39% top tax rate compared to South Carolina's 6.4% rate may also factor into your decision.

Should I move from Georgia to South Carolina?

It depends on your priorities. Georgia wins in 9 of 16 metrics we compared. Use our free calculators to model your specific financial scenario — including salary, property tax, and cost of living for each state.

Comparing Georgia and South Carolina

When deciding between living in Georgia or South Carolina, the financial picture goes beyond just one metric. This comparison analyzes 16 key financial indicators sourced from the U.S. Census Bureau, Tax Foundation, HUD Fair Market Rent data, and Bureau of Labor Statistics to give you a comprehensive overview.

Georgia (GA) has a median household income of $65,030 with a cost of living index of 93.4. South Carolina (SC) has a median household income of $56,227 with a cost of living index of 95.

These numbers are estimates. Individual circumstances vary based on location within each state, family size, profession, and lifestyle. Use our free Georgia calculator or South Carolina calculator to model your specific financial scenario.

Data sources: Census Bureau ACS, Tax Foundation, HUD FMR, BLS. Last verified January 2026. Calculators provide estimates only — consult a qualified professional for financial advice.