This article takes a look at the 5 best places to retire in South Carolina in 2024. If you wish to check out our detailed analysis on navigating your retirement journey, you may go to 20 Best Places to Retire in South Carolina in 2024.
5. Charleston
Insider Monkey Score: 65
IM Cost of Living Index: 111.5
Median Home Price: $559,500
Number of Hospitals: 11
Livability Score: 77
Charleston, a port city situated in the county seat of Charleston County, is famous for its parks and gardens, old colonial homes and churches, and good medical care. Retirees also love it for its diverse culinary scene, vibrant arts and culture, as well as plentiful recreational activities.
4. Myrtle Beach
Insider Monkey Score: 69
IM Cost of Living Index: 91.2
Median Home Price: $285,000
Number of Hospitals: 4+
Livability Score: 67
No list of best places to retire in South Carolina is complete without Myrtle Beach. This city and vacation resort situated on Carolina’s Atlantic Coast is best known for its celebrity-designed golf courses and small-city charm. Boasting excellent restaurants, plentiful recreation, and a sizable retirement community, Myrtle Beach can be the perfect place for seniors to settle in their golden years.
3. Lexington
Insider Monkey Score: 69
IM Cost of Living Index: 96.7
Median Home Price: $321,000
Number of Hospitals: 3+
Livability Score: 76
Another great place to retire in South Carolina is Lexington. This small suburb of Columbia is a hit amongst retirees for its affordable living costs and home values, friendly community atmosphere, and adequate access to medical facilities. Retirees can visit Lake Murray close by for some fishing and boating, or explore the many public parks that it offers. Columbia is 20 minutes away, offering access to additional amenities.
2. Greenville
Insider Monkey Score: 80
IM Cost of Living Index: 90.6
Median Home Price: $420,000
Number of Hospitals: 8+
Livability Score: 80
A retiree favorite, Greenville boasts a thriving cultural scene, delectable food, rich arts and entertainment, and all the right amenities. Residents get to live a high quality of life here, enjoying places such as the Falls Park on the Reedy and the Greenville County Museum of Art.
“I find that many retirees move here to be near their kids and grandkids who have moved here for job opportunities. It’s very affordable, which means that retirees can spend less from their investment portfolios while still having a very comfortable retirement lifestyle”.
– Danielle Harmon, a certified financial planner and founder of Boundless Financial Services in Greenville.
1. Columbia
Insider Monkey Score: 91
IM Cost of Living Index: 89.7
Median Home Price: $256,000
Number of Hospitals: 10+
Livability Score: 79
The best place to retire in South Carolina in 2024 is Columbia. Home to the University of South Carolina, this college town boasts a lively arts and music scene, agreeable weather, and plentiful recreational activities to keep busy. Home prices in the city are quite affordable when compared to the national average, and the cost of living is also pretty reasonable. The cherry on top is there are several hospitals and medical centers in the city to choose from.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at 20 States with the Highest Fertility Rates in the US and 25 Cheap Places to Travel in the U.S. with Beaches.
