Choosing where to spend your golden years is no small task—it’s about more than just budgets or logistics. Finding a place that feels like home while offering the lifestyle you’ve always envisioned matters, too. If you’re thinking about a retirement destination that checks all the boxes, South Carolina should be at the top of your list.
From in-town retirement communities to apartments with waterfront views, the Palmetto State offers countless options for a comfortable and affordable lifestyle. With its tax-friendly policies, a low cost of living, and a mild year-round climate, South Carolina provides what retirees need to enjoy their golden years. Here are seven compelling reasons to consider retiring in South Carolina.
1. Tax-Friendly Benefits
South Carolina’s tax code is great for retirees. Not only is Social Security not taxable, but there’s a sizable deduction for other kinds of retirement income. Those under 65 can claim a $3,000 deduction, while those over 65 can claim up to $15,000, making it extremely friendly for seniors receiving income from sources other than Social Security. Property taxes are also among the lowest in the nation, and some seniors qualify for a homestead exemption, meaning you might pay even less property tax.
2. A Lower Cost of Living
Another important factor to consider is the day-to-day cost of living, which includes essentials like groceries, utilities, and rent. The good news is that the cost of living in South Carolina is approximately 6% lower than the national average, making it an attractive option for retirees. Housing costs are even more affordable compared to the rest of the country, and the state’s low property taxes further enhance its appeal. South Carolina stands out as a cost-effective choice for those seeking a comfortable and affordable lifestyle.
3. Unmatched Southern Hospitality
People all over the nation think of the South as being particularly hospitable, but South Carolina stands head and shoulders above the rest. Known for its delightful Southern hospitality, the state offers a warm and welcoming atmosphere that makes it a favorite among retirees and visitors alike. Charleston, the largest city in the state, previously received Condé Nast’s Readers’ Choice Award for the Best Small City in the United States. The welcoming nature extends throughout the entire state, where even the simple act of greeting passersby on the street is a cherished tradition. South Carolina’s friendly culture will enable you to quickly feel right at home.
4. Natural Beauty Year-Round
One of the biggest draws for living in South Carolina is the inherent beauty of the surroundings. The state’s mountains and lakes provide stunning views and opportunities for outdoor adventures like hiking trails and fishing. With nearly 2,900 miles of coastline, the state offers endless opportunities for water-based recreation, from leisurely strolls along its famous beaches to boating and sailing. Whether you’re exploring the mountains or enjoying the coastal breeze, South Carolina’s outdoor recreation options have something for everyone.
5. A Rich Culinary History
Nothing pulls neighbors and friends together like a table filled with good food. South Carolina’s iconic food scene is a unique mix of tradition and regional specialties that date back several decades. The state is renowned for its Lowcountry cuisine, which features dishes like shrimp and grits, crab cakes, and seafood boils.
While Louisiana may be famous for its flavors, South Carolina holds its own with crowd-pleasing staples like catfish and oysters. And, of course, no mention of South Carolina’s food scene would be complete without its legendary barbecue, known for its distinctive mustard-based sauce. Whether it’s Southern comfort food or fresh seafood, South Carolina offers a culinary experience that’s second to none.
6. A Relaxed Lifestyle
If you ask anyone from South Carolina, they’ll no doubt tell you that the pace of life is just slower there. It’s a great part of the state’s overarching calm. With more than 80,000 acres of state parks across South Carolina, you can connect with nature, whether through birdwatching, camping, or just marveling at the state’s unspoiled wilderness. For golf lovers, the state is a dream destination boasting over 450 golf courses that will allow you to perfect your swing, soak up breathtaking landscapes, and experience world-class golfing year-round.
7. Things To Do
Residents with an on-the-go lifestyle will find plenty to enjoy across the state. From museums to a treasure trove of annual festivals, there’s not a dull moment to be found. The Spoleto Festival, which runs for 17 nights each spring, might actually take the crab cake! Jazz, theater, opera, and dance offer a unique taste of culture that’s hard to find elsewhere.
South Carolina is also home to a variety of local traditions and annual events, such as food festivals, craft fairs, and live music performances. The state’s Department of Parks, Recreation, and Tourism maintains a South Carolina events calendar that is jam-packed with activities each month, ensuring there’s always something exciting happening.
Are you ready to experience retirement living in South Carolina? Apartments.com is ready to help. Whether you want to move to sunny Myrtle Beach, historic Columbia, or if Charleston’s famous cobblestone streets are calling your name, Apartments.com has listings that are sure to spark your interest. Begin your search today!
The tax information contained in this article is in no way intended to be a substitute for qualified tax advice. If you need advice, please contact a tax professional in your area.
