Small Town1,584 people

Monarch Mill, SC

Discover how far your salary goes in Monarch Mill. Compare taxes, rent, and living costs.

Cost Index
94
Below Average
Population

1,584

State Tax

6.5%

1BR Rent

$1,012

/month

vs National

-28%

below avg

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Rent Prices in Monarch Mill

🏠

Studio

$810

/month

$9,720/year

Most Common
🛏️

1 Bedroom

$1,012

/month

$12,144/year

🏡

2 Bedroom

$1,366

/month

$16,392/year

🏘️

3 Bedroom

$1,771

/month

$21,252/year

Taxes in South Carolina

State Income Tax

South Carolina

6.5%

For a $100k salary, that's ~$6,500/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Monarch Mill, SC?

Monarch Mill has a cost of living index of 94, which is 6% below the national average. A 1-bedroom apartment costs around $1,012/month.

What is the state income tax in South Carolina?

South Carolina has a state income tax rate of approximately 6.5%. This is in addition to federal income tax.

How much is rent in Monarch Mill?

The median rent for a 1-bedroom apartment in Monarch Mill is $1,012/month. For a 2-bedroom, expect to pay around $1,366/month. This is 28% below the national average.

Is Monarch Mill a good place to live?

Monarch Mill is a small town with a population of 1,584. The cost of living is below average, making it more affordable than average for the US.

See the complete picture for Monarch Mill

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