One of the best places to retire in South Carolina on a budget is Summerville, SC. Not only are there low daily living costs, but also mild weather, close access to Charleston, a supportive and engaging community, and affordable senior living communities. TerraBella Summerville is also here, providing assisted living and memory care services.
America’s Health Rankings says that 19.3% of South Carolina’s population is 65 or older. This is higher than the overall US value of 17.7%, which suggests that this state is good for retirement.
But if you’re on a limited budget, you’ll have to make your retirement choice wisely, as you’ll have to make every dollar count. So in that case, out of all the best places to retire in South Carolina on a budget, we’d suggest Summerville, SC.
Is South Carolina a Good Place to Live for Retirees?
Yes, South Carolina is definitely an excellent place to live for retirees! The main advantages of SC senior living are:
- Affordability
- Pleasant climate
- Lifestyle amenities
Here, you’ll experience mild winters and benefit from beautiful coastal regions, mountain scenery, and historic towns. This means that you can enjoy year-round outdoor recreation, which will make it easy to stay healthy and fit with wellness activities.
What Is the Nicest Place to Live in South Carolina?
Those who are interested in affordable retirement towns in South Carolina should look into Summerville. It’s a nice city, and it comes with many benefits for budget-conscious aging.
Low Daily Living Costs
Payscale shows that the cost of living in Summerville, SC, is 11% lower than the national average. While utilities are 11% higher and groceries are 2% higher, the biggest saving you’ll get is with housing, as it’s 30% lower than the national average. Also, as we mentioned earlier, South Carolina is a tax-friendly state for seniors, which further reduces your financial burden.
You’ll be able to live a comfortable lifestyle without worrying about high costs, and you can take advantage of the local shops, restaurants, and recreational activities without spending large amounts of money.
Mild Weather
Summerville has a mild, subtropical climate that results in year-round comfort. The winters are gentle, and the temperatures rarely drop below freezing. And the summers are warm, but not too hot, as the lush greenery and coastal breezes cool things down a bit.
You’ll be able to lead a wholesome outdoor lifestyle no matter what time of the year it is, utilizing the walking paths, garden areas, and social events. This can lead to better overall health.
Close Access to Charleston’s Healthcare and Amenities
If you like the big-city feel but don’t like residing in it, then you’ll be pleased to know that Charleston’s just a short drive away. There’s top-quality healthcare here, including the Medical University of South Carolina (MUSC). You can receive advanced medical care and consult with specialists easily.
In addition, Charleston has many cultural attractions, historic sites, and beaches. You can always take a day trip out here to enjoy these things, then return quickly to the quiet comfort of Summerville.
There’s also a nearby airport and highways, so it’s easy for you to travel and for loved ones to visit.
Supportive and Engaging Community
There’s a welcoming and active senior community in Summerville, so you’ll find social connections and engagement quickly. There’s a friendly atmosphere here, with:
- Local festivals
- Farmers markets
- Volunteer opportunities
Not only will you feel connected to the wider community, but you’ll also experience a strong sense of belonging. All of the above are not costly to do either, so you can build friendships while sticking to your budget.
Affordable Senior Living Communities
While some older adults prefer to live independently at home, others may be interested in assisted living in Summerville. In that case, TerraBella is here for you, as we have affordable and cozy senior apartments available.
Included in our base monthly fee are numerous amenities, such as:
- Restaurant-style dining with tableside service
- Daily activities, recreation, and social events
- Live entertainment
- Senior-specific wellness classes
- Professional beauty salon and barbershop
- Multifunctional game room
- Private courtyard and community garden
Should you require South Carolina memory care at any point, you can easily transition to it at our community. We have a unique and holistic approach to memory care, which helps our residents thrive.
Frequently Asked Questions
Is SC Tax-Friendly for Retirees?
Yes, South Carolina is considered one of the most tax-friendly states for retirees. The state doesn’t tax Social Security benefits, and there are also generous deductions on other types of retirement income (e.g., pensions, IRAs, 401(k) withdrawals). For example, the South Carolina Department of Revenue says that those over 65 can deduct up to $15,000 of retirement income from their state taxable income.
Those who want to own property or already do will enjoy relatively low property taxes in comparison to the national average. You can also qualify for a homestead exemption.
Lastly, South Carolina has no inheritance or estate taxes.
Is It Cheaper to Live in SC or FL?
In general, there’s a lower overall cost of living in South Carolina. Florida can be more expensive, especially in coastal cities.
Do note that both states have similar advantages, such as no state tax on Social Security income.
Is South Carolina a Red or Blue State?
South Carolina is traditionally a red state, so it generally leans Republican in both state and national elections. But there are pockets of Democratic areas, especially in urban centers like Columbia, Charleston, and parts of the Lowcountry.
Best Places to Retire in South Carolina on a Budget
If you’re searching for the best places to retire in South Carolina on a budget, then find your solution in Summerville, SC. You’ll definitely enjoy a low cost of living, and you’re close enough to Charleston to access its healthcare and amenities without having to live in this big city.
In addition, there’s nice weather here, so it should be an easy choice to move into TerraBella Summerville. You’re sure to have the most wonderful golden years, and you won’t have to spend a fortune either.
TerraBella Summerville takes an evidence-based approach to dementia to ensure our residents are comfortable and have the best well-being possible. If you’d like more information on senior living in Summerville, SC, then contact us today.
