Total monthly cost of ownership
Cost to Own a Home in Abbeville, South Carolina
A $109,000 home here costs
$980per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $560. The real number is $420 higher every month — 75% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Abbeville against Abbeville County and South Carolina
| Measure | Abbeville | Abbeville County |
|---|---|---|
| Median home value | $108,500 | $147,200 |
| Median property tax | $756 | $717 |
| Effective tax rate | 0.697% | 0.487% |
| Median gross rent | $575 | $634 |
| Population | 4,863 | 24,352 |
The weather behind that power bill
Abbeville sits in Abbeville County, which averages a high of 90.2°F in its hottest month and a low of 31.8°F in its coldest, with 42.01" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,676 cooling and 3,048 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Abbeville County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Abbeville County
Full Abbeville County cost breakdown · Every county in South Carolina
Common questions
How much does it cost to own a home in Abbeville?
A $109,000 home in Abbeville, South Carolina costs approximately $980 per month with 20% down at 6.66%. That is $560 principal and interest, $63 property tax, $53 homeowners insurance, $213 utilities and $91 set aside for maintenance.
What is the property tax rate in Abbeville?
Abbeville has an effective property tax rate of 0.697%, based on a median home value of $108,500 and median real estate taxes of $756. That is higher than the Abbeville County average of 0.487%.
What is the average home price in Abbeville?
The median owner-occupied home value in Abbeville, South Carolina is $108,500, against $147,200 across Abbeville County.
Is it cheaper to rent or buy in Abbeville?
Median gross rent in Abbeville is $575 a month, against $980 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Abbeville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for South Carolina.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.