Cost to Own
United StatesSouth CarolinaDillon CountyDillon Population 6,406 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Dillon, South Carolina

A $110,000 home here costs

$966

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $566. The real number is $401 higher every month — 71% more than the payment most buyers budget for.

Dillon median: $110,000
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $88,000 borrowed $566
Property tax0.465% effective rate for Dillon itself $43
Homeowners insuranceSouth Carolina averages $1,432/yr (NAIC), or 0.578% of home value $53
Electricity16.18¢/kWh — South Carolina residential average, EIA $145
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $92
Total monthly $966

Dillon against Dillon County and South Carolina

MeasureDillonDillon County
Median home value$110,000$84,400
Median property tax$511$425
Effective tax rate0.465%0.504%
Median gross rent$624$692
Population6,40628,031

The weather behind that power bill

Dillon sits in Dillon County, which averages a high of 92.2°F in its hottest month and a low of 31.9°F in its coldest, with 48.63" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,950 cooling and 2,752 heating degree days, which is what sets the $145 electricity line above.

See the full climate breakdown for Dillon County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Dillon County

Full Dillon County cost breakdown · Every county in South Carolina

Common questions

How much does it cost to own a home in Dillon?

A $110,000 home in Dillon, South Carolina costs approximately $966 per month with 20% down at 6.66%. That is $566 principal and interest, $43 property tax, $53 homeowners insurance, $213 utilities and $92 set aside for maintenance.

What is the property tax rate in Dillon?

Dillon has an effective property tax rate of 0.465%, based on a median home value of $110,000 and median real estate taxes of $511. That is lower than the Dillon County average of 0.504%.

What is the average home price in Dillon?

The median owner-occupied home value in Dillon, South Carolina is $110,000, against $84,400 across Dillon County.

Is it cheaper to rent or buy in Dillon?

Median gross rent in Dillon is $624 a month, against $966 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 Dillon — 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.

Full methodology