Cost to Own
United StatesSouth CarolinaCharleston CountyMeggett Population 1,274 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Meggett, South Carolina

A $595,000 home here costs

$4,257

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

A standard mortgage calculator would have told you $3,059. The real number is $1,198 higher every month — 39% more than the payment most buyers budget for.

Meggett median: $594,800
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, $476,000 borrowed $3,059
Property tax0.407% effective rate for Meggett itself $202
Homeowners insuranceSouth Carolina averages $1,432/yr (NAIC), or 0.578% of home value $287
Electricity16.18¢/kWh — South Carolina residential average, EIA $145
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $496
Total monthly $4,257

Meggett against Charleston County and South Carolina

MeasureMeggettCharleston County
Median home value$594,800$450,800
Median property tax$2,421$1,864
Effective tax rate0.407%0.413%
Median gross rent$1,506
Population1,274414,711

The weather behind that power bill

Meggett sits in Charleston County, which averages a high of 87.5°F in its hottest month and a low of 43.6°F in its coldest, with 44.26" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 2,448 cooling and 1,623 heating degree days, which is what sets the $145 electricity line above.

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

Other cities in Charleston County

Full Charleston County cost breakdown · Every county in South Carolina

Common questions

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

A $595,000 home in Meggett, South Carolina costs approximately $4,257 per month with 20% down at 6.66%. That is $3,059 principal and interest, $202 property tax, $287 homeowners insurance, $213 utilities and $496 set aside for maintenance.

What is the property tax rate in Meggett?

Meggett has an effective property tax rate of 0.407%, based on a median home value of $594,800 and median real estate taxes of $2,421. That is in line with the Charleston County average of 0.413%.

What is the average home price in Meggett?

The median owner-occupied home value in Meggett, South Carolina is $594,800, against $450,800 across Charleston County.

Is it cheaper to rent or buy in Meggett?

Rent data is not published for Meggett at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Meggett — 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