You Can Live Well in South Carolina on Just Your Social Security, If You’ve Paid Off Your Mortgage

For retirees in South Carolina, Social Security benefits can go further than in most of the country—provided the mortgage is already paid off.

According to a Realtor.com® analysis of median Social Security benefits by state and the Elder Economic Security Standard Index, the Palmetto State is among the 10 places nationwide where benefits alone are enough to cover essential living costs.

But what happens if for some reason the benefit is cut off?

Housing costs keep budgets balanced in South Carolina

Seniors in South Carolina enjoy an annual surplus of $828, or about $69 per month, after meeting all their basic expenses…

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