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Retiring in Florence SC

Why Florence, SC Is Ranked Among the Top Places to Retire in South Carolina

Affordable living, world-class medical care, mild climate, and a community that genuinely welcomes retirees — here is everything you need to know before making the move.

Top 5

SC Best Cities to Retire

15%

Below National Cost of Living

Top

McLeod Health Regional Center

Mild

SC Climate Year Round

Why Florence

What Makes Florence Perfect for Retirement

Six reasons retirees consistently choose Florence over larger, more expensive cities.

1

Genuinely Affordable

Housing, groceries, utilities, and healthcare all cost significantly less than national averages — without sacrificing quality.

2

World-Class Medical Care

McLeod Regional Medical Center is one of the Southeast's premier healthcare systems. Excellent specialist access without driving to a major city.

3

Mild Four-Season Climate

South Carolina gives you all four seasons without the extremes. Mild winters, warm springs, and a community that stays active year-round.

4

A Community That Shows Up

Florence has a deep culture of neighborliness. Retirees consistently report feeling welcomed and connected faster than in larger cities.

5

No State Tax on Social Security

South Carolina does not tax Social Security income — a significant financial advantage for retirees on fixed income.

6

Close to Everything

Two hours to Charlotte. Ninety minutes to Myrtle Beach. Three hours to the mountains. Florence puts the whole Southeast within reach.

Healthcare

Medical Care in Florence, SC

For retirees, healthcare access is everything. Florence delivers.

Regional Medical Center

McLeod Regional Medical Center

Full-Service Hospital

One of the Southeast's leading medical centers with over 500 physicians, comprehensive cancer center, and award-winning cardiac care.

Learn More →
Specialty Care

Carolina Health Specialists

Multi-Specialty Group

Over 40 specialists including cardiology, orthopedics, gastroenterology, and internal medicine under one roof.

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Senior Care

Florence Nursing & Rehabilitation

Skilled Nursing Facility

Quality skilled nursing, rehabilitation services, and long-term care with a focus on dignity and quality of life.

Learn More →
Retirement Budget

What Retirement Actually Costs in Florence

Real numbers for retirees — housing, healthcare, groceries, and day-to-day life.

Housing

$800 – $1,400

Monthly (rent or mortgage)

Healthcare & Insurance

$350 – $550

Medicare + supplemental

Groceries

$250 – $400

Per person monthly

Utilities

$120 – $175

Electric, gas, water, internet

Transportation

$75 – $150

Gas and maintenance

Entertainment & Dining

$100 – $200

Dining out and activities

Prescription Costs

$50 – $150

Varies by coverage

Property Tax

$75 – $200

Monthly equivalent

Estimated Monthly Retirement Budget

$1,800 – $2,800

Depending on lifestyle and housing situation

Retiree Community

Florence Has a Thriving Retiree Community

Organizations, clubs, programs, and gatherings specifically for Florence area retirees.

Senior Centers & Programs

The Florence Senior Center offers daily activities, fitness classes, social events, and nutritious meal programs for adults 60+.

Learn More →

Volunteer Opportunities

From mentoring to hospital volunteering to community gardens — retirees find purpose through giving back in Florence.

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Lifelong Learning at FMU

Francis Marion University offers Osher Lifelong Learning Institute courses designed specifically for adults 50+.

Learn More →
From Florence Retirees

What Retirees Say About Florence

"

We moved here from Charlotte three years ago and wondered if we'd miss the big city. We don't. Everything we need is here, and we can afford to actually enjoy retirement instead of just surviving it.

— Martha & Jim T.

Retired 3 years · Forest Lake

"

The medical care here is exceptional. McLeod has everything my husband needs, and his cardiologist is actually from Johns Hopkins. We never feel like we're compromising on health care.

— Patricia R.

Retired 7 years · West Florence

"

I came for a visit and ended up buying a house. The community here is unlike anywhere I've lived. People actually stop and talk to each other. It's the South as it's supposed to be.

— Robert D.

Retired 2 years · Downtown

Florence, SC for Retirees — Everything You Need to Know

By HelloFlorenceSC.com · Last reviewed: April 2026 · Florence, SC & the Pee Dee region

Most people searching for a retirement destination think of Florida, Charleston, or the mountains. They scroll past the Pee Dee region of South Carolina without a second thought. That may be the best retirement secret in the entire Southeast.

Florence, SC has been ranked among the top cities to retire in South Carolina — consistently placing ahead of coastal towns, mountain communities, and larger cities across the state. Florence offers a significant senior population, competitive housing costs, and a healthcare infrastructure that many cities twice its size cannot match.

If you are thinking about retiring in Florence, SC, here is everything you need to know.

💎 Why Florence? The Case for the Pee Dee

Retirement decisions come down to a handful of things that matter most: how far your money goes, how good your healthcare is, how safe and welcoming the community feels, and whether there is enough to actually do. Florence checks every one of those boxes — and does it at a price point that coastal South Carolina can no longer offer.

Florence sits at the crossroads of I-95 and I-20, which means you are never far from anywhere. The beach is roughly an hour away. Charlotte is two hours. The mountains are three. You get the Southern lifestyle, the mild winters, the community warmth — and you keep your savings intact in a way that Hilton Head or Charleston simply does not allow.

Learn more about living in Florence →

📊 The Numbers: Cost of Living in Florence, SC

Florence's overall cost of living sits approximately 20% below the national average. For retirees on a fixed income, that gap is significant.

Housing is where the advantage is most pronounced. The median home price in Florence is approximately $186,000–$216,000 — significantly below what comparable homes cost in Charleston, Myrtle Beach, or coastal North Carolina. Rent for a one-bedroom apartment averages around $920 per month. For retirees who want to own, that median price means your retirement savings go dramatically further here than almost anywhere else in the South.

Groceries run roughly 23% below the national average. Healthcare and transportation costs are approximately 20% below the national average. Utilities are moderate. These are not small differences — over a retirement that spans 20 or 30 years, the compounding savings are substantial.

See the full cost of living breakdown for Florence →

🏛️ South Carolina's Retirement Tax Advantages

South Carolina is one of the most tax-friendly states in the country for retirees. For anyone living on Social Security, a pension, or retirement account withdrawals, the tax picture here is genuinely favorable.

Here is what South Carolina offers retirees as of 2026:

  • Social Security — fully exempt. South Carolina does not tax Social Security benefits at the state level, regardless of your income. Your entire Social Security check arrives without state income tax taken out.
  • Retirement income deduction — up to $10,000. If you are 65 or older, you can deduct up to $10,000 of qualified retirement income — including 401(k) withdrawals, IRA distributions, pensions, and annuities — from your South Carolina taxable income each year. Under 65, the deduction is $3,000.
  • Military retirement — fully exempt. All military retirement pay is completely exempt from South Carolina income tax, regardless of age. This is a significant benefit for the large veteran population in the Pee Dee region.
  • Property taxes — among the lowest in the nation. South Carolina's effective property tax rate is approximately 0.5–0.6% on assessed value — well below the national average. Homeowners with the homestead exemption for seniors 65+ can significantly reduce their property tax burden.
  • Homestead Exemption — $50,000 off your home's value. South Carolina residents who are 65 or older and have lived in the state for at least one year qualify for the Homestead Exemption, which removes the first $50,000 of your home's fair market value from property tax calculation entirely. Apply through your county auditor's office.
  • No estate or inheritance tax. South Carolina does not impose a state estate tax or inheritance tax, which matters significantly for retirement and estate planning.

One caveat worth noting: South Carolina does have a state sales tax averaging around 7.67% when local taxes are included. However, prescription drugs and groceries are fully exempt from sales tax — two of the largest expense categories for retirees.

Always consult a qualified financial advisor or tax professional for advice specific to your situation.

🏥 Healthcare in Florence, SC

For retirees, healthcare access is often the deciding factor. Florence punches well above its weight here.

The city is home to two major hospital systems — McLeod Regional Medical Center and MUSC Health Florence Medical Center — serving the entire Pee Dee region. McLeod Health, founded in 1906, has grown into one of the Southeast's leading regional healthcare systems with seven hospitals, cancer centers, cardiac care, orthopedics, and a full spectrum of specialist services. MUSC Health brings the resources of South Carolina's only comprehensive academic health system to Florence's doorstep.

HopeHealth, a federally qualified health center at 360 N Irby St, provides accessible primary care and behavioral health services for residents across income levels. Mercy Medicine at 500 S Coit St offers free medical care and prescription assistance for those who need it.

For retirees considering assisted living or senior communities, Florence has several well-regarded options. The Manor at 2100 Twin Church Road is a continuing care retirement community set on scenic grounds near the Pee Dee River. The Addison of Florence, recognized by U.S. News as a Best Senior Living community in 2025, offers assisted living and memory care. The Florence Presbyterian Community and Bethea Retirement Community — conveniently located near McLeod Regional Medical Center — round out the senior living options in the area.

The average cost of assisted living in Florence is approximately $4,538 per month — notably below both the South Carolina median and the national median — which is consistent with the broader cost of living advantage the city holds.

See local healthcare resources →

🌅 What Retirement Life Actually Looks Like in Florence

Numbers matter. But retirement is ultimately about how you spend your days.

Florence has 18.6% of its population aged 65 and older — the highest senior percentage of any major city on South Carolina's best retirement cities list. That means a community that understands retirees, with services, social opportunities, and a pace of life that works for this chapter.

Downtown Florence has undergone a remarkable revival over the past decade — $300 million in investment, 91 new businesses, and a walkable historic district named a 2023 Great American Main Street Award winner. It is a place retirees can genuinely enjoy: independent restaurants, live music at Florence After Five, the City Center Farmers Market every Saturday, and the Florence County Museum with one of the most significant art collections in South Carolina — all free to visit.

Read the story of downtown Florence's revival →

For those who love the outdoors, Florence offers Lynches River County Park's canopy walkway and kayak launch, the Florence Rail Trail, Jeffries Creek Park, and access to the SC Revolutionary Rivers National Water Trail. The beach is an hour away. Golf courses are plentiful throughout the region.

See all the best things to do in Florence →

The arts scene includes the Florence Symphony Orchestra, the FMU Performing Arts Center, and the Florence Little Theatre — a beloved community theater institution serving Florence for decades. The Florence County Library System offers free programs, resources, and community events for all ages and backgrounds.

Discover Florence →

For retirees of faith, Florence has a deep and active faith community, with churches of virtually every denomination throughout the city and surrounding area.

⚖️ What to Consider Before You Decide

Florence is a genuinely strong retirement destination, and this guide reflects that honestly. There are a few things worth knowing as you evaluate your decision.

  • Florence is primarily a driving city. While downtown is walkable, the broader city requires a car to navigate comfortably. Retirees who prefer to walk or use transit for daily errands should factor this in.
  • Summers in Florence are hot and humid. July and August can be intense. If you struggle with heat, plan your visit in spring or fall to get an accurate sense of the climate.
  • Florence has a higher poverty rate than some peer cities — approximately 18.9% — which reflects broader challenges in the Pee Dee region. The community organizations, churches, and local nonprofits that address these challenges are part of what makes Florence a community worth being part of.
See local resources for the Florence community →

Is Florence, SC Right for Your Retirement?

If you are looking for a retirement destination where your dollar stretches further, your healthcare is close and comprehensive, your tax bill shrinks significantly, and your community feels like a real place with real neighbors — Florence, SC deserves a serious look.

It is not the most famous retirement destination in the South. That is precisely why it still offers what the famous ones no longer can: space, affordability, authenticity, and a community that has not been priced out of itself.

Florence is the Pee Dee's best kept retirement secret. And the people who have found it tend to stay.

Start planning your move to Florence →

Explore More of Florence

Whether you are still researching or already making plans, these pages will help you go deeper:

Ready to Make Florence Your Retirement Home?

Our complete relocation guide has everything you need to make the move with confidence.