Housing costs in Charleston-North Charleston?
A typical home costs
$421,300, which is 24.6% more expensive than the national average of
$338,100 and 62.1% more expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Charleston-North Charleston costs
$1,530 per month, which is 7.0% more than the national average of
$1,430 and 27.5% more than the state average of
$1,110.
Can I afford Charleston-North Charleston?
To live comfortably in Charleston-North Charleston South Carol Metro Area, South Carolina, a minimum annual income of
$80,640 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Charleston-North Charleston?
The cost of living in the Charleston-North Charleston,SC Metro Area is significantly higher than the US average. According to a report from the US Bureau of Economic Analysis, the Charleston-North Charleston metro area has a cost of living index score of 105.6 compared to the US average of 100. This means that goods and services tend to be more expensive in this region than other parts of the country. In addition, house median values are around $421,300 which is over $100,000 more expensive than the US average of $338,100. Therefore, people who live in this region should be prepared for higher costs than other parts of the country.