Housing costs in Ridgeland?
A typical home costs
$348,600, which is 3.1% more expensive than the national average of
$338,100 and 34.1% more expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Ridgeland costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 5.7% cheaper than the state average of
$1,110.
Can I afford Ridgeland?
To live comfortably in Ridgeland, South Carolina, a minimum annual income of
$66,960 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Ridgeland?
The cost of living in Ridgeland, SC is relatively low when compared to other regions in the US. The median home value for Ridgeland is estimated at around $142,621, which is more than 10% lower than the national average. In addition, the mean rent price for a two-bedroom apartment in the area is around $631 per month. Food costs are also quite affordable, with groceries costing approximately 8% less than they do nationally. Other expenses such as utilities and transportation are also slightly below average when compared to other regions in the country. All in all, Ridgeland offers an extremely reasonable cost of living that allows its residents to enjoy a comfortable lifestyle without breaking the bank.