Zip 29451 (Isle of Palms, SC) Cost of Living


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Isle of Palms cost of living score
112
More expensive
12.0% higher
than the US average
25.4% higher
than the South Carolina average
Isle of Palms (zip 29451), South Carolina gets a BestPlaces Cost of Living score of 112, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.0% higher than the U.S. average and 25.4% higher than the average for South Carolina.

Zip 29451 (Isle of Palms, SC)

Housing costs in Isle of Palms?
A typical home costs $1,375,600, which is 306.9% more expensive than the national average of $338,100 and 429.3% more expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Isle of Palms costs $2,320 per month, which is 109.0% more than the national average of $1,110 and 34.1% more than the state average of $1,530.

Can I afford Isle of Palms?
To live comfortably in Isle of Palms (zip 29451), South Carolina, a minimum annual income of $263,520 for a family, and $82,000 for a single person is recommended.

What does A.I. say about Isle of Palms?
The cost of living in 29451 Isle of Palms, SC is higher than the national average. The median home value in the area is estimated to be around $621,000, which is significantly higher than the US average of $184,700. The median household income in 29451 Isle of Palms, SC also exceeds the national average by about $25,000. Additionally, groceries and other basic goods can be more expensive than they are elsewhere due to increased demand created by tourism. Despite its higher prices, many people find it worth it to live here due to its stunning natural beauty and great amenities that make life enjoyable and convenient.
   Cost of living score
     CategoriesIsle of PalmsSouth CarolinaUnited States
  112.089.3100.0
  112.595.8100
  96.7102.7100.0
  340.376.6100.0
  $1,375,600$259,900$338,100
  107.2%103.9%100.0%
  102.786.8100.0
  93.976.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime