Housing costs in Charleston?
A typical home costs
$1,188,200, which is 251.4% more expensive than the national average of
$338,100 and 357.2% more expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Charleston costs
$2,020 per month, which is 82.0% more than the national average of
$1,110 and 24.3% more than the state average of
$1,530.
Can I afford Charleston?
To live comfortably in Charleston (zip 29401), South Carolina, a minimum annual income of
$227,520 for a family, and
$71,600 for a single person is recommended.
What does A.I. say about Charleston?
The cost of living in 29401 Charleston, SC is quite reasonable. The median home value is $291,900, and the monthly median rent is $1,284. The cost of living index for Charleston is 96.8, which is slightly lower than the national average of 100. This makes it an affordable place to live. Groceries are also relatively inexpensive with a grocery index of 97.2 compared to the national average of 100. Transportation costs are also very low due to low gas prices and access to public transit. All in all, Charleston is a great place to live at a reasonable cost.