Zip 29926 (Hilton Head Island, SC) Cost of Living


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How much do I need to live in Hilton Head Island, South Carolina?
$10,110 / month
for a family, 87.2% more expensive than the national average A total of $121,320 for the year for a family.
$4,567 / month
for a single person, 4.2% less expensive than the national average A total of $54,800 for the year for a single person.

Hilton Head Island cost of living score
104.3
More expensive
4.3% higher
than the US average
16.8% higher
than the South Carolina average
Hilton Head Island (zip 29926), South Carolina gets a BestPlaces Cost of Living score of 104.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.3% higher than the U.S. average and 16.8% higher than the average for South Carolina.

Zip 29926 (Hilton Head Island, SC)

Housing costs in Hilton Head Island?
A typical home costs $632,700, which is 87.1% more expensive than the national average of $338,100 and 143.4% more expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Hilton Head Island costs $1,550 per month, which is 39.6% more than the national average of $1,110 and 9.0% more than the state average of $1,410.

Can I afford Hilton Head Island?
To live comfortably in Hilton Head Island (zip 29926), South Carolina, a minimum annual income of $121,320 for a family, and $54,800 for a single person is recommended.

What does A.I. say about Hilton Head Island?
Hilton Head Island, SC is known for its high quality of life and luxurious amenities. The cost of living in 29926 Hilton Head Island, SC is quite steep compared to other parts of the US. The median home price is $504,000, which is significantly higher than the national average of $216,200. In addition, groceries and utilities tend to be more expensive than other areas. However, this is largely due to the fact that 29926 Hilton Head Island has a much higher median household income; averaging around $79,571 per year. This means that although the cost of living can be high in 29926 Hilton Head Island, residents are able to enjoy an overall higher quality of life because their income meets or exceeds their costs.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHilton Head IslandSouth CarolinaUnited States
    Unlock89.3100.0
  106.6  Unlock100.0
    Unlock102.7100.0
  167.0  Unlock100.0
    Unlock$259,900$338,100
  101.1  Unlock100.0
    Unlock86.8100.0
  94.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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