CostByCity

Cost of Living in Charleston, SC

2024 data from the Bureau of Economic Analysis

Cost Index
101.0
1.0% above avg
Housing Index
119.8
Median Income
$77,460
Median Rent
$1,402/mo

Cost Breakdown

Overall101.0 (+1.0%)
Housing119.8 (+19.8%)
Goods96.3 (-3.7%)
Utilities88.2 (-11.8%)
Other Services98.3 (-1.7%)

National average = 100

Income & Housing

Median Household Income
$77,460/year
Median Home Value
$317,300
Median Monthly Rent
$1,402/mo
Per Capita Income
$44,457/year

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Frequently Asked Questions

Is Charleston, SC expensive to live in?
Charleston, SC has a cost of living index of 101.0, which is 1.0% above the national average.
How much does housing cost in Charleston, SC?
Housing costs in Charleston, SC are indexed at 119.8 compared to the national average of 100. The median monthly rent is $1,402.
What is the average income in Charleston, SC?
The median household income in Charleston, SC is $77,460 per year.
What is the average home price in Charleston, SC?
The median home value in Charleston, SC is $317,300.