Cost of Living in Charleston, SC

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

150.6

100 = national avg

+50.6 vs national average

Living Wage (1 Adult)

$66,271

per year

Living Wage (Family of 4)

$156,641

per year

Cost Index by Category

Housing
191.5
Food
118.8
Transportation
137.6
Healthcare
115.1
Utilities
129.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,630

per month

2 Bedroom

$1,787

per month

The overall cost of living index in Charleston is 150.6, which is 50.6% above the national average. Housing costs are above the national average at an index of 191.5. A single adult needs to earn approximately $66,271 per year to cover basic expenses.