Cost of Living in Folly Beach, SC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
189.2
100 = national avg
+89.2 vs national average
Living Wage (1 Adult)
$83,243
per year
Living Wage (Family of 4)
$196,757
per year
Cost Index by Category
Housing297.5
Food124.8
Transportation110.1
Healthcare119.8
Utilities154.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,630
per month
2 Bedroom
$1,787
per month
The overall cost of living index in Folly Beach is 189.2, which is 89.2% above the national average. Housing costs are above the national average at an index of 297.5. A single adult needs to earn approximately $83,243 per year to cover basic expenses.