Is Charleston an Expensive Place to Live?

Charleston, South Carolina is known for its southern charm, beautiful beaches and cultural attractions. The city has recently been experiencing significant growth in population, with many people coming in to take up residence and take advantage of the quality of life it has to offer. With such an influx of people, it’s understandable to wonder whether or not Charleston is an expensive place to live.

Cost of Living

When considering the overall cost of living, Charleston is on the more expensive side, but it still falls within the national median. Based on data from the Bureau of Economic Analysis for 2020, the cost of living in the area is 11.8 percent higher than the national average. This means that people living in Charleston will typically pay more for things such as housing, food, utilities, health care and transportation.

Housing Costs

For rental housing, the cost of living in Charleston is higher than most cities. The median list price for a rental property in 2021 is $1,429 per month, which is 5.6 percent higher than the national average. These costs vary by neighborhood, with some areas being more expensive than others. When it comes to homeownership, the median home value in Charleston is approximately $257,080, which is 6.7 percent higher than the national average. As with rentals, the cost of purchasing a home also varies by neighborhood.

Transportation Costs

In terms of public transportation costs, cars remain the main type of transportation for most people due to their convenience and reliability. The good news is that according to the Index of Economic Freedom for 2021, transportation costs are slightly lower in Charleston than the national average. The average price of gasoline in Charleston is typically around $2.19 per gallon and the cost of public transportation is only $1.75 per trip.

Cost Comparison

When compared to other cities in the region, Charleston may not seem expensive initially. However, the cost of housing and other amenities can quickly add up and make it a more difficult place to live if one is not prepared financially. The cities of Columbia and Florence are both slightly less expensive than Charleston on average, with Columbia having an overall 10.4 percent lower cost of living compared to the United States average, and Florence having a 9.4 percent lower cost of living compared to the national average.

For those who are looking for a city that offers excellent quality of life without breaking their wallets, Charleston may not be the best option. While the city has a lot to offer in terms of history, culture, parks and other attractions, those looking for an affordable place to live should definitely explore their other options before moving forward with any decisions.

Insider’s Guide to Charleston, South Carolina: A Historical, Cultural and Culinary Journey

Known as the Holy City, Charleston is a vibrant coastal city in South Carolina known for its rich history, impressive architecture, cultural diversity and culinary delights. Visitors to this city can expect to be awed and fascinated at every turn, from the numerous museums to the imposing churches and lush parks. In this insider’s guide, we’ll highlight some of the top attractions, dining spots, cultural experiences, local history, and off-the-beaten-path suggestions for tourists visiting Charleston.

Top Attractions: Exploring History and Beauty

Charleston is a city steeped in history and cultural significance. Visiting the city means taking a step back into time, and the best places to do that are through the various historical landmarks and museums that are scattered throughout the city. The Charleston City Market is a must-visit where visitors can find everything from handcrafted jewelry to local produce. Fort Sumter National Monument is the site where the Civil War Conflict officially began. Tourists can take an enjoyable boat ride from downtown Charleston and witness this historical place. For those looking for an authentic look at the Old South, Boone Hall Plantation & Gardens is a must-see. This historic site is more than 300 years old and has been featured in many movies and TV shows.

Dining Spots: Savoring Local Delicacies

Charleston is famous for its seafood and low-country cuisine. Visitors can sample some of the city’s finest eats at any number of restaurants- this city has it all, from fine dining to casual eateries. Some of the popular restaurants to try include Husk, FIG, The Ordinary, and Hyman’s Seafood. Visitors looking for a unique experience should try Rodney Scott Barbecue for some mouth-watering South Carolina-style barbecue.

Cultural Experiences: Arts and Festivals

Charleston is not just a city of history and beauty but also of culture. Music, theater performances, art exhibitions, and festivals are all a part of the city’s vibrant cultural scene. Visitors should check out the Spoleto Festival, which is Charleston’s premier performing arts festival featuring theater, dance, and music performances from around the world. The Gibbes Museum of Art and The Charleston Museum are also worth visiting.

Local history: Walking Tours

Charleston offers a rich and varied history waiting to be explored, and the best way to learn about it is through the various walking tours offered throughout the city. With such a rich history, it’s no surprise that some of these tours are both fascinating and informative. The Charleston Footprints Walking Tour is one of the most popular options available. Other top-rated tours include Charleston Strolls Walking Tours and the Charleston History Tour.

Off-the-beaten-path suggestions: Hidden Gems and Unusual Ideas

For a unique and interesting experience in Charleston, visitors should venture off the beaten path to find lesser-known gems. Two unique options are the Magnolia Cemetery, one of the oldest remaining cemeteries in the United States or the Angel Oak Tree, a majestic tree that is more than 400 years old. For those looking for outdoor recreation and stunning natural views, head north to the Francis Marion National Forest.

Conclusion

Charleston is not only a stunning city, but it’s also an educational and cultural hub that deserves to be explored. With endless opportunities for history buffs, nature enthusiasts, foodies, and those interested in other cultural corners, Charleston is a city with something for everyone. Enjoy exploring its history, beauty, and culinary delights.