Cost of Living in Ravenel, SC
Housing
The housing market plays a significant role in determining the cost of living in Ravenel, SC.
- Housing Index: Data is updating
- Median Home Price is: $269,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
With a housing index of 0.0, median home prices in Ravenel, SC stand at 269000, which suggests an affordable entry point for potential homeowners. However, the average rent for 2-bedroom apartments and houses is currently at 0.0 and 0.0, indicating a possible lack of rental options in the area. Prospective residents should consider the local amenities and overall economy, as these factors can significantly influence living quality and property value over time.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ravenel, SC.
- Electricity Price: $14.18 USD (median by state)
- Natural Gas Price: $23.51 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Ravenel, SC could entail higher utility costs. Electricity costs sit at $14.18, while natural gas is priced at $23.51 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Ravenel is a financially viable option for your relocation.