Cost of Living: Charleston, SC vs Anchorage, AK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Charleston | Anchorage |
|---|---|---|
| Housing Index | 120.5 | 120.0 |
| Median Home Price | $407,500 | $395,000 |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2240 | $1920 |
Housing Comparison: Charleston vs Anchorage
- In Charleston, the median home price is higher at $407,500, while in Anchorage it is $395,000.
- Renting a two-bedroom apartment costs more in Charleston at $2,200 than in Anchorage at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Charleston | Anchorage |
|---|---|---|
| Electricity Price | $14.18 | $25.4 |
| Natural Gas Price | $23.51 | $12.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Charleston vs Anchorage
- Anchorage has higher electricity costs at $25.4 per kWh, versus $14.18 in Charleston.
- Natural gas is more expensive in Charleston at $23.51 per unit, while it is cheaper at $12.01 in Anchorage.
- Utility expenses are equal in both Charleston and Anchorage averaging $250.