Cost of Living: Charleston, SC vs Palm bay, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Charleston | Palm bay |
|---|---|---|
| Housing Index | 120.5 | 90.0 |
| Median Home Price | $407,500 | $346,000 |
| Average Rent (2 BR Apartment) | $2200 | $1600 |
| Average Rent (2 BR House) | $2240 | $1645 |
Housing Comparison: Charleston vs Palm bay
- In Charleston, the median home price is higher at $407,500, while in Palm bay it is $346,000.
- Renting a two-bedroom apartment costs more in Charleston at $2,200 than in Palm bay at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Charleston | Palm bay |
|---|---|---|
| Electricity Price | $14.18 | $13.89 |
| Natural Gas Price | $23.51 | $26.13 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Charleston vs Palm bay
- Electricity costs are higher in Charleston at $14.18 per kWh, compared to $13.89 in Palm bay.
- Palm bay experiences higher natural gas costs at $26.13 per unit, with costs at $23.51 in Charleston.
- Other utility costs are higher in Charleston at an average of $250, compared to Palm bay with $200.