Cost of Living in Mount pleasant, SC
Housing
The housing market plays a significant role in determining the cost of living in Mount pleasant, SC.
- Housing Index: 120.0 / 100
- Median Home Price is: $511,000
- Average Rent (2 BR Apartment): $2100 per month
- Average Rent (2 BR House): $2160 per month
Based on the analysis of Mount pleasant, SC, the housing market appears to be relatively high with a housing index of 120.0. The median home price stands at 511000, indicating a challenging market for potential homebuyers. Additionally, average rents for a 2-bedroom apartment are around 2100 while rents for a 2-bedroom house are slightly higher at 2160. It's important to weigh your options carefully, as affordability varies greatly depending on your budget and lifestyle needs. Consider long-term investment potential against immediate living expenses to make a well-informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mount pleasant, 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.): $250 per month
Living in Mount pleasant, 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 $250 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 Mount pleasant is a financially viable option for your relocation.