With an extended summer season and access to endless coastal waters and beaches, historic sites and an award-winning dining scene, it’s no surprise that the Holy City is a fast-growing and popular metropolitan area. In the greater Charleston area, an average of 26 new residents move to the area every day! Moving across state lines is an exciting adventure, but it comes with a number of adjustments, including adapting to the local culture, a higher cost of living compared to your previous location, and learning the ins and outs of your new home. . If you’re considering moving here, it’s important to understand what contributes to the cost of living in Charleston SC.
Best city in South Carolina overall
The first reason Charleston is so expensive in 2022 is that there are so many things to do do there that practically all ages have . It truly is a world-class city with a strong community with unlimited amenities that attracts young professionals, families and retirees.
There is a lively nightlife and entertainment scene to complement Charleston’s great restaurants.
: Moncks Corner
Median home price: $347,000 Driving distance from Charleston: 40 minutes Homes for sale in Moncks Corner, SC Apartments for rent in Moncks Corner, SC
Residential In Charleston, you probably know Moncks Corner, the sixth suburb on our list. This affordable suburb is home to about 14,000 residents, so it will have a fraction of Charleston’s population while remaining close to the city and its attractions. Once you’ve moved to Moncks Corner, be sure to add Old Santee Canal Park, the Berkeley County Museum, and Cypress Gardens to your must-see list.
The Perks of Living in South Carolina
Let’s take a look at some of the top reasons the perks of moving to South Carolina.
- You’ll love the friendly and welcoming Southern hospitality.
- Gas taxes are low which means transportation costs are the lowest in the US
- There are many outdoor activities such as hiking, beach fun, boating and fishing.
- History comes alive for you when you live in South Carolina. Almost every street has a story to tell, especially in Beaufort, South Carolina’s second oldest city.
- Property taxes are among the lowest in the country.
- South Carolina has a state income tax with excellent tax deductions for resident retirees. The highest income tax rate in South Carolina is 7%. Retirees under the age of 65 can deduct up to $3,000 in retirement income from their state income tax bills.
- South Carolina has one of the lowest crime rates in the country, making it a great place to raise a family.
- South Carolina’s major cities have many job opportunities and low unemployment rates.
- South Carolina is one of the most beautiful states in the country. From the Blue Ridge Mountains to the Atlantic Seaboard, the scenery is breathtaking.
- Wherever you go in South Carolina, the atmosphere is warm and relaxed.
- The weather in South Carolina is generally better than most places in the United States. It is warmer in the south and along the coast and slightly cooler in the north of the state.
- If you love the great outdoors, South Carolina has mountains, lakes and beaches to explore.
- A seafood feast is a way of life in South Carolina. Boiled shrimp, Frogmore stew and soft-shelled crab could become your new favorite foods.
Other Financial Benefits of Moving to the Charleston Area
Charleston’s cost of living is close to average, which means you can avoid moving here can inflation other big cities. Moving to the Holy City has other financial benefits as well.
Did you know? Boeing and Volvo recently invested in assembly manufacturers right here in Charleston. Booming industry has brought jobs, profits and stability to the Lowcountry. Becoming a Charleston resident means you benefit when American companies decide to move south.