The debate about cost of living increases in Charleston has come under tremendous scrutiny and pressure the last few years. Many speculate that this region is taking advantage of the recent notoriety and utilizing opportunism to raise prices across the board on housing, leisure and taxation. We wanted to see if there was validity to the concerns.
We reviewed cost of living in Charleston and weighed it against some of the large and mid-sized U.S. cities to see how we compare. The results may surprise you.
To provide some reference, Numbeo has provided the cities with the highest cost of living globally. The top cities in the United States are:
- New York City, NY
- San Francisco, CA
- Anchorage, AK
- Honolulu, HI
- Brooklyn, NY
- Rockville, MD
- Bloomington, IN
- Washington D.C.
- Santa Rosa, CA
- Arlington, VA
Annual Costs needed for a family of 2 adults and 2 children – 35 City Comparison
- Memphis, TN – $52,971
- Hilton Head, SC – $54,913
- Oklahoma City, OK – $55,496
- Myrtle Beach, SC – $58,649
- Charleston – $60,067
- Houston, TX – $60,608
- Louisville, KY – $60,764
- Cleveland, OH – $60,900
- Dallas, TX – $61,150
- Salt Lake City, UT – $62,003
- Birmingham, AL – $63,041
- Savannah, GA – $63,335
- Orlando, FL – $63,516
- Atlanta, GA – $63,888
- Santa Fe, NM – $63,909
- Austin, TX – $64,657
- Pittsburgh, PA – $64,691
- Charlotte, NC – $65,492
- Jacksonville, FL – $66,321
- Raleigh, NC – $66,470
- Portland, OR – $67,802
- Richmond, VA – $68,845
- Minneapolis, MN – $69,636
- Denver, CO – $71,104
- Chicago, IL – $71.995
- Seattle, WA – $72,274
- Virginia Beach, VA / Norfolk, VA – $73,994
- San Diego, CA – $74,425
- Madison, WI – $75,252
- Boulder, CO – $76,017
- Philadelphia, PA – $76,393
- Hartford, CT – $81,623
- Boston, MA – $85,793
- New York City, NY – $98,722
- Washington, D.C. – $106,493
35 city average: $70,813
Charleston, South Carolina – $60,067 (85% against the average) and the fifth (5th) lowest on the list of 35 reviewed cities.
*Data provided by EPI.org


















