Cost of Living in Charleston, South Carolina (2026)

COL Index
97
100 = US avg
1BR Rent
$1,900
per month
Median HHI
$68K
per year
State Tax
6.2%
income tax

Full cost breakdown

CategoryCharleston
🏠 HousingQ1 2026
Studio rent/mo$1,500
1BR rent/mo$1,900
2BR rent/mo$2,500
Median home price$430K
🛒 Food & GroceriesQ1 2026
Groceries index (100 = US avg)99
Budget meal (1 person)$14
Mid-range dinner (2 people)$58
🚌 TransportationQ1 2026
Monthly transit pass/mo$55
Gas price/gal$3.20
Car insurance/moCompare rates →$152
UtilitiesQ1 2026
Utilities bundle (elec + gas + water)/mo$162
Internet/mo$63
💰 Income & TaxesQ1 2026
Median household income/yr$68K
State income tax rate6.2%
Sales tax (combined)7.5%
📊 OverviewQ1 2026
Overall COL index (100 = US avg)97
Walk score / 10048

Is Charleston affordable on your salary?

How rent burden (1BR) changes across income levels. Under 30% is comfortable; above 40% is tight.

Charleston costs less than the US average. Put the difference to work.

Top high-yield savings accounts are paying 4.5%+ right now.

Compare savings accounts

Too expensive? Find cheaper alternatives.

See cities with a lower cost of living than Charleston.

Cheapest cities near Charleston

Compare Charleston with other cities

Data: Zillow Observed Rent Index, BLS, Numbeo, Tax Foundation, US Census ACS · Q1 2026 · For general guidance only