Cost of Living in Kingstree, SC
Housing
The housing market plays a significant role in determining the cost of living in Kingstree, SC.
- Housing Index: 99.6 / 100
- Median Home Price is: $116,000
- Average Rent (2 BR Apartment): $1620 per month
- Average Rent (2 BR House): $1761 per month
When considering a move to Kingstree, SC, the housing market shows a promising outlook with a housing index of 99.6. The median home price of 116000 is relatively affordable compared to national averages, which can aid in building equity over time. Additionally, the average rent for a 2-bedroom apartment is 1620, while renting a 2-bedroom house averages 1761. With this information, potential residents can weigh their options between buying and renting, making it essential to determine personal financial situations and long-term goals before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Kingstree, 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.): $224 per month
Living in Kingstree, 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 $224 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 Kingstree is a financially viable option for your relocation.