Cost of Living in Pacolet, SC
Housing
The housing market plays a significant role in determining the cost of living in Pacolet, SC.
- Housing Index: 99.6 / 100
- Median Home Price is: $184,000
- Average Rent (2 BR Apartment): $1620 per month
- Average Rent (2 BR House): $1761 per month
Considering your potential move to Pacolet, SC, the current housing index of 99.6 suggests a favorable market for homebuyers. With a median home price of 184000, this area may offer affordable opportunities compared to national averages. However, it appears that rental options are not available yet, as both the average rent for a 2BR apartment and 2BR house are at 1620 and 1761 respectively. This could indicate a shortage in rental inventory, which might push those seeking rentals to consider home purchases instead.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pacolet, 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 Pacolet, 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 Pacolet is a financially viable option for your relocation.