Cost of Living in Pawleys island, SC
Housing
The housing market plays a significant role in determining the cost of living in Pawleys island, SC.
- Housing Index: 120.0 / 100
- Median Home Price is: $543,000
- Average Rent (2 BR Apartment): $1656 per month
- Average Rent (2 BR House): $1800 per month
Considering the housing market in Pawleys island, SC, the housing index of 120.0 suggests a somewhat elevated cost of living, indicating that living expenses may be higher than the national average. The median home price of 543000 coupled with the average rent for a 2-bedroom apartment at 1656 and a house at 1800 reflects a challenging rental landscape. Potential movers might want to weigh their housing budget carefully, especially since affordable options may be limited. Additionally, researching local employment opportunities and amenities is essential for long-term satisfaction.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pawleys island, 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.): $250 per month
Living in Pawleys island, 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 $250 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 Pawleys island is a financially viable option for your relocation.