Mount Pleasant, SC Cost Of Living
Cost Of Living In Mount Pleasant, SC Summary
Cost of living in Mount Pleasant research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Mount Pleasant is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in South Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Mount Pleasant is 128, with 100 being the average.
The cost of living index in Mount Pleasant is 1.3x higher than the national average.
Mount Pleasant ranks as the #98 cheapest in South Carolina out of 99.
Mount Pleasant ranks as the #5,183 cheapest out of 6,412 in the US.
The median home value in Mount Pleasant is $499,600.
The median income in Mount Pleasant is $106,216.
Table Of Contents
Mount Pleasant's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Mount Pleasant, SC?
According to the most recent data on the cost of living, Mount Pleasant has an overall cost of living index of 128, which is 1.3x higher than the national index of 100.
Compared to South Carolina, Mount Pleasant has a cost of living index that's 1.3x higher than South Carolina's index of 96.
The standard of living in Mount Pleasant ranks as #98 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Mount Pleasant ranks as the #1 most expensive place in the Palmetto State.
For more reading on life in Mount Pleasant, check out:
- Living In Mount Pleasant
- Mount Pleasant Crime Report
- Search Homes For Sale In Mount Pleasant, SC
In South Carolina
In America
Mount Pleasant Cost Of Living Vs. South Carolina
Six factors go into calculating the cost of living index in Mount Pleasant. Here is how it fairs on each of the criteria:
The Services index in Mount Pleasant is 98.
The Groceries index in Mount Pleasant is 102.
The Health index in Mount Pleasant is 100.
The Housing index in Mount Pleasant is 192.
The Transportation index in Mount Pleasant is 95.
The Utilities index in Mount Pleasant is 122.
| Living Expense | Mount Pleasant | South Carolina | National Average | |
|---|---|---|---|---|
| Overall | 128 | 96 | 100 | |
| Services | 98 | 99 | 100 | |
| Groceries | 102 | 100 | 100 | |
| Health | 100 | 96 | 100 | |
| Housing | 192 | 89 | 100 | |
| Transportation | 95 | 90 | 100 | |
| Utilities | 122 | 107 | 100 | |
Mount Pleasant, SC Housing Cost Breakdown
Housing swings affordability the most between places in South Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Mount Pleasant is $499,600.
The Median Rent in Mount Pleasant is $1,813.
The Median Income in Mount Pleasant is $106,216.
The Home Value To Income in Mount Pleasant is 4.7x.
The Rent To Monthly Income in Mount Pleasant is 0.2x.
| Statistic | Mount Pleasant | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $499,600 | $181,800 | $244,900 |
| Median Rent | $1,813 | $970 | $1,163 |
| Median Income | $106,216 | $58,234 | $69,021 |
| Home Value To Income | 4.7x | 3.1x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Mount Pleasant, SC Costs By Category
Detailed Mount Pleasant Services Costs Vs. South Carolina
| Item | Mount Pleasant | South Carolina |
|---|---|---|
| Shampoo | $1.0 | $1.06 |
| Movie | $10.22 | $10.68 |
| Bowling | $17.27 | $14.67 |
| Haircut | $19.37 | $18.62 |
| Beauty Salon | $57.83 | $39.05 |
Detailed Mount Pleasant Groceries Costs Vs. South Carolina
| Item | Mount Pleasant | South Carolina |
|---|---|---|
| Ground Beef | $4.68 | $4.22 |
| Fried Chicken | $1.27 | $1.39 |
| Milk | $2.25 | $2.05 |
| Potatoes | $4.23 | $3.29 |
| Pizza | $8.86 | $10.62 |
| Beer | $10.27 | $9.38 |
| Toothpaste | $2.61 | $2.34 |
Detailed Mount Pleasant Health Costs Vs. South Carolina
| Item | Mount Pleasant | South Carolina |
|---|---|---|
| Optometrist | $81.87 | $108.57 |
| Doctor | $131.23 | $116.17 |
| Dentist | $102.76 | $99.13 |
Detailed Mount Pleasant Transportation Costs Vs. South Carolina
| Item | Mount Pleasant | South Carolina |
|---|---|---|
| Gasoline | $2.06 | $2.22 |
| Tire Balancing | $47.58 | $50.07 |
Detailed Mount Pleasant Utilities Costs Vs. South Carolina
| Item | Mount Pleasant | South Carolina |
|---|---|---|
| All Electricity | $228.13 | $167.67 |
| Phone | $187.31 | $175.64 |
Mount Pleasant SnackAbility
/10
Cost Of Living In Cities Around Mount Pleasant
The cost of living varies in the cities and towns around Mount Pleasant. Here's a quick look at the cost of living in the most populous nearby places:
Charleston, SC has a cost of living index of 112, 0.9x Mount Pleasant.
North Charleston, SC has a cost of living index of 97, 0.8x Mount Pleasant.
Goose Creek, SC has a cost of living index of 102, 0.8x Mount Pleasant.
| City | Population | Cost Of Living | Vs. Mount Pleasant |
|---|---|---|---|
| Charleston, SC | 147,928 | 112 | 0.9x |
| North Charleston, SC | 114,542 | 97 | 0.8x |
| Goose Creek, SC | 44,502 | 102 | 0.8x |
| Hanahan, SC | 20,381 | 103 | 0.8x |
| Ladson, SC | 14,711 | 94 | 0.7x |
| James Island, SC | 11,618 | 108 | 0.8x |
