The cost of living in Folly Beach, SC, exceeds the nationwide average in several key areas. Housing costs are 20% higher, while groceries and miscellaneous expenses are 5% and 10% higher, respectively. Utilities and transportation costs are slightly below the national average, each at 5% lower. Healthcare costs align with the national average.
The cost of living in Folly Beach, SC, shows some notable differences compared to the nationwide average. Housing costs in Folly Beach are 20% higher than the national average. This means that housing expenses, such as rent or mortgage payments, are significantly more expensive here. For groceries, the cost is 5% higher than the average, indicating that everyday food purchases will be slightly more costly.
Utilities and transportation in Folly Beach are both at 5% below the national average, offering a bit of relief for residents. Utilities include costs for electricity, gas, water, and trash services, while transportation covers expenses like fuel, public transit, and vehicle maintenance. Healthcare costs remain at par with the national average, suggesting that medical expenses are comparable to those found elsewhere in the country. Miscellaneous costs, which cover items like clothing, entertainment, and personal care, are 10% higher than the national average. Overall, while some areas show savings, others reflect higher costs, making it important for job seekers to consider these factors when planning their move to Folly Beach.