The cost of living index in Folly Beach, South Carolina, shows that housing costs are 25% higher than the nationwide average. Other areas, like groceries and healthcare, also cost slightly more, but not as significantly. When compared to the national average of 100, Folly Beach's overall cost of living is higher, but not in every category.
Specifically, housing costs stand at 125, groceries at 102, utilities at 95, transportation at 98, healthcare at 108, and miscellaneous expenses at 106. These figures indicate that while some costs are above the national average, others remain fairly close or slightly below, offering a mixed picture of living expenses in Folly Beach.
Folly Beach, South Carolina, presents a unique cost of living profile compared to the national average. The housing index in Folly Beach stands at 125, indicating that housing costs here are 25% higher than the national average. This increase may be particularly significant for individuals and families considering relocation, as housing often represents a substantial portion of overall expenses.
Other categories also show variations from the national index, which is set at 100. For example, grocery prices in Folly Beach are slightly above the national average, with an index of 102, meaning they are 2% higher. Utilities are a bit lower, at 95, showing a 5% decrease. Transportation costs mirror the national average with an index of 98, reflecting almost no change. Healthcare costs are 8% higher, with an index of 108, while miscellaneous expenses are 6% higher at 106. These figures offer valuable insights for professionals and families weighing their options in this coastal community.
