Hanahan, SC, boasts a cost of living index that is slightly below the nationwide average of 100. Specifically, the cost of living in Hanahan stands at 94, reflecting a generally affordable lifestyle for residents. This slight decrease is particularly notable in housing and healthcare, which are 98 and 90, respectively. On the other hand, miscellaneous expenses also mirror the overall trend, with a cost of living index of 93.
The cost of living in Hanahan, SC, presents a favorable comparison to the nationwide average, which is set at 100. Specifically, Hanahan's housing costs are nearly in line with the national average, with an index of 98. This suggests that housing expenses in Hanahan are slightly below the national average. Similarly, groceries are priced at 95, indicating that residents can save around 5% compared to the national average when purchasing food items.
Additionally, utilities in Hanahan are at 97, showing a minor saving of 3% compared to the national average. Transportation costs, however, are slightly lower, with an index of 92, meaning residents can save about 8% on commuting and fuel expenses. Healthcare costs in Hanahan are at 90, presenting a savings of around 10%. Miscellaneous expenses are at 93, offering a modest 7% savings compared to the nationwide average. Overall, Hanahan provides a cost-effective living environment for many of these essential expenses.