The cost of living index in Hanahan, SC, shows that housing costs are 10% higher than the nationwide average. This increase is due to the housing index being at 110 compared to the baseline of 100. Groceries also see a modest rise, with an index of 105, indicating a 5% increase. Utilities, however, are slightly below average at 95, which means they cost 5% less. Transportation costs align with the national average at 100, while healthcare costs are just 2% below average at 98. Miscellaneous expenses are slightly above average at 102, showing a 2% increase.
The cost of living in Hanahan, SC, compared to the nationwide average, shows some variations across different categories. For housing, the index stands at 110, which is 10% higher than the national average. This means that housing costs in Hanahan are significantly above the average, making it an important factor for job seekers to consider. Groceries in Hanahan have an index of 105, which is 5% higher than the national average. This indicates that while groceries are slightly more expensive, the difference is not as pronounced as in housing.
Utilities in Hanahan, with an index of 95, are 5% below the national average. This presents a potential saving for residents, as they can expect to spend less on utilities compared to the nationwide average. Transportation costs in Hanahan match the national average at 100, offering no significant advantage or disadvantage in this category. Healthcare costs in Hanahan, with an index of 98, are 2% below the average, providing a slight benefit to residents. Miscellaneous costs, with an index of 102, are 2% higher than the national average, indicating a minor increase in this category. Overall, while housing costs are notably higher, other areas like utilities and healthcare offer some savings, making Hanahan a mixed-cost location to consider.
