The cost of living index in Hanahan, SC, is slightly lower than the nationwide average of 100. Specifically, the housing index stands at 95, groceries at 92, utilities at 97, transportation at 88, healthcare at 90, and miscellaneous expenses at 85. This data suggests that residents in Hanahan can expect to spend less on these key areas compared to the average American.
The cost of living in Hanahan, South Carolina, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Hanahan stand at 95, indicating that residents spend 5% less on housing compared to the national average. This slight reduction can be a significant advantage for those looking to settle in Hanahan, as it may free up some budget for other essential expenses.
In addition to housing, the cost of groceries in Hanahan is 92, which is 8% below the national average. This lower cost can help individuals and families manage their food budgets more effectively. Utilities, another critical expense, are priced at 97 in Hanahan, which is 3% above the national average. While this is slightly higher, the overall cost of living remains competitive. Transportation costs in Hanahan are 88, meaning residents save 12% compared to the national average. Healthcare costs are 90, which is 10% below the national average, offering potential savings for those with healthcare needs. Miscellaneous costs are 85, representing a 15% savings. Overall, Hanahan provides a cost-effective living environment with several expenses below the national average.
