Isle of Palms, SC, has a higher cost of living compared to the nationwide average. The overall cost of living index in Isle of Palms is 108, which is 8% higher than the national average of 100. Housing costs are notably the highest, with a 30% increase over the national average. This data suggests that job seekers should consider these higher expenses when planning their budget in Isle of Palms.
The Isle of Palms, SC, has a higher cost of living compared to the nationwide average. Housing costs in the Isle of Palms are 30% higher than the national average, with an index of 130. This means that housing expenses for residents are significantly greater than what people might expect to pay on average across the country.
Other expenses also reflect this trend. For instance, groceries cost 5% more, with an index of 105. Utilities are 10% higher, at 110, while miscellaneous costs are 20% above the national average, with an index of 120. Transportation costs, however, are slightly lower, at 95, which is 5% below the national average. Healthcare costs remain on par with the national average, with an index of 100. Overall, job seekers considering Isle of Palms should be aware of these higher costs, especially in housing and groceries.