Sullivans Island, SC, has a higher cost of living compared to the nationwide average. The housing index stands at 220, which is 120% of the national average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous all range from 98% to 120% of the average, indicating a generally elevated cost of living in the area.
Sullivans Island, SC, presents a unique cost of living scenario when compared to the nationwide average. The housing index on the island stands at 220, which is 120% of the national average. This significant increase indicates that housing costs are notably higher than what one might find in other parts of the country. Job seekers considering Sullivans Island should be prepared for higher expenses related to finding a place to live.
Other expenses also reflect higher costs on the island. Groceries, for example, have an index of 115, which is 15% above the national average. Utilities follow closely with an index of 110, representing a 10% increase. Transportation costs are slightly above average at 105, which is 5% higher. Healthcare costs are slightly lower, with an index of 98, indicating a 2% decrease from the national average. Miscellaneous costs also show a modest increase, with an index of 120, which is 20% higher than the national average. Overall, Sullivans Island offers a higher cost of living in most categories, which potential residents should consider when planning their budget.