Hanahan, SC Cost Of Living
Cost Of Living In Hanahan, SC Summary
Cost of living in Hanahan research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Hanahan is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in South Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Hanahan is 103, with 100 being the average.
The cost of living index in Hanahan is 1.0x higher than the national average.
Hanahan ranks as the #82 cheapest in South Carolina out of 99.
Hanahan ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Hanahan is $267,200.
The median income in Hanahan is $76,094.
Table Of Contents
Hanahan's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Hanahan, SC?
According to the most recent data on the cost of living, Hanahan has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to South Carolina, Hanahan has a cost of living index that's 1.1x higher than South Carolina's index of 96.
The standard of living in Hanahan ranks as #82 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Hanahan ranks as the #17 most expensive place in the Palmetto State.
For more reading on life in Hanahan, check out:
- Living In Hanahan
- Hanahan Crime Report
- Search Homes For Sale In Hanahan, SC
In South Carolina
In America
Hanahan Cost Of Living Vs. South Carolina
Six factors go into calculating the cost of living index in Hanahan. Here is how it fairs on each of the criteria:
The Services index in Hanahan is 95.
The Groceries index in Hanahan is 103.
The Health index in Hanahan is 100.
The Housing index in Hanahan is 103.
The Transportation index in Hanahan is 92.
The Utilities index in Hanahan is 120.
| Living Expense | Hanahan | South Carolina | National Average | |
|---|---|---|---|---|
| Overall | 103 | 96 | 100 | |
| Services | 95 | 99 | 100 | |
| Groceries | 103 | 100 | 100 | |
| Health | 100 | 96 | 100 | |
| Housing | 103 | 89 | 100 | |
| Transportation | 92 | 90 | 100 | |
| Utilities | 120 | 107 | 100 | |
Hanahan, SC Housing Cost Breakdown
Housing swings affordability the most between places in South Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Hanahan is $267,200.
The Median Rent in Hanahan is $1,223.
The Median Income in Hanahan is $76,094.
The Home Value To Income in Hanahan is 3.5x.
The Rent To Monthly Income in Hanahan is 0.19x.
| Statistic | Hanahan | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $267,200 | $181,800 | $244,900 |
| Median Rent | $1,223 | $970 | $1,163 |
| Median Income | $76,094 | $58,234 | $69,021 |
| Home Value To Income | 3.5x | 3.1x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Hanahan, SC Costs By Category
Detailed Hanahan Services Costs Vs. South Carolina
| Item | Hanahan | South Carolina |
|---|---|---|
| Shampoo | $1.0 | $1.06 |
| Movie | $10.22 | $10.68 |
| Bowling | $17.27 | $14.67 |
| Haircut | $19.37 | $18.62 |
| Beauty Salon | $57.83 | $39.05 |
Detailed Hanahan Groceries Costs Vs. South Carolina
| Item | Hanahan | South Carolina |
|---|---|---|
| Ground Beef | $4.68 | $4.22 |
| Fried Chicken | $1.27 | $1.39 |
| Milk | $2.25 | $2.05 |
| Potatoes | $4.23 | $3.29 |
| Pizza | $8.86 | $10.62 |
| Beer | $10.27 | $9.38 |
| Toothpaste | $2.61 | $2.34 |
Detailed Hanahan Health Costs Vs. South Carolina
| Item | Hanahan | South Carolina |
|---|---|---|
| Optometrist | $81.87 | $108.57 |
| Doctor | $131.23 | $116.17 |
| Dentist | $102.76 | $99.13 |
Detailed Hanahan Transportation Costs Vs. South Carolina
| Item | Hanahan | South Carolina |
|---|---|---|
| Gasoline | $2.06 | $2.22 |
| Tire Balancing | $47.58 | $50.07 |
Detailed Hanahan Utilities Costs Vs. South Carolina
| Item | Hanahan | South Carolina |
|---|---|---|
| All Electricity | $228.13 | $167.67 |
| Phone | $187.31 | $175.64 |
Hanahan SnackAbility
/10
Cost Of Living In Cities Around Hanahan
The cost of living varies in the cities and towns around Hanahan. Here's a quick look at the cost of living in the most populous nearby places:
Charleston, SC has a cost of living index of 112, 1.1x Hanahan.
North Charleston, SC has a cost of living index of 97, 0.9x Hanahan.
Mount Pleasant, SC has a cost of living index of 128, 1.2x Hanahan.
| City | Population | Cost Of Living | Vs. Hanahan |
|---|---|---|---|
| Charleston, SC | 147,928 | 112 | 1.1x |
| North Charleston, SC | 114,542 | 97 | 0.9x |
| Mount Pleasant, SC | 88,900 | 128 | 1.2x |
| Summerville, SC | 50,318 | 100 | 1.0x |
| Goose Creek, SC | 44,502 | 102 | 1.0x |
| Ladson, SC | 14,711 | 94 | 0.9x |
| Moncks Corner, SC | 12,685 | 101 | 1.0x |
| James Island, SC | 11,618 | 108 | 1.0x |
| Sangaree, SC | 9,336 | 94 | 0.9x |
