Cost of living in James Island 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 James Island 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 James Island is 108, with 100 being the average.
The cost of living index in James Island is 1.1x higher than the national average.
James Island ranks as the #88 cheapest in South Carolina out of 99.
James Island ranks as the #3,954 cheapest out of 6,412 in the US.
The median home value in James Island is $355,400.
The median income in James Island is $87,615.
According to the most recent data on the cost of living, James Island has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to South Carolina, James Island has a cost of living index that's 1.1x higher than South Carolina's index of 96.
The standard of living in James Island ranks as #88 most affordable out of the 99 places we measured in South Carolina. By definition, that implies James Island ranks as the #11 most expensive place in the Palmetto State.
For more reading on life in James Island, check out:
Six factors go into calculating the cost of living index in James Island. Here is how it fairs on each of the criteria:
The Services index in James Island is 96.
The Groceries index in James Island is 103.
The Health index in James Island is 100.
The Housing index in James Island is 125.
The Transportation index in James Island is 94.
The Utilities index in James Island is 122.
Living Expense | James Island | South Carolina | National Average | |
---|---|---|---|---|
Overall | 108 | 96 | 100 | |
Services | 96 | 99 | 100 | |
Groceries | 103 | 100 | 100 | |
Health | 100 | 96 | 100 | |
Housing | 125 | 89 | 100 | |
Transportation | 94 | 90 | 100 | |
Utilities | 122 | 107 | 100 |
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 James Island is $355,400.
The Median Rent in James Island is $1,788.
The Median Income in James Island is $87,615.
The Home Value To Income in James Island is 4.1x.
The Rent To Monthly Income in James Island is 0.24x.
Statistic | James Island | South Carolina | United States |
---|---|---|---|
Median Home Value | $355,400 | $181,800 | $244,900 |
Median Rent | $1,788 | $970 | $1,163 |
Median Income | $87,615 | $58,234 | $69,021 |
Home Value To Income | 4.1x | 3.1x | 3.5x |
Rent To Monthly Income | 0.24x | 0.2x | 0.2x |
Item | James Island | 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 |
Item | James Island | 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 |
Item | James Island | South Carolina |
---|---|---|
Optometrist | $81.87 | $108.57 |
Doctor | $131.23 | $116.17 |
Dentist | $102.76 | $99.13 |
Item | James Island | South Carolina |
---|---|---|
Gasoline | $2.06 | $2.22 |
Tire Balancing | $47.58 | $50.07 |
Item | James Island | South Carolina |
---|---|---|
All Electricity | $228.13 | $167.67 |
Phone | $187.31 | $175.64 |
The cost of living varies in the cities and towns around James Island. 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, 1.0x James Island.
North Charleston, SC has a cost of living index of 97, 0.9x James Island.
Mount Pleasant, SC has a cost of living index of 128, 1.2x James Island.
City | Population | Cost Of Living | Vs. James Island |
---|---|---|---|
Charleston, SC | 147,928 | 112 | 1.0x |
North Charleston, SC | 114,542 | 97 | 0.9x |
Mount Pleasant, SC | 88,900 | 128 | 1.2x |
Goose Creek, SC | 44,502 | 102 | 0.9x |
Hanahan, SC | 20,381 | 103 | 1.0x |
Hollywood, SC | 5,319 | 104 | 1.0x |