Cost of living in Port Royal 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 Port Royal 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 Port Royal is 108, with 100 being the average.
The cost of living index in Port Royal is 1.1x higher than the national average.
Port Royal ranks as the #88 cheapest in South Carolina out of 99.
Port Royal ranks as the #3,954 cheapest out of 6,412 in the US.
The median home value in Port Royal is $244,000.
The median income in Port Royal is $63,645.
According to the most recent data on the cost of living, Port Royal has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to South Carolina, Port Royal has a cost of living index that's 1.1x higher than South Carolina's index of 96.
The standard of living in Port Royal ranks as #88 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Port Royal ranks as the #11 most expensive place in the Palmetto State.
For more reading on life in Port Royal, check out:
Six factors go into calculating the cost of living index in Port Royal. Here is how it fairs on each of the criteria:
The Services index in Port Royal is 110.
The Groceries index in Port Royal is 107.
The Health index in Port Royal is 96.
The Housing index in Port Royal is 111.
The Transportation index in Port Royal is 96.
The Utilities index in Port Royal is 105.
Living Expense | Port Royal | South Carolina | National Average | |
---|---|---|---|---|
Overall | 108 | 96 | 100 | |
Services | 110 | 99 | 100 | |
Groceries | 107 | 100 | 100 | |
Health | 96 | 96 | 100 | |
Housing | 111 | 89 | 100 | |
Transportation | 96 | 90 | 100 | |
Utilities | 105 | 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 Port Royal is $244,000.
The Median Rent in Port Royal is $1,385.
The Median Income in Port Royal is $63,645.
The Home Value To Income in Port Royal is 3.8x.
The Rent To Monthly Income in Port Royal is 0.26x.
Statistic | Port Royal | South Carolina | United States |
---|---|---|---|
Median Home Value | $244,000 | $181,800 | $244,900 |
Median Rent | $1,385 | $970 | $1,163 |
Median Income | $63,645 | $58,234 | $69,021 |
Home Value To Income | 3.8x | 3.1x | 3.5x |
Rent To Monthly Income | 0.26x | 0.2x | 0.2x |
Item | Port Royal | South Carolina |
---|---|---|
Shampoo | $1.08 | $1.06 |
Movie | $9.75 | $10.68 |
Bowling | $15.0 | $14.67 |
Haircut | $20.92 | $18.62 |
Beauty Salon | $59.92 | $39.05 |
Item | Port Royal | South Carolina |
---|---|---|
Ground Beef | $3.41 | $4.22 |
Fried Chicken | $1.44 | $1.39 |
Milk | $2.06 | $2.05 |
Potatoes | $2.97 | $3.29 |
Pizza | $10.99 | $10.62 |
Beer | $10.18 | $9.38 |
Toothpaste | $2.21 | $2.34 |
Item | Port Royal | South Carolina |
---|---|---|
Optometrist | $148.44 | $108.57 |
Doctor | $105.61 | $116.17 |
Dentist | $103.33 | $99.13 |
Item | Port Royal | South Carolina |
---|---|---|
Gasoline | $2.14 | $2.22 |
Tire Balancing | $45.5 | $50.07 |
Item | Port Royal | South Carolina |
---|---|---|
All Electricity | $181.91 | $167.67 |
Phone | $184.31 | $175.64 |
The cost of living varies in the cities and towns around Port Royal. Here's a quick look at the cost of living in the most populous nearby places:
Hilton Head Island, SC has a cost of living index of 136, 1.3x Port Royal.
Bluffton, SC has a cost of living index of 114, 1.1x Port Royal.
Beaufort, SC has a cost of living index of 104, 1.0x Port Royal.
City | Population | Cost Of Living | Vs. Port Royal |
---|---|---|---|
Hilton Head Island, SC | 38,068 | 136 | 1.3x |
Bluffton, SC | 27,596 | 114 | 1.1x |
Beaufort, SC | 12,899 | 104 | 1.0x |
Burton, SC | 7,818 | 96 | 0.9x |
Hardeeville, SC | 7,228 | 110 | 1.0x |
Laurel Bay, SC | 5,926 | 99 | 0.9x |