Cost of living in Red Hill 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 Red Hill 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 Red Hill is 100, with 100 being the average.
The cost of living index in Red Hill is 1.0x lower than the national average.
Red Hill ranks as the #78 cheapest in South Carolina out of 99.
Red Hill ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Red Hill is $184,300.
The median income in Red Hill is $51,739.
According to the most recent data on the cost of living, Red Hill has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to South Carolina, Red Hill has a cost of living index that's 1.0x higher than South Carolina's index of 96.
The standard of living in Red Hill ranks as #78 most affordable out of the 99 places we measured in South Carolina. By definition, that implies Red Hill ranks as the #21 most expensive place in the Palmetto State.
For more reading on life in Red Hill, check out:
Six factors go into calculating the cost of living index in Red Hill. Here is how it fairs on each of the criteria:
The Services index in Red Hill is 103.
The Groceries index in Red Hill is 99.
The Health index in Red Hill is 109.
The Housing index in Red Hill is 87.
The Transportation index in Red Hill is 110.
The Utilities index in Red Hill is 105.
Living Expense | Red Hill | South Carolina | National Average | |
---|---|---|---|---|
Overall | 100 | 96 | 100 | |
Services | 103 | 99 | 100 | |
Groceries | 99 | 100 | 100 | |
Health | 109 | 96 | 100 | |
Housing | 87 | 89 | 100 | |
Transportation | 110 | 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 Red Hill is $184,300.
The Median Rent in Red Hill is $965.
The Median Income in Red Hill is $51,739.
The Home Value To Income in Red Hill is 3.6x.
The Rent To Monthly Income in Red Hill is 0.22x.
Statistic | Red Hill | South Carolina | United States |
---|---|---|---|
Median Home Value | $184,300 | $181,800 | $244,900 |
Median Rent | $965 | $970 | $1,163 |
Median Income | $51,739 | $58,234 | $69,021 |
Home Value To Income | 3.6x | 3.1x | 3.5x |
Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Item | Red Hill | South Carolina |
---|---|---|
Shampoo | $1.07 | $1.06 |
Movie | $10.35 | $10.68 |
Bowling | $13.67 | $14.67 |
Haircut | $15.0 | $18.62 |
Beauty Salon | $42.5 | $39.05 |
Item | Red Hill | South Carolina |
---|---|---|
Ground Beef | $4.32 | $4.22 |
Fried Chicken | $1.48 | $1.39 |
Milk | $2.58 | $2.05 |
Potatoes | $4.3 | $3.29 |
Pizza | $8.99 | $10.62 |
Beer | $9.69 | $9.38 |
Toothpaste | $3.23 | $2.34 |
Item | Red Hill | South Carolina |
---|---|---|
Optometrist | $116.4 | $108.57 |
Doctor | $121.67 | $116.17 |
Dentist | $120.22 | $99.13 |
Item | Red Hill | South Carolina |
---|---|---|
Gasoline | $2.5 | $2.22 |
Tire Balancing | $63.96 | $50.07 |
Item | Red Hill | South Carolina |
---|---|---|
All Electricity | $180.8 | $167.67 |
Phone | $177.09 | $175.64 |
The cost of living varies in the cities and towns around Red Hill. Here's a quick look at the cost of living in the most populous nearby places:
Myrtle Beach, SC has a cost of living index of 97, 1.0x Red Hill.
Socastee, SC has a cost of living index of 98, 1.0x Red Hill.
Conway, SC has a cost of living index of 96, 1.0x Red Hill.
City | Population | Cost Of Living | Vs. Red Hill |
---|---|---|---|
Myrtle Beach, SC | 35,116 | 97 | 1.0x |
Socastee, SC | 24,657 | 98 | 1.0x |
Conway, SC | 22,001 | 96 | 1.0x |
North Myrtle Beach, SC | 18,502 | 112 | 1.1x |
Murrells Inlet, SC | 9,695 | 107 | 1.1x |
Forestbrook, SC | 7,256 | 98 | 1.0x |