Cost of Living in Charleston, SC (2026): A Full Breakdown

by Shakeima Chatman

Straight no-chaser advice for anyone moving to Charleston in 2026

Thinking about moving to Charleston, South Carolina? You’re not alone. Charleston continues to be one of the most popular relocation destinations in the Southeast—but popularity comes with a price tag.

In this 2026 cost of living breakdown, I’m sharing the real numbers you need to budget properly before making the move. From housing and utilities to groceries, transportation, healthcare, and childcare, this guide will help you decide whether Charleston truly fits your lifestyle and your wallet.

I’m Shakeima Chatman, your Charleston & Summerville Relocation Specialist, and my goal is to make sure you move with clarity—not surprises

What Does It Really Cost to Live in Charleston in 2026?

Charleston’s cost of living is approximately 8–12% higher than the national average. Housing is the biggest driver, but everyday expenses like utilities and transportation also add up—especially during our hot, humid summers.

Let’s break it down.

Housing Costs: Renting vs. Buying in Charleston

Housing is the single largest expense for most households relocating to Charleston.

Average Rent Prices (2026)

1-bedroom apartment: $1,600–$2,800/month
Prices vary significantly by neighborhood, amenities, and proximity to the coast

Median Home Prices (2026)

Charleston metro median home price: $625,000

By area:

Mount Pleasant: Higher-end pricing with strong schools and amenities
Summerville: More affordable options and new construction
West Ashley: Central location with mixed affordability
Daniel Island: Planned community with premium pricing

Property taxes in Charleston County remain relatively low at approximately 0.55%, which helps offset higher home prices.

Utilities & Monthly Household Expenses

Charleston’s climate directly impacts monthly utility costs.

Typical monthly expenses:

Electric: $150–$350 (summer A/C is non-negotiable)
Water & sewer: $60–$90
Internet & cable: $70–$120
Pest control: $30–$60

Summer months can be a shock for newcomers—especially if you’re moving from a cooler climate.

Grocery Costs & Dining Out

Groceries in Charleston run slightly above the national average.

Monthly groceries (single person): $350–$450
Monthly groceries (family of four): $900–$1,100

Dining out is part of Charleston culture, but it adds up quickly:

Casual restaurant meal: $15–$25
Mid-range restaurant entrée: $25–$40
Date night with drinks: $100+

Transportation Costs

Charleston is a car-dependent city for most residents.

Typical transportation expenses:

Gas prices: Slightly above national average
Car insurance: $140–$200/month
Parking (Downtown): $100–$250/month, depending on location

Public transportation exists but is limited compared to larger metro areas.

Healthcare Costs in Charleston

Healthcare costs are close to the national average:

Employer-sponsored insurance varies widely
Out-of-pocket medical costs should be factored into your monthly budget, especially for families

Charleston is home to several major healthcare systems, which is a plus for long-term residents.

Childcare & Education Expenses

For families, childcare is often the second-largest expense after housing.

Daycare: $900–$1,400/month per child
Private school tuition: Varies widely by school and grade level

Public schools vary by district and neighborhood, which makes location choice even more important.

Sample Monthly Budget: Single Professional

Estimated monthly expenses:

Rent: $1,800–$2,400
Utilities & internet: $250
Groceries & dining: $500
Transportation: $500
Healthcare & misc.: $300

Recommended annual salary: $60,000–$75,000

Sample Monthly Budget: Family of Four

Estimated monthly expenses:

Mortgage or rent: $2,800–$3,500
Utilities & internet: $350
Groceries & dining: $1,200
Transportation: $800
Childcare/education: $1,200+

Recommended household income: $100,000–$130,000

Neighborhoods to Consider

Your cost of living will vary significantly depending on where you land:

Downtown Charleston & the Peninsula
Mount Pleasant communities like Park West and Carolina Park
Summerville areas such as Nexton and Cane Bay
West Ashley neighborhoods like Shadowmoss
North Charleston’s Park Circle area
Goose Creek for more affordability

Choosing the right area can make or break your budget.

Final Thoughts: Is Charleston Worth the Cost?

Charleston isn’t cheap—but for many people, the lifestyle, culture, weather, and opportunity make it worth the investment. The key is moving here with realistic expectations and a clear financial plan.

If you’re considering relocating, don’t guess. Let’s talk through your numbers, your lifestyle goals, and the areas that truly make sense for you.