Housing And Living Costs
Following is excerpt from an online article that provides statistics
on housing and living expenses in South Carolina in comparison to other
states. From this big picture, you can see where Columbia stands among
many cities in the US.
Economic stability, geographic diversity and a wide range of home types
create good value in South Carolina. Reports continue to show growing
demand trends for communities with recreational amenities on site. Of
the top 10 states ranked for residential resort property purchase, North
and South Carolina combined, fall in behind only two others, Florida and
California. Key demand generators, include golf, beaches, lakes, walking
paths and mountains. Even with home prices up 25-27% (1995-1999) and seller
market conditions, these natural and man-made ammenities position the
Carolinas strong on comparable value.
South Carolina is a nice place to live because it is just so pleasant.
Beyond the gentle climate and easy lifestyle, the Carolinas welcome new
people and business. Combine that hospitality with the Blue Ridge Mountains
and the Atlantic Ocean, it's no wonder so many families are glad they
made the move. Followings are some statistics showing the advantage of
moving to South Carolina.:
Median Price of existing Single-Family Homes
Living cost in South Carolina
Cost of Living Comparison
% averages above or below the U.S. average for selected cities and towns
This chart represents an index of cost data collected during 1997 by the
American Chamber of Commerce Researchers Association for six major categories
of consumer expenditures. Categories include grocery items, housing, utilities,
transportation, health care and miscellaneous goods and services. The
information should be viewed only as a reasonable indication of relative
costs.
SC and NC Towns
Aiken, SC -6%
Anderson, SC -1%
Beaufort, SC -1%
Charleston, SC +1%
Columbia, SC -6%
Florence, SC -5%
Greenville, SC -2%
Hilton Head, SC +9%
Myrtle Beach, SC -2%
Rock Hill, SC -1%
Spartanburg, SC -6%
Sumter, SC -8%
Chapel Hill, NC +20%
Charlotte, NC +1%
Fayetteville, NC -1%
Hickory, NC -4%
Raleigh/Durham, NC +2%
Waynesville, NC -2%
Wilmington, NC +3%
Additional U.S. Cities
Atlanta, GA +3%
Savannah, GA -2%
San Diego, CA +21%
Wilmington, DE +9%
Miami, FL +6%
West Palm Beach, FL +9%
Boston, MA +36%
Philadelphia, PA +18%
Richmond, VA +4%
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