CostIndexUSA

Austin, TX vs Charleston, SC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
Austin
98.1
overall index
$1,550/mo rent
SC
Charleston
101
overall index
$1,950/mo rent

Austin is slightly cheaper than Charleston — 3.0% lower overall cost of living.

To match an $80,000 salary in Austin, you would need $82,400 in Charleston. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing≈ Equal
Austin
120.4
Charleston
119.8
🛒 Groceries+2.7%
Austin
93.8
Charleston
96.3
🚗 Transportation+2.1%
Austin
101.1
Charleston
103.2
🏥 Healthcare+2.2%
Austin
91.4
Charleston
93.4
Utilities+7.6%
Austin
82
Charleston
88.2

Salary Equivalency Calculator

Enter your current salary in Austin to see what you'd need to earn in Charleston to maintain the same purchasing power.

$
Equivalent salary in Charleston, SC
$82,400
$2,400 more needed in Charleston

Formula: salary × (101 ÷ 98.1) = salary × 1.0296. Based on BEA Regional Price Parities.

Housing Market

Austin, TX

Median Home Price
$420,000
Median Monthly Rent
$1,550
Housing Index
120.4
Price-to-Rent Ratio
22.6×

Charleston, SC

Median Home Price
$425,000
Median Monthly Rent
$1,950
Housing Index
119.8
Price-to-Rent Ratio
18.2×

Income & Job Market

Austin, TX

Median Household Income
$98,500
Per Capita Income
$56,100
Unemployment Rate
3.9%
Population
978,908
Top Industries
TechnologyGovernmentHealthcareEducationEntertainment

Charleston, SC

Median Household Income
$85,200
Per Capita Income
$48,600
Unemployment Rate
3.4%
Population
150,227
Top Industries
MilitaryTourismHealthcareTechnologyManufacturing

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Austin, TX
5.3×income-to-rent ratio

81% of income left after rent (median)

Charleston, SC
3.6×income-to-rent ratio

73% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.