CostIndexUSA

Billings, MT vs Charleston, SC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMT
Billings
93.5
overall index
$1,400/mo rent
SC
Charleston
101
overall index
$1,950/mo rent

Billings is moderately cheaper than Charleston — 8.0% lower overall cost of living.

To match an $80,000 salary in Billings, you would need $86,400 in Charleston. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+54.8%
Billings
77.4
Charleston
119.8
🛒 Groceries≈ Equal
Billings
96
Charleston
96.3
🚗 Transportation≈ Equal
Billings
103.7
Charleston
103.2
🏥 Healthcare≈ Equal
Billings
93.8
Charleston
93.4
Utilities+21.8%
Billings
72.4
Charleston
88.2

Salary Equivalency Calculator

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

$
Equivalent salary in Charleston, SC
$86,400
$6,400 more needed in Charleston

Formula: salary × (101 ÷ 93.5) = salary × 1.0802. Based on BEA Regional Price Parities.

Housing Market

Billings, MT

Median Home Price
$392,000
Median Monthly Rent
$1,400
Housing Index
77.4
Price-to-Rent Ratio
23.3×

Charleston, SC

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

Charleston has 54.8% higher housing costs compared to Billings.

Income & Job Market

Billings, MT

Median Household Income
$70,800
Per Capita Income
$40,400
Unemployment Rate
3.2%
Population
117,116
Top Industries
EnergyHealthcareRetailAgricultureManufacturing

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).

Billings, MT
4.2×income-to-rent ratio

76% 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.