CostIndexUSA

Charleston, SC vs Jersey City, NJ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableSC
Charleston
101
overall index
$1,950/mo rent
NJ
Jersey City
112.6
overall index
$3,225/mo rent

Charleston is moderately cheaper than Jersey City — 11.5% lower overall cost of living.

To match an $80,000 salary in Charleston, you would need $89,200 in Jersey City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+24.0%
Charleston
119.8
Jersey City
148.6
🛒 Groceries+14.5%
Charleston
96.3
Jersey City
110.3
🚗 Transportation+7.7%
Charleston
103.2
Jersey City
111.1
🏥 Healthcare+7.6%
Charleston
93.4
Jersey City
100.5
Utilities+44.0%
Charleston
88.2
Jersey City
127

Salary Equivalency Calculator

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

$
Equivalent salary in Jersey City, NJ
$89,200
$9,200 more needed in Jersey City

Formula: salary × (112.6 ÷ 101) = salary × 1.1149. Based on BEA Regional Price Parities.

Housing Market

Charleston, SC

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

Jersey City, NJ

Median Home Price
$703,000
Median Monthly Rent
$3,225
Housing Index
148.6
Price-to-Rent Ratio
18.2×

Jersey City has 24.0% higher housing costs compared to Charleston.

Income & Job Market

Charleston, SC

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

Jersey City, NJ

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
Population
292,449
Top Industries
FinanceHealthcareTechnologyRetailGovernment

Affordability at a Glance

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

Charleston, SC
3.6×income-to-rent ratio

73% of income left after rent (median)

Jersey City, NJ
2.5×income-to-rent ratio

59% 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.