How Affordable is it to Live in Charleston

Posted by Lee and Katherine Keadle on Friday, October 16th, 2015 at 2:26pm.

Before relocating to a new area, it is wise to research the cost of living associated with a particular community, town, or city, as well as the career prospects available to new residents. The real estate professionals of the Keadle Real Estate Group often answer detailed questions from clients inquiring about how affordable it is to live in Charleston and how the job market is faring compared to the rest of the country.

Depending on your finances, Charleston can be an exceptionally affordable place to live. Exploring a greater variety of communities in the local areas will open up the doors to a multitude of appealing properties that fit your income level. For example, certain areas will have higher taxes and insurance, which will increase the cost of living. Other areas will require less of a commute to work, which will cut down on transportation costs. Each community in and around Charleston can be more or less affordable depending on your monthly living expenses, from insurance and taxes which are escrowed in your mortgage payment to monthly HOA or regime fees which are paid out of pocket.

Luckily, the job market is doing much better than other areas in the U.S. because of our city’s varied economic industries. This can give a boost to your future earning potential, whether you’re in the technology, medical, education, transportation, industrial, hospitality, or business fields. Additionally, there are properties for sale and lease in a wide range of price points from good quality apartments to upscale housing. Provided you carefully evaluate your financial outlook before jumping into a contract, you can narrow down the properties that are within your price range to be certain you can afford the cost of living in a particular area of Charleston. If you love Charleston and are flexible in searching for the perfect home for you, living in Charleston is not only an affordable prospect, it can be a lifelong, fulfilling dream come true.

Real Estate Available in Charleston

The Keadle Real Estate Group maintains a comprehensive Charleston Real Estate database updated daily that contains thousands of listings to ensure that all of our clients find properties that fit their finances and meet their expectations. Become a satisfied client of the Keadle Real Estate Group today and benefit from our extensive knowledge about the real estate market of Charleston and the surrounding areas. Contact the Keadle Real Estate Group today by calling (800) 804-2187 and schedule an appointment at a time that is convenient for you. 

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