Cost of Living in Goose Creek, SC

With a cost of living index of 107, Goose Creek, SC is somewhat more expensive than average. Living here is 7% more expensive than the national average and 25% above the South Carolina state average of 82. With a population of 46,964, Goose Creek is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.

Housing costs are the biggest factor in Goose Creek's cost of living. The median monthly rent is $1,611 (22% above the US median of $1,319), and the median home value sits at $279,500 (8% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Goose Creek is $87,437, which is 16% higher than the national median of $75,149. Residents spend roughly 22% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Goose Creek. The area sees an average annual temperature of 66.5°F, with summers averaging 81°F and winters around 51°F. Annual rainfall totals 52.5 inches spread over roughly 114 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Charleston-North Charleston, SC (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.