Cost of living in Hilton Head Island
Hilton Head Island, located in South Carolina, is a popular destination known for its beautiful beaches and golf courses. Understanding the cost of living here is crucial for both potential residents and visitors.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $18 on average, with a range between $12 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $60, with prices ranging from $50 to $125.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.5, with a range between $10 and $12.5.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $9, imported beer $5 to $9, cappuccino $2.5 to $7.65, and Coke/Pepsi $2 to $4.
Grocery Prices
- Milk - Milk is priced between $0.73 and $1.74 per liter, averaging $0.73.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.18 and $5.51, with an average price of $3.46.
- Eggs (Dozen) - A dozen eggs range from $1.75 to $6.5, averaging $2.89.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.1 to $6.13 per kg, while oranges range from $1.65 to $6.59 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.55 and $2.62 per kg, and lettuce costs $1.98 to $3.5 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.67 and $1.03 per liter.
- Taxi Fares - Taxi fares start at $3.5, with a cost of $2.49 per km and $20 to $30 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $27,000 and $36,050, while a Toyota Corolla is priced between $25,532.25 and $33,000.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1500 to $3000, averaging $2133.33.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1800.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $2300.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $3735.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter also averages $3735.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $138.13 and $300, averaging $178.8.
- Internet - Internet services range from $49.99 to $104, with an average cost of $65.31.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Hilton Head Island offers a range of dining options, with casual meals starting at $12 and upscale dining reaching $125.
Grocery prices are relatively moderate, with essentials like milk and bread priced affordably.
Transportation costs are manageable, with gasoline prices averaging $0.67 per liter and taxi services readily available.
Housing can be expensive, especially in the city centre, with rents for 1-bedroom apartments averaging over $2000.
Utilities and internet services are reasonably priced, contributing to the overall cost of living.
Conclusion
Hilton Head Island presents a diverse cost of living landscape, balancing between affordable grocery and utility prices and higher housing costs.
Potential residents should consider their housing needs carefully, as this can significantly impact their monthly budget.
Overall, the island offers a comfortable lifestyle with its scenic beauty and amenities, making it a desirable place to live.