one of the coming year (National Conference of State Legislatures, 2019). There is no metro rail or subway, but public bus service is offered through the Charleston Area Regional Transportation Authority. For this study, what was considered low-wage in a metro area varied with the cost of living. The state minimum wage is the same for all individuals, regardless of how many dependents The region features a unique blend of historic preservation and new development, displayed in its cobblestone walkways and eerie cemeteries, buzzy nightlife and sophisticated art galleries. Help the Charleston City Paper keep Best of Charleston going every year with a donation. Or sign up to become a member of the Charleston City Paper club. If you haven't already guessed it, the cost of living in Charleston is pretty high. with one or two working adults and zero to three children. 2023 Cost of Living Is Relatively High . State the current location. The state minimum wage is the same for all individuals, regardless of how many dependents Some employers offer employees reduced fee bus or transit passes, so check that out with your employer. Demands for a living wage that is fair to workers have resulted in numerous location-based changes to minimum wage levels. and the Visit the Charleston Regional Data Center for additional economic, demographic, and workforce data. These figures show the individual expenses that went into the living With a cost of living near the national average, the Charleston region offers an affordable cost of living especially when compared to other fast-growing communities. What Am I Worth? How much money you need to make to live comfortably in every state in Featured Local Savings, State releases big resilience plan to guide climate response, 6/30 NEWSBREAK: S.C.s Rucker, Boseman to be on Hollywood Walk of Fame, Pawleys Island Brewing Co.: A tribute to Fraser Blake, Jack's Cosmic Dogs is blasting off at 2 new locations, Journeys: Welcoming the IAAM (full magazine), Your guide to celebrating July 4 in the Lowcountry, Our View: Shame on the Charleston Six for thwarting Sumar Street gateway, A museum idea that took two decades to become a reality, Proudly powered by Newspack by Automattic. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. You should evaluate the options based on your usage and preferences and pick the best fit for your needs. Last month, more than 60% of Florida voters approved a referendum to gradually raise the states minimum wage to $15 per hour by 2026. Workers in the Charleston-North Charleston, SC Metropolitan Statistical Area had an average (mean) hourly wage of $26.34 in May 2022, 11 percent below the nationwide average of $29.76, the U.S. Bureau of Labor Statistics reported today. The living wage does not include dining out, entertainment, or savings allowance. Help the Charleston City Paper keep Best of Charleston going every year with a donation. But with wages for the states poorest stuck at the bottom of the pay scale, its no surprise census data show the South Carolina poverty rate remains near 14%. Get Your Estimate 2021 Hourly Minimum Wage in Charleston, SC Minimum Wage $11.5 hourly Charleston, SC minimum wage rate is $11.5 per hour. The federal minimum wage is $7.25 per hour while South Carolina's state law sets the minimum wage rate at $7.25 per hour in 2023. the current location. Use our tool to get a personalized report on your market worth. Occupational Employment and Wages in Charleston-North Charleston May 2021 : Employment, Pay: News Release: Jun 2022: Charleston, SC, Area Economic Summary (PDF) Benefits, Consumer price indexes, Consumer spending, Employment, Industry price indexes, Pay, Unemployment. Housing Groceries Charleston, South Carolina's cost of living is 2% lower than the national average. This price can vary a lot if the distance is greater and depending on how much is being moved. CHARLESTON, S.C. (WCBD) - The Massachusetts Institute of Technology (MIT) has developed a Living Wage Calculator that estimates the wages necessary to live in different cities and states.. QuickFacts data are derived from: Population Estimates, American Community Survey, Census of Population and Housing, Current Population Survey, Small Area Health Insurance Estimates, Small Area Income and Poverty Estimates, State and County Housing Unit Estimates, County Business Patterns, Nonemployer Statistics, Economic Census, Survey of Business Owners, Building Permits. The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. These are the typical annual salaries for various professions in this location. and the they may have. Although summers are hot and humid, the rest of the year features pleasant temperatures that allow residents to soak in the area's scenery. Charleston County, South Carolina (SC) - City-Data.com In fact, South Carolinas hourly workforce had the largest share of minimum wage workers in the nation in 2019 roughly 61,000. At the same time, Charleston has a long, intriguing past, leaving many historic places to tour: Fort Sumter, Charleston City Market, Charles Towne Landing and the famous Angel Oak Tree are just a few of the must-see places. Currently, the minimum wage is just $7.25 per hour in Charleston, but the city's living wage is $19.42 per hour for a single working adult. Winds WSW at 10 to 15 mph.. Tonight 3 Find your market worth with a report tailored to you Charleston, South Carolina Jobs by Salary The average salary in Charleston, SC is $66k. Data sourced from the National Climatic Data Center. Cost of Living in Mount Pleasant, SC - Salary.com than We analyze millions of real estate transactions to compare agents near you. The paltry federal minimum wage doesnt come close to covering the cost of living in a place like Charleston, where a living wage is said to be more than $24 per hour, according to the Massachusetts Institute of Technology. Living Wage Calculation for Charleston County, South Carolina. Or sign up to become a member of the Charleston City Paper club. We have converted it to an hourly wage for the The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. We have converted it to an hourly wage for the The vintage year (e.g., V2022) refers to the final year of the series (2020 thru 2022). What low-wage work looks like in Charleston, other SC cities QuickFacts provides statistics for all states and counties, and for cities and towns with a population of 5,000 or more. Federal minimum wage not nearly enough to pay to live in Charleston In Charleston, the low-wage threshold . technical documentation here. Outdoor yoga classes are quite popular, as are water sports like surfing, paddleboarding, kayaking and fishing. You may find that after you move, you will need to purchase many new items for the new location, for example, window coverings, rugs, lighting, and outdoor gear. Wage thresholds ranged anywhere from $12.54 to $20.02 an hour. For more details, Massachusetts Institute of Technology, Arts, Design, Entertainment, Sports, & Media, Building & Grounds Cleaning & Maintenance. In Charleston, that number jumps up almost 30% to $147.74 each month. Cost of Living in Ladson, SC - Salary.com A .gov website belongs to an official government wage estimate. Highest-paying jobs in Charleston that don't require a - Stacker The assumption is the sole provider is working Make a donation Love Best of Charleston? Living wage calculator: Do you make enough to live in SC? These are the typical annual salaries for various professions in this location. support his or herself and their family. Two-thirds of those responding to a Winthrop Poll supported an increase as far back as 2015. Recently Added Salaries for People Working in Charleston, SC Location Show More When moving to a distant place, help your children learn about the new area. These figures show the individual expenses that went into the living and the In Vintage 2022, as a result of the formal request from the state, Connecticut transitioned from eight counties to nine planning regions. For more information, please visit the 2021 5-year ACS Comparison Guidance page. The average Charleston resident earns less than the average American. Not only will you reduce the stress of driving and finding a place to park once you reach your destination, your car and tires will last longer, and you will spend less on gas. 12. You are entitled to be paid the higher state minimum wage. When 3 Men Richer Than 165 Million People, Sanders Says Working Class Dr. Amy K. Glasmeier The median necessary "living wage" across the entire US is $67,690. 2023 Charleston Regional Development Alliance, 4401 Belle Oaks Drive, Suite 420, North Charleston, SC 29405. The tool provides information for individuals, and households Dr. Amy K. Glasmeier Minimum Wage: $7.25: 2-Bedroom Housing Wage: $21.48: . Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. Data sourced from the U.S. Census Bureau's American Community Survey. No, it was not some Marxist plot to abolish the rich or raid the piggy banks of wealthy Floridians. housing costs to median household income. Charleston's population is very active. Cost of Living in Charleston, SC | PayScale Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. with one or two working adults and zero to three children. Winding cobblestone streets, pastel-hued homes, peaceful promenades, striking sunsets and wind-swept palm trees there's so much to love! It was a loud-and-clear affirmation by Republican and Democratic voters that wages have been far too suppressed and out-of-whack for far too long. Make sure you take this into account as you plan your overall, The average cost of internet access in the U.S. is $66.20 per month. Data sourced from Zillow median home sale price data series. Living Wage Calculation for Charleston-North Charleston, SC Those same voters also carried the Sunshine State for Donald Trump. News Bernie Sanders Sen. Bernie Sanders (I-Vt.) during a rally at the ILA Hall in Charleston, South Caroline on Saturday, June 3, 2023. Find out more about the cost of living in South Carolina, from housing, food, transportation, and more! Find top real estate agents in Charleston, SC. Real Estate. QuickFacts Charleston city, South Carolina Table (a) Includes persons reporting only one race (c) Economic Census - Puerto Rico data are not comparable to U.S. Economic Census data (b) Hispanics may be of any race, so also are included in applicable race categories State Charleston-North Charleston, SC. South Carolina is a great state with lots to offer. technical documentation here. The federal minimum wage is $7.25 per hour while South Carolina's state law sets the minimum wage rate at $7.25 per hour in 2023. Nicknamed the Holy City, Charleston also is home to more than 400 places of worship. one of the coming year (National Conference of State Legislatures, 2019). Data are updated annually, in the first quarter of the new year. Make sure you budget for these types of expenses and include them in the first years. Additional data provided by the Austin Board of Realtors, Best Places. they may have. minimum wages are determined based on the posted value of the minimum wage as of January Houston Association of Realtors, Intermountain MLS, Why do people leave their jobs? These figures show the individual expenses that went into the living This is greater than the Federal Minimum Wage of $7.25. Charleston International Airport is only about 12 miles from downtown Charleston. These are the typical annual salaries for various professions in this location. You could save up to $1,000 per year, depending on your location, by using public transport instead of driving. An official website of the United States government. Share sensitive information only on official, Public parking is available throughout the city in garages and parking lots for a fee. The region's education and workforce training system continues to build a solid base of technically-skilled workers in engineering, information technology and more. full-time (2080 hours per year). Familiarize yourself with the places where students hang out, and take advantage of discounted or bargain prices, you are sure to be able to keep your. Demands for a living wage that is fair to workers have resulted in numerous location-based changes to minimum wage levels. [emailprotected] or call us at +1 843.767.9300. wage estimate. Low 72F. The national average for a monthly bill equals around $114.11. In the case of households with . The result: A full-time minimum-wage worker in South Carolina would be paid a little over $15,000 per year. Dr. Amy K. Glasmeier State Living in Charleston, SC | U.S. News two working adults, all values are per working adult, single or in a family unless otherwise noted. Massachusetts Institute of Technology, Arts, Design, Entertainment, Sports, & Media, Building & Grounds Cleaning & Maintenance. minimum wages are determined based on the posted value of the minimum wage as of January the data source, home prices are not comparable across metro areas. Average wages for workers in Charleston barely outpaced inflation over The city lies just south of the geographical midpoint of South Carolina's coastline and is located on Charleston Harbor, an inlet of the Atlantic Ocean formed by the confluence of the Ashley, Cooper, and Wando rivers. The area overflows with entertainment and good food, and the low country locale is gorgeous. The tool provides information for individuals, and households #49 (tie). one of the coming year (National Conference of State Legislatures, 2019). Cost of Living in South Carolina, 2023 - Apartment List New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. The city of Charleston wants to raise the minimum wage from $11.50 to $12 an hour next year in hopes of stemming the high turnover rate of 18 percent.