Housing costs in Ravenel?
A typical home costs
$468,200, which is 38.5% more expensive than the national average of
$338,100 and 80.1% more expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Ravenel costs
$1,280 per month, which is 10.5% cheaper than the national average of
$1,430 and 13.3% more than the state average of
$1,110.
Can I afford Ravenel?
To live comfortably in Ravenel, South Carolina, a minimum annual income of
$89,640 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Ravenel?
The cost of living in Ravenel, SC is relatively low compared to other cities in the United States. The median home value is just over $150,000 and the median household income is about $45,000. Rent averages around $900 per month, and utilities are also very affordable. Food prices at local grocery stores are usually lower than the national average as well. Overall, living in Ravenel is an affordable option for those looking for a place to settle down.