Housing costs in Ravenel?
A typical home costs
$478,600, which is 41.6% more expensive than the national average of
$338,100 and 84.1% more expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Ravenel costs
$1,250 per month, which is 12.6% more than the national average of
$1,110 and 22.4% cheaper than the state average of
$1,530.
Can I afford Ravenel?
To live comfortably in Ravenel (zip 29470), South Carolina, a minimum annual income of
$91,800 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Ravenel?
Ravenel is a small town located in South Carolina and the cost of living there is relatively low compared to the rest of the state. In general, groceries, housing, and transportation costs are all below the national average. The median home value sits at about $138,000 which is much lower than surrounding cities and towns. Renters can expect to pay around $1,200 per month for an apartment. Gas prices tend to be slightly lower than other parts of the state as well. Additionally, Ravenel has no sales tax which helps to keep costs down when buying consumer goods. All these factors make Ravenel an attractive home for people looking for a livable place with low costs.