City Comparison

Charleston vs Gresham

Cost of Living Comparison · 2026

Charleston

South Carolina
110
Above Average
$380,000
Median Home
$1,600/mo
Median Rent
$65,872
Median Income

Gresham

Oregon
128
Expensive
$459,000
Median Home
$1,450/mo
Median Rent
$69,600
Median Income

The Verdict

14.1%

Charleston is 14.1% less expensive than Gresham overall. A household earning $75,000 in Charleston would need approximately $87,273 in Gresham to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
127
Charleston
172
Gresham
Groceries
102
Charleston
101
Gresham
Utilities
99
Charleston
96
Gresham
Transportation
98
Charleston
126
Gresham
Healthcare
104
Charleston
103
Gresham

Salary Equivalence

A $75,000 salary in Charleston has the same purchasing power as $87,273 in Gresham.

Conversely, $75,000 in Gresham equals $64,453 in Charleston.

Living in Charleston vs Gresham

Housing Costs

Charleston's housing index of 127 is lower Gresham's 172, translating to median home prices of $380,000 vs $459,000. The $79,000 difference in home prices means roughly $5,136 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,600/mo in Charleston compared to $1,450/mo in Gresham, a monthly difference of $150.

Grocery & Food Costs

Grocery expenses index at 102 in Charleston and 101 in Gresham. A household spending the national average of $475/month on groceries would pay approximately $485/month in Charleston vs $480/month in Gresham. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 99 in Charleston and 96 in Gresham. Monthly utility bills average approximately $396 in Charleston vs $384 in Gresham. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Charleston and 103 in Gresham. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $65,872 in Charleston and $69,600 in Gresham. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $59,884 and $54,375 respectively. Charleston residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,537/month to housing in Charleston vs $1,624/month in Gresham. In Charleston, median rent of $1,600/mo exceeds this threshold, suggesting renters may feel stretched. In Gresham, median rent of $1,450/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 45 index points — focus your budget analysis there.

Frequently Asked Questions

Charleston is 14.1% more affordable overall with an index of 110 vs 128.
A $75,000 salary in Charleston has equivalent purchasing power to approximately $87,273 in Gresham, based on the cost of living difference.
Charleston's housing index is 127 with median homes at $380,000, while Gresham's is 172 with median homes at $459,000.

Moving & Relocation Resources

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