City Comparison

Charleston vs Sydney

Cost of Living Comparison · 2026

Charleston

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

Sydney

Australia
105
Average
$825,000
Median Home
$2,050/mo
Median Rent
$60,000
Median Income

The Verdict

4.8%

The cost gap between these cities is 4.8%, with Sydney being the more affordable option. A $75,000 income in Charleston has equivalent purchasing power to $71,591 in Sydney.

Category-by-Category Breakdown

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

Housing
127
Charleston
142
Sydney
Groceries
102
Charleston
95
Sydney
Utilities
99
Charleston
98
Sydney
Transportation
98
Charleston
108
Sydney
Healthcare
104
Charleston
72
Sydney

Salary Equivalence

A $75,000 salary in Charleston has the same purchasing power as $71,591 in Sydney.

Conversely, $75,000 in Sydney equals $78,571 in Charleston.

Living in Charleston vs Sydney

Housing Costs

Charleston's housing index of 127 is lower Sydney's 142, translating to median home prices of $380,000 vs $825,000. The $445,000 difference in home prices means roughly $28,920 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,600/mo in Charleston compared to $2,050/mo in Sydney, a monthly difference of $450.

Grocery & Food Costs

Grocery expenses index at 102 in Charleston and 95 in Sydney. A household spending the national average of $475/month on groceries would pay approximately $485/month in Charleston vs $451/month in Sydney. Sydney offers a meaningful advantage on everyday food costs, saving roughly $408/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 99 in Charleston and 98 in Sydney. Monthly utility bills average approximately $396 in Charleston vs $392 in Sydney. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Charleston and 72 in Sydney. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 32-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $65,872 in Charleston and $60,000 in Sydney. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $59,884 and $57,143 respectively. Charleston residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,537/month to housing in Charleston vs $1,400/month in Sydney. In Charleston, median rent of $1,600/mo exceeds this threshold, suggesting renters may feel stretched. In Sydney, median rent of $2,050/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Healthcare, where the gap is 32 index points — focus your budget analysis there.

Frequently Asked Questions

Sydney is 4.8% more affordable overall with an index of 105 vs 110.
A $75,000 salary in Charleston has equivalent purchasing power to approximately $71,591 in Sydney, based on the cost of living difference.
Charleston's housing index is 127 with median homes at $380,000, while Sydney's is 142 with median homes at $825,000.

Moving & Relocation Resources

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