Charleston's TRUE cost of living!! Is it REALLY affordable?

[@adamwade1808]

@7:00 also if your car has high mileage and/or damage you can get it re-assessed for a lower rate. Also don't know if they do this in other states but here commercial and rental properties are assessed at a higher rate (probly why it cost more to rent lol) and the commercial assessment is AUTOMATIC so if you move into a new home you need to contact the county thief (assessor) to get ur home assessed at the residential rate (at least thats how it was when i bought my house:) )

[@adamwade1808]

@6:20 BTW all of y'all from different areas of the country. in our climate there are days when you need the heat on Monday and the A/C on Tuesday

[@adamwade1808]

@1:56 dude that was before the post Covid Boom

[@Blackbookproduct10ns]

15k property taxes here on Long Island…

[@TheBillOlson]

For what value home?

[@Blackbookproduct10ns]

@@TheBillOlson it varies…but around 600-650k. At that price point if you find something around 10K taxes that’s a steal. And it can go as high as 18 or so on the higher end at that price point as well.

[@TheBillOlson]

That’s INSANE and one of the reasons we’re seeing so many transplants. Taxes would be between $2500-$3500 depending on the area. If you work remotely now, that’s a hefty little “raise” and you don’t have to shovel snow!

[@JaritzaItzelPradoParedes]

Can you straight buy a house over there coming from another state or you must reside for X years to qualify to buy?

[@TheBillOlson]

No need to live here first. Anyone is able to buy.

[@clara7920]

Yes I would love to talk with you further. I’m looking to relocate

[@TheBillOlson]

Send me an email at [e-mail] and let’s schedule a time to chat.

[@seanjones6179]

Great info Bill!

[@TheBillOlson]

sean jones thanks!

[@russellmcmahan3157]

Hello I'm Russell. I'm thinking about moving back to Charleston. I know it is going to be hard with only a little over a thousand dollars a month on Social Security. Do you have any advice on where to rent closest to the beach as possible. Thank you

[@PalmBeachesPaul]

Lots of good info Bill.

[@TheBillOlson]

Thanks Paul!

[@blountman747]

I've been here for two years and you are spot-on great video

[@davidsonsp1]

Great detail and sincerity

[@TheBillOlson]

Perry Davidson Thank you for watching!

[@thegefster1988]

Hi Bill, Thank you for the Video... Couple in 50's from CA... Charleston is nice but still kind of mulling over where. Any thoughts and comparisons' of the South Carolina/nice areas of Augusta /Simpsonville vs Charleston area. I like the beach but really enjoy biking gravel/MTB and we are used to whole foods/sprouts/etc... A bit apprehensive about hurricane/tornado issues and am still in the job market. Thanks again

[@dadejavusc]

Greenville/Simpsonville area is closed to the mountains if you like the outdoors. 3.5 'hours to Charleston. 4 hours drive to Myrtle Beach. 45 minutes to Asheville. 1.5 hours drive to Charlotte and 2.5 hours drive to Atlanta. 4.5 hours drive to Savannah. 4 hours to Hilton Head.

[@thegefster1988]

@@dadejavusc Thanks for response... Am leaning towards the area.

[@Amtran727]

OMG, $1400 a year in property taxes! I wish I was paying that. I live in Illinois, a very high tax state. I own a 1 bedroom condo near downtown Chicago and my annual real estate tax bill is $4300! I plan to move out of Illinois within the next 2-3 years. Can't take it here anymore. Many of my friends have already left.

[@ScottyWoodworker]

Great Info!

[@west4127]

Hey I’m just leaving active duty for the army and I’m currently a reservist while in school for HVAC. How is the HVAC industry?

[@TheBillOlson]

It gets HOT so we need HVAC techs. A friend’s HVAC company is currently hiring.

[@dadejavusc]

Plenty of job for HVAC tech.

[@mkptrsn]

Where is a nice area outside of Charleston where it would be affordable to purchase a home on a few acres? It's such a beautiful area there.

[@TheBillOlson]

How far outside of Charleston and what price do you consider affordable? There are a few areas that could work.

[@mkptrsn]

Bill Olson I’m still learning about the area. I know some places are $$. Hour or 2 from town. I hear Charlotte is nice too

[@margobartlettrealtorfuture842]

What a great, well-researched video! Thanks for sharing!

[@TheBillOlson]

Thanks for watching.

[@SamanthaPearlman]

Thanks for the Jersey Shout out! We do have ridiculous high property taxes here all over the state!

[@TheBillOlson]

Gotta give some love to my Jersey peeps, even if it's calling out your absurdly high property taxes. ;)

[@LongLeggedOne]

@@TheBillOlson I would not suspect u were from NJ man. U dont show it at all.

[@TheBillOlson]

@@LongLeggedOne I’m actually not from NJ, I’m from Ohio

[@LongLeggedOne]

@@TheBillOlson Oh wow, thought u said NJ for a sec. U didnt like Ohio then I take it. I liked the feel of Indiana more. even IL when i went through them. If u lived in Cleveland, I can see the reason u wanted to leave.

[@TheBillOlson]

@@LongLeggedOne I compared our property taxes to NJ’s since they have really high taxes there and ours are low.

[@lisasabala4424]

amazing insights about Charleston. Thanks for sharing this video.

[@SubwayAce]

Hey Bill, I enjoyed your video, lots of good info. However , I could not find the link to the video of retiring to Charleston or the link for the podcast. Could you please repost? or I just couldn't find it. Thanks. James

[@KimberlyDiPrima]

Nice info. Thank you!

[@EricLarkin]

I love visiting Charleston! Great food, great views, great history! Thanks for sharing the cost of living, seems reasonable!!

[@AlysonWahl]

really insightful

[@LIVINGINPALMBEACHFLORIDA]

We love Charleston! Thank you sharing Bill!

[@sarahjanegatcho4912]

Ill be working in musc, can i afford to live there? 😬

[@TheBillOlson]

My wife works at musc! What will you be doing? And yes, you can afford to live here, a lot of people do.

[@sarahjanegatcho4912]

@@TheBillOlson Thanks for the reply Bill, ill be working as a nurse there and ill be coming from the emirates. Thanks for the information and im excited 🙂

[@TheBillOlson]

@@sarahjanegatcho4912 That’s exciting! If there is anything I can do or questions I can answer, shoot me an email at [e-mail]

[@lr9152]

What about small apartment rentals?

[@TheBillOlson]

Depending on the area of Charleston. The rule of thumb is usually the further you get from the beaches and downtown, the more affordable it gets, which goes for rentals too.

[@monike6565]

Hi do you have a video for good schools.

[@LivingInNashvilleTennessee1]

I love love Charleston!! Didn’t realize it was pretty affordable

[@TheBillOlson]

Historical and affordable!

[@jilliannatalie2286]

im looking at homes on johns island! Any experience with lennar homes?

[@TheBillOlson]

Yes, Lennar builds great homes, and I personally live on Johns Island. Which neighborhood are you interested in?

[@jilliannatalie2286]

Bill Olson I believe it’s the arbor coastal collection?

[@TheBillOlson]

That is Lennar in St Johns Woods. I’d love to discuss with you. Send me an email at [e-mail]

[@selltosimon]

Great content here's a smoke signal i need seller finance there

[@donmarion56]

What is the best area in South Carolina if I want to rent a 1 bedroom there around $600 rent control and is near shopping malls as I would need walkability since I don't drive as of yet but will in the future...Thx for any help

[@yoreshirechristianpreschool]

Okay well you’ve scared me to death now ‘cause we’re moving to Charleston-granted outside of Charleston-but still the taxes are all the same right😅

[@TheBillOlson]

Yes. They will be very similar. Where are you moving?

[@yoreshirechristianpreschool]

@@TheBillOlson we were going to Moncks Corner but they told us traffic would be horrific even though we’ve checked it daily for weeks (4:30 am our time😳//8:30 there and it was fine//no traffic) sooooo, we are moving to Melrose Place West Ashley🤷🏻‍♀️ it’s a townhouse

[@culshie]

Love S.C. and if I could I would move there, but being old I need my Canadian Health Care, but Georgetown would be my choice...

[@MarySchumann]

Now I feel like our property taxes are high! This is definitely the kind of info I'd want if I were moving there. Thanks Paul!

[@TheBillOlson]

You're welcome. The property taxes were a welcome surprise when I moved here.

[@AKAliRealtor]

Charleston seems very affordable. Great info Bill!

[@ashleyh8386]

I’m trying to figure out where the high paying jobs are in Charleston to be able to afford rent much less buying a house as a single parent. Love Charleston but it’s becoming unaffordable

[@TheSushmaHomeSellingTeam]

Compelling reasons to move to Charleston. Great video.

[@anastasia10017]

I have heard that the cost of air-conditioning your home is astronomical. and you cant live without it. is this true ?

[@TheBillOlson]

It all depends on how cold you want your home. Most newer units dehumidify the home efficiently, which means you can keep your temp a little higher and be comfortable. It really helps. And it is true you can't live without it...well you could, if you like to sweat a lot.

[@amyhayslettrealtor1901]

I want to visit there. I love the architecture.

[@JohnCunninghamTeam]

$330,000 is not a lot of money for coastal living. Take a look in Cali; you have to ad another digit to live on the coast there. So the cost of living in Charleston SC is quite reasonable. And those property taxes are definitely low in your neck of the woods. It was interesting to see the various average home prices when you went through the map. Great job Bill!

[@TheBillOlson]

Thanks John!

[@LongLeggedOne]

What id be concerned about though is the people who do over indulge, Im just gonna be renting . Then all those ppl will be doing is bringing an even more flashy lifestyle looking down on others. I bet thats what Charleston is going through.

[@AA-cp8ry]

I’m a vegan. R there a lot of vegan restaurants or grocery stores?

[@TheBillOlson]

Charkeston is a very culinary friendly city. My wife is vegetarian and she has plenty of options. Here is a good resource for all vegan restaurants: www.happycow.net/north_america/usa/south_carolina/charleston/

[@PhilipRandolphREALTOR]

Love living in the LOW COUNTRY - It has it's advantages. Good work BILL!

[@TheBillOlson]

It's a special part of the country for sure! Can't imagine living anywhere else.

[@benrivas4120]

Question, I’m from California and I’m looking to relocate. Maybe Charleston SC. How diverse is Charleston? What minority ethnic group is the largest in Charleston?

[@mrpoliceemsfire1]

Charleston is very white, for the city of Charleston at least. With the population being 72% white, and 21.9% African American. Charleston is also very much religious for Christianity and Judaism. However, Charleston County has a very liberal lean compared to the rest of the state. I actually like to call it "The LA of the South" as it has a lot of beaches, a lot of residential cities nearby, if you look at Los Angeles City Limits, you'll see there are a bunch of smaller cities with official municipal government powers surrounding it, and you'll see the same thing too if you look at Charleston. It also has a massive google data center just west of Charleston, and east of it, the Marine Corp Recruit Depot, similar to the MCRD at San Diego.

[@SarahCarmanOregonBroker]

Sooooo...now to find my husband a job in the area. Think your office would let me come hang out???

[@TheBillOlson]

Come on!

[@TheBillOlson]

Think Charleston is your next home but wondering about the cost of living? Let me know your concerns and I'll be sure to get your questions answered.

[@maximo5737]

Thanks a ton for the video.... How is the technology community in SC.. in regards to jobs, meetups, companies etc.

[@TheBillOlson]

@@maximo5737 We have a booming tech industry here. Check out www.charlestonworks.com/ . They have a bunch of tech jobs listed and it gives you a good idea of the types of tech industries that are here in Charleston. A few years ago we were nicknamed "Silicon Harbor" because of all the tech startups that were coming to town.

[@upinsmoke333]

Thanks for sharing... This Yankee is planning on buying a home in SC... The bums can keep NYC...

[@TheBillOlson]

Come on down! The weather is beautiful and the people are nice.

[@upinsmoke333]

@@TheBillOlson Thank you.. NYC not so bad.. Im just done with the weather and to be honest, you can not buy anything here, too exspensive.. I would commute back and forth and eventually retire down there..

[@Kahuna_550]

Channel about living in Charleston but stays on John's Island.... SMH

[@therebels5975]

Sounds like that state is tax hungry would not live there

[@coletc]

We spent a month in a rental last June in Summerville. Groceries were noticeably expensive and we’re from Chicago. More expensive than Chicago suburbs

[@wynonie]

No more Yankees from NY & NJ, PLEASE!

[@LongLeggedOne]

Im with u on that. NJ 1st, then NY suck. I plan to move to SC but i am picking a place where less of those people will be. I am Italian too, been to different states, FL too and I see how FL got ruined and I trust that enough offerings will be in Columbia. I dont believe the new people should be getting huge houses though to look down on people. im so against that shit.

[@hanzberger8751]

9% sales tax, then 15% for going out to eat?

[@TheBillOlson]

11% going out to eat.