Net Worth Percentile in North Charleston

Your national net worth ranking uses Federal Reserve SCF data and is the same wherever you live. But North Charleston’s cost of living is 17% above the national average (COL index: 117), which changes what your net worth actually buys.

Purchasing power in North Charleston

National median (ages 45-54) ($247K)2.9 yrs of expenses
$1M net worth ($1.0M)11.7 yrs of expenses
$2M net worth ($2.0M)23.4 yrs of expenses
$5M net worth ($5.0M)58.6 yrs of expenses

Based on BLS 2023 Consumer Expenditure Survey ($85,371/yr in North Charleston).

North Charleston — key figures

Cost of living index117 (US avg = 100)
Median home price$435,600
Median household income$117,500

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Frequently asked questions

What net worth puts you in the top 10% in North Charleston?

Nationally, the top 10% of Americans ages 45-54 have a net worth of roughly $1.7M or more. In North Charleston, where cost of living is 17% above the national average (COL index: 117), that $1.7M covers approximately 19.9 years of living expenses compared to 23.3 years at the national average.

How does North Charleston's cost of living affect my net worth ranking?

North Charleston has a cost of living index of 117 (US average = 100). Your national percentile ranking uses Federal Reserve SCF data and is the same regardless of where you live. But your purchasing power differs: $1M in North Charleston covers 11.7 years of average living expenses, versus 13.7 years at the national average.

What is the median household income in North Charleston?

The median household income in North Charleston is $117,500 per year. The national median household income is approximately $74,580 (Census ACS 2023).

What is the median home price in North Charleston?

The median home sale price in North Charleston metro area is approximately $435,600 (2024). For a household with $500K in net worth, that represents 115% of the median home price.

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Data: 2022 Federal Reserve Survey of Consumer Finances.

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