News
North Charleston Included on List of “Cheap American Cities Seeing a Boom in Move-ins”
North Charleston was ranked No. 7 on 24/7 Wall St.’s list of “20 Cheap American Cities That Are Seeing a Boom of Move-ins this Year.”
To identify America’s cheapest cities where everyone wants to live, the website reviewed cost of living, housing affordability, and population growth from migration for 110 U.S. metro areas. They ranked cities based on “the net incoming searches relative to outgoing searches for homes in each metro area among prospective buyers on Redfin, a national real estate brokerage, during the first three quarters of 2020 (January through September) as a percentage of the 2019 population.” Population data came from the U.S. Census Bureau’s Population and Housing Unit Estimates program.
The cost of living in North Charleston was found to be 3.2% lower than the national average and the percentage of potential movers from outside the Charleston-North Charleston area was 48.8%.
Cape Coral-Fort Myers, FL topped the list, which you can see here.
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