Myrtle Beach, SC Cost of Living


56 Reviews



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Myrtle Beach cost of living score
90.4
Less expensive
9.6% lower
than the US average
1.2% higher
than the South Carolina average
Myrtle Beach, South Carolina gets a BestPlaces Cost of Living score of 90.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.6% lower than the U.S. average and 1.2% lower than the average for South Carolina.

Myrtle Beach, SC

Housing costs in Myrtle Beach?
A typical home costs $299,700, which is 11.4% less expensive than the national average of $338,100 and 15.3% more expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Myrtle Beach costs $1,120 per month, which is 21.7% cheaper than the national average of $1,430 and close to the state average of $1,110.

Can I afford Myrtle Beach?
To live comfortably in Myrtle Beach, South Carolina, a minimum annual income of $57,600 for a family, and $38,800 for a single person is recommended.

What does A.I. say about Myrtle Beach?
Myrtle Beach, SC is an ideal destination for anyone looking for a coastal paradise while remaining within a budget. The cost of living in this vibrant city is relatively low compared to other cities in the United States, and many of its amenities are surprisingly affordable. A wide range of housing options are available at competitive prices. Transportation costs are also reasonable with inexpensive bus fare and taxi services in the area. Overall, living in Myrtle Beach offers excellent value for money without compromising on quality.
   Cost of living score
     CategoriesMyrtle BeachSouth CarolinaUnited States
  90.489.3100.0
  97.195.8100
  98.0102.7100.0
  75.076.6100.0
  $299,700$259,900$338,100
  101.6%103.9%100.0%
  79.086.8100.0
  87.876.3100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Myrtle Beach
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Coming from Massachusetts and New York state, I loved the weather, beach and change of lifestyle. Being an outgoing friendly person I met some nice people here along  More

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We were looking for a new city, and Myrtle Beach had had enough press that we were curious to check it out. A 30something and 40something couple, both of us have  More

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If I could give 4.5 instead of 5 I would because Id like to see the traffic flow better with more red lights and see more money put in to landscaping the roadways and  More

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