Panama City Beach, Florida vs. Myrtle Beach, South Carolina

Cost of Living Comparison

The cost of living in Myrtle Beach, South Carolina is 17.5% cheaper than Panama City Beach, Florida.

You would need a salary of $28,858 in Myrtle Beach, South Carolina to maintain the standard of living you have in Panama City Beach, Florida.
Comparison highlights
• Overall, Myrtle Beach, South Carolina is cheaper than Panama City Beach, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
36% cheaper in Myrtle Beach
than in Panama City Beach, Florida
Panama City Beach, FL vs. Myrtle Beach, SC
Compared to Panama City Beach, Myrtle Beach is:
  Homeowner
      No Child Care, Taxes not Considered
  17.5% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  5.2% lower
  Housing (Homeowner)
  47.0% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  4.0% lower
  Commute
  14.9% lower
  Health
  1.1% lower
  Taxes
  Childcare
  Personal
  2.5% higher