Murrells Inlet, SC Cost of Living


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Murrells Inlet cost of living score
94.7
Less expensive
5.3% lower
than the US average
6.0% higher
than the South Carolina average
Murrells Inlet, South Carolina gets a BestPlaces Cost of Living score of 94.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.3% lower than the U.S. average and 6.0% lower than the average for South Carolina.

Murrells Inlet, SC

Housing costs in Murrells Inlet?
A typical home costs $364,800, which is 7.9% more expensive than the national average of $338,100 and 40.4% more expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Murrells Inlet costs $1,360 per month, which is 4.9% cheaper than the national average of $1,430 and 18.4% more than the state average of $1,110.

Can I afford Murrells Inlet?
To live comfortably in Murrells Inlet, South Carolina, a minimum annual income of $69,840 for a family, and $47,600 for a single person is recommended.

What does A.I. say about Murrells Inlet?
Murrells Inlet, SC is known for its affordability and low cost of living. According to the latest data from the US Census Bureau, the median home value in Murrells Inlet is only $210,400, which is significantly lower than the national average of $231,200. Additionally, the median household income in Murrells Inlet is also relatively modest at $58,341 compared to the US median household income of $61,937. This demonstrates that many people are able to live comfortably here without having to expend a significant portion of their income. Furthermore, groceries and other everyday items remain affordable in this area making it an attractive choice for those who want a high quality of life without breaking the bank.
   Cost of living score
     CategoriesMurrells InletSouth CarolinaUnited States
  94.789.3100.0
  100.795.8100
  101.1102.7100.0
  96.376.6100.0
  $364,800$259,900$338,100
  103.0%103.9%100.0%
  68.886.8100.0
  90.276.3100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Murrells Inlet
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Murrells Inlet is one of the fastest growing areas on the east coast. Regardless of your origin, race, orientation or skillset you are warmly welcome! Despite what  More

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Murrells Inlet, Pawleys Island, Litchfield Beach..very pretty, but dont move there unless you like 13.5% unemployment, racial and gender prejudice, and dont..repeat dont  More

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Over 14 years ago

The culture in the entire Grand Strand area is severly lacking. The so called "museums" here are a joke.   More

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