North Myrtle Beach, SC Cost of Living


4 Reviews



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North 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
North 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.

North Myrtle Beach, SC

Housing costs in North Myrtle Beach?
A typical home costs $377,000, which is 11.5% more expensive than the national average of $338,100 and 45.1% more expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in North Myrtle Beach costs $1,290 per month, which is 9.8% cheaper than the national average of $1,430 and 14.0% more than the state average of $1,110.

Can I afford North Myrtle Beach?
To live comfortably in North Myrtle Beach, South Carolina, a minimum annual income of $72,360 for a family, and $45,200 for a single person is recommended.

What does A.I. say about North Myrtle Beach?
The cost of living in North Myrtle Beach, SC is quite reasonable. Despite being a popular tourist destination, the city boasts some of the most affordable housing options in the region. The median home value is approximately $193,000, which is significantly lower than other coastal areas in the state. Additionally, the cost of groceries and transportation are reasonably priced with an overall cost of living that is nearly 12% lower than the national average. With its year-round sunny weather and access to some of South Carolina's best beaches and attractions, North Myrtle Beach is an ideal place for those looking for an affordable yet enjoyable lifestyle.
   Cost of living score
     CategoriesNorth Myrtle BeachSouth CarolinaUnited States
  90.489.3100.0
  101.295.8100
  98.0102.7100.0
  97.376.6100.0
  $377,000$259,900$338,100
  96.8%103.9%100.0%
  86.586.8100.0
  87.876.3100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for North Myrtle Beach
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Over 11 years ago

High taxes, tolls, utilities but close to NYC. Not a good place to retire unless well to do & you have a house on the Jersey shore. Then again, that's if your house  More

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Definitely a tourist area. Not a good place to raise kids! Schools are terrible. Decent amount of crime, nothing too extreme. High accident rate. Dear god do NOT drive  More

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Over 13 years ago

I have visited this area and it is very nice. I am thinking of longer stays. The only thing I find troubling is the lower end rating for water in this area in general.  More

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