Housing costs in North Myrtle Beach?
A typical home costs
$393,200, which is 16.3% more expensive than the national average of
$338,100 and 51.3% 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 16.2% more than the national average of
$1,110 and 15.5% more than the state average of
$1,090.
Can I afford North Myrtle Beach?
To live comfortably in North Myrtle Beach (zip 29582), South Carolina, a minimum annual income of
$75,240 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about North Myrtle Beach?
The cost of living in 29582 North Myrtle Beach, SC is slightly higher than the national average. According to the Cost of Living Index (COLI), the overall cost of living index in this zip code is 97.9, which is 3.1 points higher than the U.S. average of 94.8. However, this is still very affordable compared to other areas in South Carolina and around the country. The housing market in this area is particularly reasonably priced, coming in at an 84 on the COLI. Groceries and utilities both come in slightly above average at 101 and 103 respectively; however, transportation costs are significantly lower than average. All told, living in 29582 North Myrtle Beach, SC can be quite affordable depending on one's lifestyle and preferences.