Housing costs in Myrtle Beach?
A typical home costs
$293,500, which is 13.2% less expensive than the national average of
$338,100 and 12.9% 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 0.9% more than the national average of
$1,110 and 2.7% more than the state average of
$1,090.
Can I afford Myrtle Beach?
To live comfortably in Myrtle Beach (zip 29572), South Carolina, a minimum annual income of
$56,160 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 affordable place to live. The cost of living in 29572 Myrtle Beach, SC is nearly 12% lower than the national average. It has a median home value of $183,200 and a median rent of $1,050, both notably lower than the national averages. Groceries are also inexpensive compared to other areas in the US. Utilities costs are also lower than the national average due to South Carolina's mild climate year-round. All of these factors contribute to making 29572 Myrtle Beach, SC an affordable and desirable place to live.