Myrtle Beach, SC Cost Of Living
Myrtle Beach's Overall Cost Of Living
Lower Than The National Average
In South Carolina
In America
What is the cost of living in Myrtle Beach, SC?
According to the most recent data on the cost of living, Myrtle Beach has an overall cost of living index of 97 which is 1.0x lower than the national index of 100.
Compared to only South Carolina, Myrtle Beach has a cost of living index that's 1.0x higher than South Carolina's index of 93.
The standard of living in Myrtle Beach ranks as #2,747 most affordable out of the 6,418 places we measured in South Carolina. By definition, that implies Myrtle Beach ranks as the #3,672 most expensive place in the Palmetto State.
Myrtle Beach Cost Of Living Vs. South Carolina
| Living Expense | Myrtle Beach | South Carolina | National Average | |
|---|---|---|---|---|
| Overall | 97 | 93 | 100 | |
| Services | 102 | 98 | 100 | |
| Groceries | 96 | 105 | 100 | |
| Health | 109 | 95 | 100 | |
| Housing | 90 | 80 | 100 | |
| Transportation | 110 | 94 | 100 | |
| Utilities | 105 | 105 | 100 | |
Myrtle Beach, SC Housing Cost Breakdown
Housing swings affordability the most between places in South Carolina, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
| Statistic | Myrtle Beach | South Carolina | United States |
|---|---|---|---|
| Median Home Value | $237,200 | $170,100 | $229,800 |
| Median Rent | $924 | $918 | $1,096 |
| Median Income | $43,378 | $54,864 | $64,994 |
| Home Value To Income | 5.5x | 3.1x | 3.5x |
| Rent To Monthly Income | 0.26x | 0.2x | 0.2x |
Detailed Myrtle Beach Services Costs Vs. South Carolina
| Item | Myrtle Beach | South Carolina |
|---|---|---|
| Shampoo | $1.07 | $1.06 |
| Movie | $10.35 | $10.68 |
| Bowling | $13.67 | $14.67 |
Detailed Myrtle Beach Groceries Costs Vs. South Carolina
| Item | Myrtle Beach | South Carolina |
|---|---|---|
| Ground Beef | $4.32 | $4.22 |
| Fried Chicken | $1.48 | $1.39 |
| Milk | $2.58 | $2.05 |
Detailed Myrtle Beach Health Costs Vs. South Carolina
| Item | Myrtle Beach | South Carolina |
|---|---|---|
| Haircut | $15.0 | $18.62 |
| Beauty Salon | $42.5 | $39.05 |
| Toothpaste | $3.23 | $2.34 |
Detailed Myrtle Beach Transportation Costs Vs. South Carolina
| Item | Myrtle Beach | South Carolina |
|---|---|---|
| Potatoes | $4.3 | $3.29 |
| Pizza | $8.99 | $10.62 |
| Beer | $9.69 | $9.38 |
| Optometrist | $116.4 | $108.57 |
| Doctor | $121.67 | $116.17 |
| Dentist | $120.22 | $99.13 |
Detailed Myrtle Beach Utilities Costs Vs. South Carolina
| Item | Myrtle Beach | South Carolina |
|---|---|---|
| Gasoline | $2.5 | $2.22 |
| Tire Balancing | $63.96 | $50.07 |
| All Electricity | $180.8 | $167.67 |
| Phone | $177.09 | $175.64 |
Myrtle Beach SnackAbility
/10
Cost Of Living In Cities Around Myrtle Beach
| City | Population | Cost Of Living | Vs. Myrtle Beach |
|---|---|---|---|
| Socastee, SC | 25,846 | 98 | 1.0x |
| Conway, SC | 24,747 | 96 | 1.0x |
| North Myrtle Beach, SC | 16,684 | 112 | 1.2x |
| Red Hill, SC | 16,290 | 100 | 1.0x |
| Little River, SC | 9,692 | 99 | 1.0x |
| Murrells Inlet, SC | 9,292 | 107 | 1.1x |
| Forestbrook, SC | 7,613 | 98 | 1.0x |
