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Myrtle Beach, SC vs Miami, FL

Moving from Myrtle Beach to Miami? Here's what changes — from your equivalent salary to housing ($340,239 → $475,622 median home) and taxes.

Myrtle Beach vs Miami at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Myrtle Beach, SC Miami, FL Cost-of-living index Myrtle Beach, SC — Cost-of-living index: 94 94 Miami, FL — Cost-of-living index: 112 112 Median home price Myrtle Beach, SC — Median home price: $340k $340k Miami, FL — Median home price: $476k $476k Price per sqft Myrtle Beach, SC — Price per sqft: $170 $170 Miami, FL — Price per sqft: $257 $257 Median rent Myrtle Beach, SC — Median rent: $1,726 $1,726 Miami, FL — Median rent: $2,693 $2,693 Combined sales tax Myrtle Beach, SC — Combined sales tax: 7.4% 7.4% Miami, FL — Combined sales tax: 7.0% 7.0% Property tax rate Myrtle Beach, SC — Property tax rate: 0.41% 0.41% Miami, FL — Property tax rate: 0.90% 0.90% Violent crime /100k Myrtle Beach, SC — Violent crime /100k: 530 530 Miami, FL — Violent crime /100k: 380 380 Electricity ¢/kWh Myrtle Beach, SC — Electricity ¢/kWh: 17.1 17.1 Miami, FL — Electricity ¢/kWh: 15.4 15.4 Avg commute (min) Myrtle Beach, SC — Avg commute (min): 23 23 Miami, FL — Avg commute (min): 30 30 Avg summer high °F Myrtle Beach, SC — Avg summer high °F: 91° 91° Miami, FL — Avg summer high °F: 91° 91° Avg winter low °F Myrtle Beach, SC — Avg winter low °F: 36° 36° Miami, FL — Avg winter low °F: 52° 52°

To keep the same standard of living as $100,000 in Myrtle Beach, SC, you'd need about $119,530 in Miami, FL (+$19,530).

Livability — Myrtle Beach, SC: 67 · Miami, FL: 57 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,939 sqft in Myrtle Beach vs 1,945 sqft in Miami ($170 vs $257 per sqft).

Annual cost breakdown (at $100,000)

CategoryMyrtle Beach, SCMiami, FLDifference
Housing $20,712 $32,316 +$11,604
Groceries $4,797 $5,091 +$294
Transportation $3,465 $4,800 +$1,335
Utilities $1,848 $1,656 −$192
Insurance $2,000 $4,200 +$2,200
Taxes $10,008 $5,772 −$4,236
Total $42,830 $53,835 +$11,005

Side by side

MetricMyrtle Beach, SCMiami, FL
Cost-of-living index93.8112.1
Unemployment rate5.41%5.24%
Population growth (5-yr)14.7%1.7%
Air quality (median AQI)4242
Big Mac price (est.)$5.34$6.38
Median home price$340,239$475,622
Home price ÷ income5.4×6.9×
1-yr home appreciation-0.6%-2.9%
Price per square foot$170$257
Median rent$1,726$2,693
Total tax burden (% income)8.9%9.1%
Combined sales tax7.44%7.02%
Capital gains tax6.40%None
Property tax rate0.41%0.90%
Healthcare (annual)$6,500$7,500
Childcare (annual, infant)$8,500$10,000
Vehicle property tax2.33%None
Avg commute (min)2330
Home insurance / yr$2,000$4,200
Auto insurance / yr$1,900$2,900
Flood insurance / yr$900$1,400
Earthquake insurance / yr$350$100
Electricity ¢/kWh17.115.4
Gas $/gal3.053.35
Natural gas / mo$56$38
Water & sewer / mo$97$88
Home internet / mo$78$76
Violent crime /100k530380
Avg summer high °F9191
Avg winter low °F3652
Annual precipitation (in)51.067.4
Annual snowfall (in)1.00.0
Sunshine (% possible)64%70%
Permit difficulty (1–5)23

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