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Cost of living in Myrtle Beach, SC

Livability score 67 · cost-of-living index 93.8 (US = 100)

How Myrtle Beach compares

Where Myrtle Beach falls within the range of all 200 metros (marker = this city).

Cost-of-living index (US=100) 85 118 Cost-of-living index (US=100): 94 — range 85 to 118 across all metros 94 Median home price $149k $1610k Median home price: $340k — range $149k to $1610k across all metros $340k Price per sqft (more house = lower) $88 $1074 Price per sqft (more house = lower): $170 — range $88 to $1074 across all metros $170 Combined sales tax 0.0% 11.5% Combined sales tax: 7.4% — range 0.0% to 11.5% across all metros 7.4% Property tax rate 0.28% 2.76% Property tax rate: 0.41% — range 0.28% to 2.76% across all metros 0.41% Violent crime (per 100k) 110 1,000 Violent crime (per 100k): 530 — range 110 to 1,000 across all metros 530 Electricity (¢/kWh) 12.3 46.6 Electricity (¢/kWh): 17.1 — range 12.3 to 46.6 across all metros 17.1 Avg summer high (°F) 65° 104° Avg summer high (°F): 91° — range 65° to 104° across all metros 91° Avg winter low (°F) -2° 72° Avg winter low (°F): 36° — range -2° to 72° across all metros 36°

Map of Myrtle Beach

Grocery stores, parks, golf courses and more — real listings. Toggle categories in the legend.

Map data © OpenStreetMap contributors · business listings via Google Maps

Cost of living

MetricValueUS rank
Cost-of-living index (US=100)93.8#81 of 200
Grocery index (US=100)95.9#69 of 200
Big Mac price (est.)$5.34#81 of 200
Median household income$63,296#153 of 200
Median wage (all occupations)$33,006#192 of 200

Economy

MetricValueUS rank
Unemployment rate5.41%#122 of 200
Population growth (5-yr)+14.7%#11 of 200

Housing — what your money buys

MetricValueUS rank
Median home price$340,239#96 of 200
Home price ÷ income (affordability)5.4×#131 of 200
1-yr home appreciation-0.6%#147 of 200
Price per square foot$170#81 of 200
Typical home size (implied)2,000 sqft
Median rent (monthly)$1,726#122 of 200
Homes for sale (inventory)8,374
Median days on market48#189 of 200

Taxes

MetricValueUS rank
Total tax burden (est. % of income)8.9%#27 of 200
Combined sales tax7.44%#103 of 200
State income tax (top rate)6.40%
Capital gains tax6.40%#140 of 200
High earnersNo special surtax
Effective property tax rate0.41%#7 of 200
Median property tax paid$1,004#11 of 200

Healthcare & childcare

MetricValueUS rank
Healthcare (annual, single adult)$6,500#53 of 200
Childcare (annual, infant, center)$8,500#19 of 200

Vehicles & commute

MetricValueUS rank
Annual registration$40#4 of 200
Vehicle property tax (annual)2.33% of value (~$652/yr)#186 of 200
Emissions testingNot required
Emissions detailNo vehicle emissions testing
DMV & license offices3
Avg commute to work23 min#75 of 200

Utilities & fuel

MetricValueUS rank
Electricity17.1¢/kWh#107 of 200
Avg monthly electric bill$154#107 of 200
Gasoline$3.05/gal#45 of 200
Natural gas (avg monthly bill)$56#51 of 200
Water & sewer (avg monthly bill)$97#88 of 200
Home internet (avg monthly bill)$78#77 of 200

Insurance

MetricValueUS rank
Home insurance (annual)$2,000#110 of 200
Auto insurance (annual)$1,900#86 of 200

Disaster risk & supplemental insurance

MetricValueUS rank
Main natural hazardsNotable hazards: hurricanes, flooding, earthquakes — separate flood/quake/windstorm policies may be needed.
Flood insurance (annual, NFIP)$900#152 of 200
Earthquake insurance (annual)$350#149 of 200

Climate & air quality

MetricValueUS rank
Air quality (median AQI, lower=cleaner)42#1 of 200
Cooling degree-days (AC load)2,000#138 of 200
Heating degree-days (heat load)2,000#44 of 200
Avg summer high91°F#136 of 200
Avg winter low36°F#71 of 200
Annual precipitation51.0"#167 of 200
Annual snowfall1.0"#57 of 200
Sunshine (% of possible)64%#59 of 200
Plant hardiness zone8a
Frost window03-10 → 11-20

Safety

MetricValueUS rank
Violent crime (per 100k)530#180 of 200
Property crime (per 100k)2,900#173 of 200

Local amenities & recreation

MetricValueUS rank
Grocery stores19#174 of 200
Parks22
Hiking areas8
Golf courses13
Shooting ranges4
Lakes3

Permits

MetricValueUS rank
Building permit difficulty (1–5)2#1 of 200
Permit detailGenerally easy

US rank = this metro's position among all 200 metros (1 = best: cheapest / safest / highest income, etc.). Childcare is a family cost, not included in the salary-equivalence total.

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