What Is the Cost of Living in Myrtle Beach South Carolina? Cost of Living in Myrtle Beach

The average cost of living in Myrtle Beach is $2304. It is in the top 10% of the most expensive cities in the world. Myrtle Beach is ranked 965th out of 9294 globally, 880th out of 2202 in the United States, and 7th out of 26 in South Carolina. The median after-tax salary is $4075. This is enough to cover living expenses for 1.8 months.

We need more data on the cost of living in Myrtle Beach. If you live there, please contribute information. Other nearby cities with better data quality are:

  • Charleston, SC. 153.69 km away.
  • Columbia, SC. 245.73 km away.
  • Charlotte, NC. 274.65 km away.

The cost of groceries in Myrtle Beach varies based on preferences and habits. On average, a single person spends around $309 per month. Prices fluctuate based on the products, store, and available discounts.

Myrtle Beach is ranked 5561st in the best places to live globally. It is the 2117th best city in the US and the 26th most livable in South Carolina. Myrtle Beach has a population around 35.7K. It is the 1257th largest city in the United States. The closest airport is 5 km away.

To live comfortably in Myrtle Beach, an annual income of $57,600 for a family and $38,800 for a single person is recommended. Myrtle Beach’s cost of living index is 90.4. This is 1.0x higher than South Carolina’s index of 93. Myrtle Beach ranks as the 3672nd most expensive place in South Carolina out of 6418 places measured.

Housing and Income

Myrtle Beach median income is $58,597 for homeowners. Based on that, maximum housing expenses should be $1,367. Renters have a median income of $27,559. Their maximum for rental costs should be $643 to avoid poverty.

Myrtle Beach offers good value housing relative to income compared to similar sized cities. Housing costs are $392,696 in 2022. The national average is $383,883.

Is Myrtle Beach affordable to live? To live comfortably in Myrtle Beach, you would need to make around $50,000 to $60,000 per year. This would cover housing, utilities, transportation, groceries, and entertainment. Keep in mind costs can vary.

SC Beach Towns You Can Afford. Myrtle Beach is more affordable than most East Coast beach towns. You can look forward to nice weather and things to do.

Myrtle Beach housing is 32% cheaper than the U.S average. Utilities are about 17% pricier. In the Myrtle Beach metro area, a single person with no children who works full-time needs to make $15.13 per hour, or $31,470 per year before taxes to live comfortably.

Is Myrtle Beach a safe city? Cities like Surfside Beach, Pawleys Island, and North Myrtle Beach are considered among the safest in the nation. The rate of crime in Myrtle Beach is 51.08 per 1,000 residents during a standard year. People consider the southwest part of the city to be the safest.

Myrtle Beach is a lively seaside escape with a spectacular 100 km Grand Strand of sand. Named for a shrub, it has long attracted visitors with mild weather and soft sands.

You should plan to spend around $139 per day in Myrtle Beach. Past travelers spent $45 on meals and $19 on transportation daily. Living in Myrtle Beach has perks and downsides to know before moving. The beach is a pro. A con is it ranks 33rd most dangerous out of 100 cities.

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