Cost of living index
Myrtle Beach, SC
93.6 / 100
Living in Myrtle Beach, SC is 6.4% cheaper than the US average.
Overall prices
93.6
Housing / rent
83.1
vs US average
−6.4%
What it costs to live in Myrtle Beach, SC
Myrtle Beach, SC has an overall price level of 93.6 compared with the national average of 100, meaning everyday costs run about 6.4% lower than a typical US metro. Housing tells the sharper story: at 83.1 it is 16.9% below the national average. Because rent and mortgage payments are the biggest line in most household budgets, that housing figure is usually what you’ll feel most when you move here.
Common questions
Is Myrtle Beach, SC an expensive place to live?
Myrtle Beach, SC has an overall cost-of-living index of 93.6, where 100 is the US average. That makes it about 6.4% cheaper than the country as a whole.
Is housing expensive in Myrtle Beach, SC?
Housing in Myrtle Beach, SC scores 83.1 against a US average of 100 — roughly 16.9% below average. Housing is usually the largest single cost, so it drives most of the overall difference.
How does Myrtle Beach, SC compare to the US average cost of living?
Overall prices in Myrtle Beach, SC sit at 93.6 versus 100 for the US average, with housing at 83.1. Figures come from the US Bureau of Economic Analysis for 2024.