Cost of living in Myrtle Beach: rent, homes and salary
Cost of living in Myrtle Beach: 6.4% under the US average. For 2024, BEA's regional price parity (RPP) puts the metro area of Myrtle Beach, SC at 93.6 (US = 100), while housing alone sits at 83.1.
- Cost level
- 93.6US = 100, BEA 2024
- Price level for housing
- 83.1. Rent levels, US = 100.
Cost of living index for Myrtle Beach
The US average is set at 100. A regional price parity then compares the cost of the same goods and services in one place with that average. Myrtle Beach belongs to the Myrtle Beach-Conway-North Myrtle Beach, SC metropolitan area, and BEA prices that whole region as one. Housing (rents) sits furthest from the US average, at 83.1, or 16.9% below the US.
| Price level, US = 100 | Myrtle Beach, SC metro | South Carolina | Metro against the US |
|---|---|---|---|
| All items | 93.6 | 93.7 | −6.4% |
| Goods | 96.3 | 96.3 | −3.7% |
| Housing (rents) | 83.1 | 80.5 | −16.9% |
| Utilities | 88.0 | 88.3 | −12.0% |
| Other services | 98.3 | 98.3 | −1.7% |
Regional price parities for each metro area and state, 2024: U.S. Bureau of Economic Analysis. BEA regional price parities
Rent prices in Myrtle Beach
Zillow Observed Rent Index (ZORI) puts the typical asking rent for homes listed now in Myrtle Beach at $1,697 a month, +0.5% on a year. The US figure is $1,932.
| Rent | Myrtle Beach | United States |
|---|---|---|
| Typical asking rent, Zillow ZORI | $1,697 | $1,932 |
| Asking rent, 12-month change | +0.5% |
Zillow Observed Rent Index; one-year estimates from the Census Bureau American Community Survey 2024.
Prices of homes in Myrtle Beach
Zillow Home Value Index (ZHVI) measures the value of a home in the middle of the market. For a typical Myrtle Beach home it read $323,033 in September 2026. Year on year, that is +0.5%; the US figure is $366,157.
| Home prices | Myrtle Beach | United States |
|---|---|---|
| Typical home value, September 2026 | $323,033 | $366,157 |
| 12-month change | +0.5% | +1.2% |
| 10-year change | +72.3% | +77.4% |
| Price to rent (years of asking rent) | 15.9 | 15.8 |
Days on market, the forecast and a price chart running back to 2000 all appear here: Myrtle Beach housing market.
Salary required for living in Myrtle Beach
What salary in Myrtle Beach matches what your pay buys today comes down to two questions: where you live, and what your income is.
- Moving away from
- Salary
Side by side figures for every city, together with the method: cost of living comparison by city.
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Cost of living in Myrtle Beach against other cities
| City | Cost level | Housing | Typical rents | Value of a typical home |
|---|---|---|---|---|
| Myrtle Beach | 93.6 | 83.1 | $1,697 | $323,033 |
| Charleston, SC | 101.0 | 119.8 | $2,288 | $587,511 |
| Columbia, South Carolina | 93.7 | 79.5 | $1,500 | $227,148 |
| Greenville | 93.3 | 76.8 | $1,564 | $328,460 |
| New York City | 112.6 | 148.6 | $4,089 | $825,854 |
| Los Angeles | 113.6 | 170.4 | $2,772 | $927,891 |
| Chicago | 103.6 | 112.0 | $2,311 | $334,108 |
| Houston | 98.6 | 104.5 | $1,544 | $259,465 |
| Phoenix | 103.3 | 121.2 | $1,571 | $404,067 |
Price levels: BEA regional price parities from 2024, with US = 100. Rent comes from Zillow ZORI. Home value from Zillow ZHVI, September 2026.
Every city ranked: comparison of cost of living by city. Every state: cost of living figures by state.