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Myrtle Beach, SC

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
78
Affordable
Median Home Value
$347,700
National: $426,735
Median Rent
$1,132/mo
National: $1,527/mo
Household Income
$53,679
National: $84,532
Population
37,214
Purchasing Power
81
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
81 / 100
100 = national average
Rent Index
74 / 100
Overall Index
78
Affordable

Myrtle Beach Mortgage Calculator

Pre-filled with the local median home value of $347,700 and South Carolina's property tax rate of 0.57%.

Salary & Purchasing Power

Median household income is $53,679 36% below the national average.

What $53,679 in Myrtle Beach Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$103,917+94%
Los Angeles, CA$116,993+118%
Houston, TX$48,862-9%
Philadelphia, PA$46,797-13%

Property Tax in Myrtle Beach, SC

Est. Annual Property Tax
$1,982
Monthly Impact
$165
Added to your mortgage
Effective Rate
0.57%
National avg: ~1.00%

South Carolina Tax Overview

Tax TypeSouth CarolinaNational Avg
Property Tax Rate0.57%1.00%
Top Income Tax Rate6.4%~5.0%
State Sales Tax7.44%~5.0%

Compare Myrtle Beach to Another City

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Cost of Living Comparison

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Myrtle Beach, SC
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Myrtle Beach, SC: 81
Rent Prices
74
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR