Cost of Living in North Myrtle Beach, SC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
120.1
100 = national avg
+20.1 vs national average
Living Wage (1 Adult)
$52,860
per year
Living Wage (Family of 4)
$124,942
per year
Cost Index by Category
Housing142.1
Food105.1
Transportation110.2
Healthcare104.1
Utilities111.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,229
per month
2 Bedroom
$1,465
per month
The overall cost of living index in North Myrtle Beach is 120.1, which is 20.1% above the national average. Housing costs are above the national average at an index of 142.1. A single adult needs to earn approximately $52,860 per year to cover basic expenses.