CostIndexUSA

Cary, NC vs Myrtle Beach, SC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NC
Cary
98.2
overall index
$1,650/mo rent
More AffordableSC
Myrtle Beach
93.6
overall index
$1,700/mo rent

Myrtle Beach is slightly cheaper than Cary — 4.7% lower overall cost of living.

To match an $80,000 salary in Cary, you would need $76,300 in Myrtle Beach. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing19.7%
Cary
103.5
Myrtle Beach
83.1
🛒 Groceries≈ Equal
Cary
96.6
Myrtle Beach
96.3
🚗 Transportation≈ Equal
Cary
103.1
Myrtle Beach
103.2
🏥 Healthcare≈ Equal
Cary
93.3
Myrtle Beach
93.4
Utilities1.1%
Cary
89
Myrtle Beach
88

Salary Equivalency Calculator

Enter your current salary in Cary to see what you'd need to earn in Myrtle Beach to maintain the same purchasing power.

$
Equivalent salary in Myrtle Beach, SC
$76,300
$3,700 less needed in Myrtle Beach

Formula: salary × (93.6 ÷ 98.2) = salary × 0.9532. Based on BEA Regional Price Parities.

Housing Market

Cary, NC

Median Home Price
$428,000
Median Monthly Rent
$1,650
Housing Index
103.5
Price-to-Rent Ratio
21.6×

Myrtle Beach, SC

Median Home Price
$334,000
Median Monthly Rent
$1,700
Housing Index
83.1
Price-to-Rent Ratio
16.4×

Cary has 19.7% lower housing costs compared to Myrtle Beach.

Income & Job Market

Cary, NC

Median Household Income
$96,100
Per Capita Income
$54,800
Unemployment Rate
3.5%
Population
174,721
Top Industries
TechnologyFinanceHealthcareEducationResearch

Myrtle Beach, SC

Median Household Income
$69,000
Per Capita Income
$39,300
Unemployment Rate
3.5%
Population
34,695
Top Industries
TourismHealthcareRetailReal EstateHospitality

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Cary, NC
4.9×income-to-rent ratio

79% of income left after rent (median)

Myrtle Beach, SC
3.4×income-to-rent ratio

70% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.