CostIndexUSA

Greenville, SC vs Myrtle Beach, SC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostSC
Greenville
93.3
overall index
$1,550/mo rent
SC
Myrtle Beach
93.6
overall index
$1,700/mo rent

Greenville and Myrtle Beach have nearly identical costs of living.

Category Breakdown

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

🏠 Housing+8.2%
Greenville
76.8
Myrtle Beach
83.1
🛒 Groceries≈ Equal
Greenville
96.3
Myrtle Beach
96.3
🚗 Transportation≈ Equal
Greenville
103.2
Myrtle Beach
103.2
🏥 Healthcare≈ Equal
Greenville
93.4
Myrtle Beach
93.4
Utilities0.9%
Greenville
88.8
Myrtle Beach
88

Salary Equivalency Calculator

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

$
Equivalent salary in Myrtle Beach, SC
$80,300
$300 more needed in Myrtle Beach

Formula: salary × (93.6 ÷ 93.3) = salary × 1.0032. Based on BEA Regional Price Parities.

Housing Market

Greenville, SC

Median Home Price
$303,000
Median Monthly Rent
$1,550
Housing Index
76.8
Price-to-Rent Ratio
16.3×

Myrtle Beach, SC

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

Myrtle Beach has 8.2% higher housing costs compared to Greenville.

Income & Job Market

Greenville, SC

Median Household Income
$69,400
Per Capita Income
$39,600
Unemployment Rate
3.5%
Population
72,885
Top Industries
ManufacturingHealthcareTechnologyAutomotiveFinance

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).

Greenville, SC
3.7×income-to-rent ratio

73% 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.