CostIndexUSA

Mount Vernon, WA vs Myrtle Beach, SC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

WA
Mount Vernon
102.4
overall index
$2,125/mo rent
More AffordableSC
Myrtle Beach
93.6
overall index
$1,700/mo rent

Myrtle Beach is moderately cheaper than Mount Vernon — 8.6% lower overall cost of living.

To match an $80,000 salary in Mount Vernon, you would need $73,100 in Myrtle Beach. Calculate your salary ↓

Category Breakdown

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

🏠 Housing23.2%
Mount Vernon
108.2
Myrtle Beach
83.1
🛒 Groceries8.3%
Mount Vernon
105
Myrtle Beach
96.3
🚗 Transportation1.1%
Mount Vernon
104.4
Myrtle Beach
103.2
🏥 Healthcare1.2%
Mount Vernon
94.5
Myrtle Beach
93.4
Utilities8.3%
Mount Vernon
96
Myrtle Beach
88

Salary Equivalency Calculator

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

$
Equivalent salary in Myrtle Beach, SC
$73,100
$6,900 less needed in Myrtle Beach

Formula: salary × (93.6 ÷ 102.4) = salary × 0.9141. Based on BEA Regional Price Parities.

Housing Market

Mount Vernon, WA

Median Home Price
$567,000
Median Monthly Rent
$2,125
Housing Index
108.2
Price-to-Rent Ratio
22.2×

Myrtle Beach, SC

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

Mount Vernon has 23.2% lower housing costs compared to Myrtle Beach.

Income & Job Market

Mount Vernon, WA

Median Household Income
$91,200
Per Capita Income
$52,000
Unemployment Rate
4.4%
Population
36,727
Top Industries
AgricultureHealthcareManufacturingRetailTourism

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).

Mount Vernon, WA
3.6×income-to-rent ratio

72% 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.