CostIndexUSA

Myrtle Beach, SC vs Sioux City, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

SC
Myrtle Beach
93.6
overall index
$1,700/mo rent
More AffordableIA
Sioux City
86.5
overall index
$1,150/mo rent

Sioux City is moderately cheaper than Myrtle Beach — 7.6% lower overall cost of living.

To match an $80,000 salary in Myrtle Beach, you would need $73,900 in Sioux City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing30.4%
Myrtle Beach
83.1
Sioux City
57.8
🛒 Groceries2.4%
Myrtle Beach
96.3
Sioux City
94
🚗 Transportation5.6%
Myrtle Beach
103.2
Sioux City
97.4
🏥 Healthcare5.7%
Myrtle Beach
93.4
Sioux City
88.1
Utilities6.0%
Myrtle Beach
88
Sioux City
82.7

Salary Equivalency Calculator

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

$
Equivalent salary in Sioux City, IA
$73,900
$6,100 less needed in Sioux City

Formula: salary × (86.5 ÷ 93.6) = salary × 0.9241. Based on BEA Regional Price Parities.

Housing Market

Myrtle Beach, SC

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

Sioux City, IA

Median Home Price
$211,000
Median Monthly Rent
$1,150
Housing Index
57.8
Price-to-Rent Ratio
15.3×

Myrtle Beach has 30.4% lower housing costs compared to Sioux City.

Income & Job Market

Myrtle Beach, SC

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

Sioux City, IA

Median Household Income
$70,700
Per Capita Income
$40,300
Unemployment Rate
3%
Population
82,684
Top Industries
HealthcareManufacturingAgricultureRetailEducation

Affordability at a Glance

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

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

70% of income left after rent (median)

Sioux City, IA
5.1×income-to-rent ratio

80% 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.