CostIndexUSA

Myrtle Beach, SC vs Spartanburg, SC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

SC
Myrtle Beach
93.6
overall index
$1,700/mo rent
More AffordableSC
Spartanburg
91.1
overall index
$1,400/mo rent

Spartanburg is slightly cheaper than Myrtle Beach — 2.7% lower overall cost of living.

To match an $80,000 salary in Myrtle Beach, you would need $77,900 in Spartanburg. Calculate your salary ↓

Category Breakdown

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

🏠 Housing18.2%
Myrtle Beach
83.1
Spartanburg
68
🛒 Groceries≈ Equal
Myrtle Beach
96.3
Spartanburg
96.3
🚗 Transportation≈ Equal
Myrtle Beach
103.2
Spartanburg
103.2
🏥 Healthcare≈ Equal
Myrtle Beach
93.4
Spartanburg
93.4
Utilities≈ Equal
Myrtle Beach
88
Spartanburg
88.3

Salary Equivalency Calculator

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

$
Equivalent salary in Spartanburg, SC
$77,900
$2,100 less needed in Spartanburg

Formula: salary × (91.1 ÷ 93.6) = salary × 0.9733. 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×

Spartanburg, SC

Median Home Price
$272,000
Median Monthly Rent
$1,400
Housing Index
68
Price-to-Rent Ratio
16.2×

Myrtle Beach has 18.2% lower housing costs compared to Spartanburg.

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

Spartanburg, SC

Median Household Income
$61,200
Per Capita Income
$34,900
Unemployment Rate
4.2%
Population
38,732
Top Industries
ManufacturingHealthcareAutomotiveEducationRetail

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)

Spartanburg, SC
3.6×income-to-rent ratio

73% 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.