CostIndexUSA

Myrtle Beach, SC vs St. Paul, MN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableSC
Myrtle Beach
93.6
overall index
$1,700/mo rent
MN
St. Paul
104.8
overall index
$1,675/mo rent

Myrtle Beach is moderately cheaper than St. Paul — 12.0% lower overall cost of living.

To match an $80,000 salary in Myrtle Beach, you would need $89,600 in St. Paul. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+34.5%
Myrtle Beach
83.1
St. Paul
111.8
🛒 Groceries+7.1%
Myrtle Beach
96.3
St. Paul
103.1
🚗 Transportation+6.2%
Myrtle Beach
103.2
St. Paul
109.6
🏥 Healthcare+6.2%
Myrtle Beach
93.4
St. Paul
99.2
Utilities+6.3%
Myrtle Beach
88
St. Paul
93.5

Salary Equivalency Calculator

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

$
Equivalent salary in St. Paul, MN
$89,600
$9,600 more needed in St. Paul

Formula: salary × (104.8 ÷ 93.6) = salary × 1.1197. 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×

St. Paul, MN

Median Home Price
$374,000
Median Monthly Rent
$1,675
Housing Index
111.8
Price-to-Rent Ratio
18.6×

St. Paul has 34.5% higher housing costs compared to Myrtle Beach.

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

St. Paul, MN

Median Household Income
$95,100
Per Capita Income
$54,200
Unemployment Rate
2.9%
Population
311,527
Top Industries
HealthcareFinanceEducationGovernmentManufacturing

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)

St. Paul, MN
4.7×income-to-rent ratio

79% 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.