How much does it cost to live in Myrtle Beach?

CostLiving tracks Myrtle Beach at $1,965 a month on a budget, $3,275 at the moderate tier, and $5,075 for a comfortable single-person lifestyle, with the luxury standard at $7,860. The moderate figure buys a solid one-bedroom a short drive from the beach, a car and its running costs, groceries, utilities, and a normal social life in a town built around eating out and golf. Where you land within that range depends heavily on the oceanfront question: rent and home prices on or near the strand carry a clear premium, while inland neighbourhoods and nearby communities like Conway or Socastee cost noticeably less for the same space. Two lines deserve early attention. Home insurance is higher than inland America because of hurricane and coastal-flood exposure, so factor it in whether you rent or buy. And the local economy is seasonal, so summer brings higher prices and traffic while winter is quiet and cheaper. On the plus side, South Carolina’s low property taxes and modest state income tax keep the fixed costs down, which is part of why the town draws so many retirees and remote workers. For the wider US context, see our USA cost of living insight. Full tier breakdown on our Myrtle Beach cost of living page.