Florence, SC vs Myrtle Beach, SC: Cost of Living Comparison
Florence has the lower overall cost of living. (100 = US national average)
Category-by-Category Comparison
| Category | Florence | Myrtle Beach | Cheaper |
|---|---|---|---|
| Overall cost of living | 74 | 95 | Florence |
| Housing | 55 ($645) | 100 ($792) | Florence |
| Transportation | 104 ($3.50) | 101 ($3.50) | Myrtle Beach |
| Food & groceries | 76 ($312) | 72 ($295) | Myrtle Beach |
| Utilities | 78 ($99) | 100 ($180) | Florence |
| Healthcare | 78 ($72) | 100 ($130) | Florence |
| Median annual wage | 96 ($46,490) | 96 ($46,490) | Tie |
Index 100 = US national average. Lower = cheaper. For wage, higher = better.
Frequently Asked Questions
Is Florence, SC or Myrtle Beach, SC cheaper to live in?
Florence, SC is cheaper overall by about 21 index points (Florence, SC: 74, Myrtle Beach, SC: 95; 100 = US national average).
What salary do I need in Florence, SC vs Myrtle Beach, SC?
A single adult needs roughly $25,900/year in Florence, SC and $33,250/year in Myrtle Beach, SC to cover basic living costs.