Cost of Living in Myrtle Beach, South Carolina by Expense Category. Myrtle Beachs housing expenses are 30% lower than the national average and the utility prices are 18% higher than the national average. Transportation expenses like bus fares and gas prices are 8% lower than the national average.
How much is it to live in Myrtle Beach?
Myrtle Beach cost of living is 84.8COST OF LIVINGMyrtle BeachSouth CarolinaHealth98.8102.3Housing64.873.6Median Home Cost$149,800$170,100Utilities101.6103.94 more rows
Is Myrtle Beach affordable to live?
MYRTLE BEACH, S.C. – In a recent article released by USA Today, Myrtle Beach was named the number one affordable city “where everyone wants to live right now.” Each city on the list offers a cost of living that is lower than the national average and housing costs that are more in line with incomes.
Why are houses so cheap in Myrtle Beach?
Because the city has a dark side as well. The violent crime rate in Myrtle Beach is more than four times the national average, according to the most recent FBI data. Thats brought home prices down.
Is Myrtle Beach a good place to live?
Myrtle Beach offers a unique blend of modern living, historic communities, and family friendly areas for all ages. With a wide variety of fine dining, family attractions, and entertainment, Myrtle Beach is a great place to live.
Is Myrtle Beach for poor people?
The Poverty Rate across the state of South Carolina is 16.6%, meaning Myrtle Beach has a dramatically higher than average percentage of residents below the poverty line when compared to the rest of South Carolina .Poverty Rate in Myrtle Beach, South Carolina.CityPoverty RateMyrtle Beach23.8%North Myrtle Beach12.1%Red Hill23.6%Socastee21.1%6 more rows
What is so great about Myrtle Beach?
Myrtle Beach [13] is a major tourist destination along the South Atlantic coast of South Carolina. It is widely known for its wide beaches, large selection of challenging golf links, excellent seafood restaurants, and outlet-style shopping activities.
Why are Myrtle Beach hotels so cheap?
“Price driven” promoted vacations above user experience vacations tend to be less expensive for the tourist. The price driven model is the key reason Myrtle Beach Hotel rooms are so inexpensive. The price does tend to attract a higher percentage of 3 night only stay tourists to the city during peak summer season.
Which part of Myrtle Beach is bad?
The so called bad area of Myrtle Beach is usually considered the southern end of Myrtle Beach. Anywhere near the Airport is called bad. This area isnt bad its just older and more run down. The northern end is newer and alot nicer so its known ad the good end.
Which is nicer Hilton Head or Myrtle Beach?
In short, Hilton Head is a much more upscale place than Myrtle Beach. It doesnt have the in your face commercialism that you would find in places like Daytona and Cocoa Beach. Both have their pros and cons. If you have teenagers, they will enjoy Myrtle Beach more.
Why are hotels so expensive now?
Airfare and hotel rates are rising, driving up the cost of a trip. Demand for vacations has climbed as Covid cases fall and more attractions open. A lack of business-travel demand will likely keep a lid on prices for the next few months.
What is the crime rate in Myrtle Beach?
The rate of crime in Myrtle Beach is 51.08 per 1,000 residents during a standard year. People who live in Myrtle Beach generally consider the southwest part of the city to be the safest.
What is the bad part of Myrtle Beach?
The so called bad area of Myrtle Beach is usually considered the southern end of Myrtle Beach. Anywhere near the Airport is called bad. This area isnt bad its just older and more run down. The northern end is newer and alot nicer so its known ad the good end.