States › South Carolina › North Myrtle Beach

Is North Myrtle Beach, SC expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,38621% lower than U.S. average
💵 Families earn per year (2026)$78,431about $6,536/month · 10% lower than U.S. average
🔑 House price$416,90025% higher than U.S. average

Rent is lower than in 64% of U.S. cities. A typical house costs about 5.3 years of household income. Most homes (82.2%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $55,440 a year. That is $27 an hour at a full-time job.

Is rent cheaper than other South Carolina cities?

Yes. Rent here is cheaper than in most of South Carolina. It is number 47 of 101 cities from cheapest to most expensive.

North Myrtle Beach
$1,386
$1,940
$1,186

How much do households earn in North Myrtle Beach?

Under $25k
13.3%
$25k–50k
24.8%
$50k–100k
30.4%
$100k–150k
15.5%
$150k+
12.9%

Share of households by yearly income. 28.3% of households earn $100,000 or more.

Rent by apartment size in North Myrtle Beach

SizeNorth Myrtle BeachU.S. average
Studio$1,109$1,338
1 bedroom$1,138$1,324
2 bedrooms$1,332$1,509
3 bedrooms$1,501$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is North Myrtle Beach overall?

Everyday prices in the Myrtle Beach-Conway-North Myrtle Beach metro area are 6% below the U.S. average (index 93.6, U.S. = 100).

Housing
83
Goods (food, clothes…)
96
Utilities
88
Other services
98
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in North Myrtle Beach

🏛️ Property tax$1,453a year · 0.35% of home value · U.S. $3,119
⚡ Electric bill$137a month (typical) · U.S. $156

Life in North Myrtle Beach

Commute to work22 minU.S.: 26.4 min
College degree39.9%U.S.: 35.7%
Own their home82.2%U.S.: 65.2%
Below poverty line7.4%U.S.: 12.5%
Unemployment4%U.S.: 5.2%

What jobs pay in North Myrtle Beach

JobMedian payRent / pay
Pharmacist$135,41012.3%
Physician Assistant$125,70013.2%
Nurse Practitioner$121,39013.7%
Lawyer$118,95014.0%
Civil Engineer$90,15018.4%
Operations Manager$87,26019.1%
Computer Systems Analyst$83,76019.9%
Dental Hygienist$80,90020.6%
Registered Nurse$80,64020.6%
Accountant$74,52022.3%
Police Officer$62,07026.8%
Licensed Practical Nurse$58,93028.2%
Market Research Analyst$57,84028.8%
HVAC Technician$54,23030.7%
Electrician$51,20032.5%
Plumber$48,34034.4%
Carpenter$47,75034.8%
Truck Driver$46,36035.9%
Firefighter$45,89036.2%
Medical Assistant$38,95042.7%
Nursing Assistant$36,52045.5%
Customer Service Representative$36,51045.6%
Warehouse Worker$35,53046.8%
Restaurant Cook$35,19047.3%
Retail Salesperson$29,32056.7%
Cashier$27,85059.7%
Server (Waiter/Waitress)$17,35095.9%

Is it cheaper to rent or buy in North Myrtle Beach?

Renting is cheaper right now: about $1,507 a month less.

Renting
$1,386
Owning
$2,893

Owning assumes a typical $416,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $41,690 for the down payment.

Frequently asked questions

What is the average rent in North Myrtle Beach, SC?

Renting in North Myrtle Beach costs a median of about $1,386 a month in 2026, including utilities. The South Carolina median is $1,479.

How much do I need to make to live in North Myrtle Beach?

To keep rent under 30% of income, you need about $55,440 a year, or $27 an hour at a full-time job.

Is North Myrtle Beach cheap or expensive?

North Myrtle Beach is rated OK: rent takes 21.2% of the typical household income of $78,431. It ranks 47th cheapest of 101 South Carolina cities we track.

How much are property taxes in North Myrtle Beach?

The median homeowner in North Myrtle Beach pays $1,453 a year in property taxes, about 0.35% of the median home value.

Is North Myrtle Beach more expensive than the national average?

Overall prices in the metro area are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in North Myrtle Beach?

The median home value in North Myrtle Beach is $416,900, about 5.3 times the typical yearly household income.

19,855 people live in North Myrtle Beach. Numbers are typical (middle) values.