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Cost Of Living Calculator

Every quarter The Cost of Living Index (COLI) COLI compiles and publishes The Cost of Living Index, a comparison of the cost of living in more than 300 cities and areas across the country. Participating agencies such as chambers of commerce collect prices on nearly 60 different products and services. In an effort to control random error in the analysis of the data, agencies are expected to collect the same data at the same time for every quarter of the year. The Cost of Living Calculator compares the cost of living differences between your community and other communities across the United States.

Cost of Living Calculator Source: The Cost of Living Index (COLI)


Average Apartment Rent

$1,655 as of July 2025. Cost varies depending on several factors including location and size.

Source: RentCafe

Average New Home Cost

$324,722 as of July 2025.

Source: Zillow

Average Electric Bill

$139.97 (average residential monthly electricity bill)

Source: FindEnergy.com, as of July 2025.

Average Gasoline Price per Gallon

$2.813 (regular unleaded gasoline)

Source: GasPrices.aa.com, as of July 2025.

What’s Happening

Membership Renewals: Frequently Asked Questions

The Greater Myrtle Beach Collaborative introduced new membership investment levels in July 2026 to better align membership opportunities with businesses of different sizes, engagement levels, leadership roles and national standards.  This model creates more opportunities for businesses to [...]

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What Restaurants Need to Know About South Carolina’s New Shrimp Disclosure Law

South Carolina restaurants will soon need to let diners know where their shrimp was caught. A law signed by Gov. Henry McMaster on June 30 requires new signage and menu [...]

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