Do The Math And See Why Myrtle Beach Is A Great Choice!
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
Public Statement: MBACC Commends Myrtle Beach City Council’s Support of Downtown
The Myrtle Beach Area Chamber of Commerce commends Myrtle Beach City Council’s unanimous approval of the Downtown Municipal Improvement District and the continued work of our partners at the Myrtle [...]
Read MoreMyrtle Beach Area Chamber Supports South Carolina Small Business Hospitality and Tourism Summit
Small business owners, entrepreneurs and hospitality professionals from across the region gathered at Horry-Georgetown Technical College for the South Carolina Small Business Hospitality and Tourism Summit, a day focused on [...]
Read MoreJun



