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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

$1,601 as of June 2024. Cost varies depending on several factors including location and size.

Source: RentCafe

Average New Home Cost

$307,680 as of June 2024.

Source: Zillow

Average Electric Bill

$78.27 (average resdiental monthly electricity bill)

Source: FindEnergy.com, as of June 2024.

Average Gasoline Price per Gallon

$3.082 (regular unleaded gasoline)

Source: GasPrices.aa.com, as of June 2024.

What’s Happening

Matt Pivarnik Named President & CEO of Myrtle Beach Area Chamber and CVB

Following a comprehensive, community-driven search, the Myrtle Beach Area Chamber of Commerce (MBACC) and Convention and Visitors Bureau (CVB) proudly announces Matthew “Matt” Pivarnik, IOM, CCE, will serve as the [...]

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2025 Annual Meeting Award Finalists

The Myrtle Beach Area Chamber of Commerce is excited to announce the finalists for our 2025 Annual Meeting Awards! Each year, we honor businesses, organizations, and individuals who have made [...]

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