Florence, SC vs Myrtle Beach, SC
Cost of Living Comparison
Florence, SC is more affordable by 6.9 index points
Side-by-Side Comparison
| Category | Florence, SC | Myrtle Beach, SC | Difference |
|---|---|---|---|
| Overall | 86.8 | 93.6 | -6.9 |
| Housing | 52.4 | 83.1 | -30.7 |
| Goods | 96.3 | 96.3 | 0.0 |
| Utilities | 87.7 | 88.0 | -0.3 |
| Other Services | 98.3 | 98.3 | 0.0 |
Income & Housing Comparison
| Metric | Florence, SC | Myrtle Beach, SC |
|---|---|---|
| Median Household Income | $52,401 | $63,296 |
| Median Home Value | $150,300 | $247,600 |
| Median Monthly Rent | $848 | $1,138 |
| Per Capita Income | $30,130 | $36,432 |
Frequently Asked Questions
Is Florence, SC or Myrtle Beach, SC cheaper to live in?
Florence, SC is more affordable. The cost of living difference is 6.9 index points (Florence, SC: 86.8, Myrtle Beach, SC: 93.6).
Where is housing cheaper, Florence, SC or Myrtle Beach, SC?
Housing is more affordable in Florence, SC. Housing index: Florence, SC (52.4) vs Myrtle Beach, SC (83.1).