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Myrtle Beach, SC vs Chicago, IL

Moving from Myrtle Beach to Chicago? Here's what changes — from your equivalent salary to housing ($340,239 → $353,998 median home) and taxes.

Myrtle Beach, SC
Photo: w:User:Isipeoria via Commons · CC BY-SA 3.0
Chicago, IL
Photo: File:Chicago River ferry.jpg: John Picken derivative work: Georgfotoart via Commons · CC BY 2.0

Myrtle Beach vs Chicago at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Myrtle Beach, SC Chicago, IL Cost-of-living index Myrtle Beach, SC — Cost-of-living index: 94 94 Chicago, IL — Cost-of-living index: 102 102 Median home price Myrtle Beach, SC — Median home price: $340k $340k Chicago, IL — Median home price: $354k $354k Price per sqft Myrtle Beach, SC — Price per sqft: $170 $170 Chicago, IL — Price per sqft: $208 $208 Median rent Myrtle Beach, SC — Median rent: $1,726 $1,726 Chicago, IL — Median rent: $2,266 $2,266 Combined sales tax Myrtle Beach, SC — Combined sales tax: 7.4% 7.4% Chicago, IL — Combined sales tax: 8.9% 8.9% Property tax rate Myrtle Beach, SC — Property tax rate: 0.41% 0.41% Chicago, IL — Property tax rate: 2.11% 2.11% Violent crime /100k (state avg) Myrtle Beach, SC — Violent crime /100k (state avg): 530 530 Chicago, IL — Violent crime /100k (state avg): 430 430 Electricity ¢/kWh Myrtle Beach, SC — Electricity ¢/kWh: 17.1 17.1 Chicago, IL — Electricity ¢/kWh: 20.5 20.5 Avg commute (min) Myrtle Beach, SC — Avg commute (min): 23 23 Chicago, IL — Avg commute (min): 31 31 Avg summer high °F Myrtle Beach, SC — Avg summer high °F: 91° 91° Chicago, IL — Avg summer high °F: 85° 85° Avg winter low °F Myrtle Beach, SC — Avg winter low °F: 36° 36° Chicago, IL — Avg winter low °F: 15° 15°

To keep the same standard of living as $100,000 in Myrtle Beach, SC, you'd need about $107,708 in Chicago, IL (+$7,708).

Livability — Myrtle Beach, SC: 67 · Chicago, IL: 63 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,939 sqft in Myrtle Beach vs 2,402 sqft in Chicago ($170 vs $208 per sqft).

Annual cost breakdown (at $100,000)

CategoryMyrtle Beach, SCChicago, ILDifference
Housing $20,712 $27,192 +$6,480
Groceries $4,797 $5,215 +$418
Transportation $3,465 $3,550 +$85
Utilities $4,620 $4,800 +$180
Insurance $180 $180 +$0
Taxes $8,127 $8,051 −$76
Total $41,901 $48,988 +$7,087

Effective state & local tax rate on $100,000 — Myrtle Beach, SC: 8.1% · Chicago, IL: 8.1% (income + local + sales + property tax where applicable ÷ income)

Assumptions: 500 gal gasoline/yr · $5000 base annual grocery · 35% of income sales-taxable. Renter: housing = median rent, renter's insurance, no property tax.

Side by side

MetricMyrtle Beach, SCChicago, IL
Cost-of-living index93.8102.5
Unemployment rate5.41%6.19%
Population growth (5-yr)14.7%0.2%
Air quality (median AQI)4056
Big Mac price (est.)$5.34$5.83
Median home price$340,239$353,998
Home price ÷ income5.4×4.2×
1-yr home appreciation-0.6%4.4%
Price per square foot$170$208
Median rent$1,726$2,266
Total tax burden (state avg, Tax Foundation)8.9%12.9%
Combined sales tax7.44%8.86%
Capital gains tax6.40%4.95%
Property tax rate0.41%2.11%
Life expectancy at birth74.6 yrs78.2 yrs
Healthcare (annual)$6,500$6,800
Uninsured (share of residents)14.7%8.4%
Primary care providers / 100k6285
Childcare (annual, infant)$8,500$14,000
Vehicle property tax2.33%None
Days per year ≥ 90°F1618
Days per year ≥ 100°F01
Homes with air conditioning (state)95%96%
Avg commute (min)2331
Commute by driving alone78.3%63.6%
Home insurance / yr$2,000$1,900
Auto insurance / yr$1,900$1,600
FEMA risk index (0–100, higher = more risk)98.2 — Relatively High97.1 — Relatively High
Flood insurance / yr$900$700
Earthquake insurance / yr$350$300
Electricity ¢/kWh17.120.5
Gas $/gal3.053.60
Natural gas / mo$56$82
Water & sewer / mo$97$57
Home internet / mo$78$77
Violent crime /100k (state avg)530430
Avg summer high °F9185
Avg winter low °F3615
Annual precipitation (in)51.040.9
Annual snowfall (in)1.038.8
Sunshine (% possible)64%54%
Permit difficulty (1–5)24

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