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Myrtle Beach, SC vs New York, NY

Moving from Myrtle Beach to New York? Here's what changes — from your equivalent salary to housing ($340,239 → $727,625 median home) and taxes.

Myrtle Beach, SC
Photo: w:User:Isipeoria via Commons · CC BY-SA 3.0
New York, NY
Photo: Dllu via Commons · CC BY-SA 4.0

Myrtle Beach vs New York at a glance

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

Myrtle Beach, SC New York, NY Cost-of-living index Myrtle Beach, SC — Cost-of-living index: 94 94 New York, NY — Cost-of-living index: 113 113 Median home price Myrtle Beach, SC — Median home price: $340k $340k New York, NY — Median home price: $728k $728k Price per sqft Myrtle Beach, SC — Price per sqft: $170 $170 New York, NY — Price per sqft: $455 $455 Median rent Myrtle Beach, SC — Median rent: $1,726 $1,726 New York, NY — Median rent: $3,503 $3,503 Combined sales tax Myrtle Beach, SC — Combined sales tax: 7.4% 7.4% New York, NY — Combined sales tax: 8.5% 8.5% Property tax rate Myrtle Beach, SC — Property tax rate: 0.41% 0.41% New York, NY — Property tax rate: 1.74% 1.74% Violent crime /100k (state avg) Myrtle Beach, SC — Violent crime /100k (state avg): 530 530 New York, NY — Violent crime /100k (state avg): 350 350 Electricity ¢/kWh Myrtle Beach, SC — Electricity ¢/kWh: 17.1 17.1 New York, NY — Electricity ¢/kWh: 29.4 29.4 Avg commute (min) Myrtle Beach, SC — Avg commute (min): 23 23 New York, NY — Avg commute (min): 36 36 Avg summer high °F Myrtle Beach, SC — Avg summer high °F: 91° 91° New York, NY — Avg summer high °F: 83° 83° Avg winter low °F Myrtle Beach, SC — Avg winter low °F: 36° 36° New York, NY — Avg winter low °F: 16° 16°

To keep the same standard of living as $100,000 in Myrtle Beach, SC, you'd need about $132,391 in New York, NY (+$32,391).

Livability — Myrtle Beach, SC: 67 · New York, NY: 43 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,939 sqft in Myrtle Beach vs 1,099 sqft in New York ($170 vs $455 per sqft).

Annual cost breakdown (at $100,000)

CategoryMyrtle Beach, SCNew York, NYDifference
Housing $20,712 $42,036 +$21,324
Groceries $4,797 $5,415 +$617
Transportation $3,465 $3,895 +$430
Utilities $4,620 $6,312 +$1,692
Insurance $180 $180 +$0
Taxes $8,127 $12,290 +$4,163
Total $41,901 $70,127 +$28,226

Effective state & local tax rate on $100,000 — Myrtle Beach, SC: 8.1% · New York, NY: 12.3% (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, SCNew York, NY
Cost-of-living index93.8112.6
Unemployment rate5.41%6.55%
Population growth (5-yr)14.7%-1.4%
Air quality (median AQI)4052
Big Mac price (est.)$5.34$6.41
Median home price$340,239$727,625
Home price ÷ income5.4×7.8×
1-yr home appreciation-0.6%4.1%
Price per square foot$170$455
Median rent$1,726$3,503
Total tax burden (state avg, Tax Foundation)8.9%15.9%
Combined sales tax7.44%8.52%
Capital gains tax6.40%10.90%
Property tax rate0.41%1.74%
Life expectancy at birth74.6 yrs80.3 yrs
Healthcare (annual)$6,500$7,800
Uninsured (share of residents)14.7%6.9%
Primary care providers / 100k6284
Childcare (annual, infant)$8,500$17,000
Vehicle property tax2.33%None
Days per year ≥ 90°F1612
Days per year ≥ 100°F00
Homes with air conditioning (state)95%88%
Avg commute (min)2336
Commute by driving alone78.3%45.5%
Home insurance / yr$2,000$1,600
Auto insurance / yr$1,900$2,100
FEMA risk index (0–100, higher = more risk)98.2 — Relatively High96.8 — Relatively High
Flood insurance / yr$900$800
Earthquake insurance / yr$350$100
Electricity ¢/kWh17.129.4
Gas $/gal3.053.45
Natural gas / mo$56$98
Water & sewer / mo$97$87
Home internet / mo$78$76
Violent crime /100k (state avg)530350
Avg summer high °F9183
Avg winter low °F3616
Annual precipitation (in)51.049.5
Annual snowfall (in)1.029.8
Sunshine (% possible)64%58%
Permit difficulty (1–5)25

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