Myrtle Beach, SC vs Palm Bay, FL
Cost of Living Comparison
Myrtle Beach, SC is more affordable by 6.4 index points
Side-by-Side Comparison
| Category | Myrtle Beach, SC | Palm Bay, FL | Difference |
|---|---|---|---|
| Overall | 93.6 | 100.0 | -6.4 |
| Housing | 83.1 | 111.7 | -28.6 |
| Goods | 96.3 | 96.2 | +0.1 |
| Utilities | 88.0 | 88.1 | -0.1 |
| Other Services | 98.3 | 98.9 | -0.6 |
Income & Housing Comparison
| Metric | Myrtle Beach, SC | Palm Bay, FL |
|---|---|---|
| Median Household Income | $63,296 | $71,308 |
| Median Home Value | $247,600 | $278,000 |
| Median Monthly Rent | $1,138 | $1,327 |
| Per Capita Income | $36,432 | $40,111 |
Frequently Asked Questions
Is Myrtle Beach, SC or Palm Bay, FL cheaper to live in?
Myrtle Beach, SC is more affordable. The cost of living difference is 6.4 index points (Myrtle Beach, SC: 93.6, Palm Bay, FL: 100.0).
Where is housing cheaper, Myrtle Beach, SC or Palm Bay, FL?
Housing is more affordable in Myrtle Beach, SC. Housing index: Myrtle Beach, SC (83.1) vs Palm Bay, FL (111.7).