Residential comparison · 13 facts
Florence, SC vs Myrtle Beach, SC
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Florence needs about $93,500 in Myrtle Beach to keep the same lifestyle.
Coming from Myrtle Beach, $85,000 of lifestyle costs about $76,500 in Florence.
A few differences
- Myrtle Beach is higher on median household income ($60,394 vs $56,143).
- Florence is lower on cost of living index (80 vs 94).
- Florence is lower on 2-bedroom rent ($938/mo vs $1,212/mo).
Florence vs Myrtle Beach · facet by facet
| Facet | Florence, SC | Myrtle Beach, SC |
|---|---|---|
| Median home price | $211,400 | $388,800 |
| 2-bedroom rent | $938/mo | $1,212/mo |
| Property tax rate | 0.55% | 0.55% |
| State & local income tax | 3.39% | 3.39% |
| Sales tax | 7.5% | 7.5% |
| Cost of living index | 80 | 94 |
| Groceries index | 98 | 98 |
| Utilities | $175/mo | $175/mo |
| Median household income | $56,143 | $60,394 |
| Unemployment rate | 3.5% | 3.5% |
| Crime index | 65/100 | 65/100 |
| School rating | 5.0/10 | 5.0/10 |
| Sunny days / year | 220 days | 220 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Florence, SC · Myrtle Beach, SC
Questions & answers
- Is Florence cheaper than Myrtle Beach?
- Florence has the lower day-to-day cost index (80 vs 94 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Myrtle Beach equals $85,000 in Florence?
- A household earning $85,000 in Florence needs about $93,500 in Myrtle Beach to keep the same lifestyle; coming the other way, $85,000 of Myrtle Beach lifestyle costs about $76,500 in Florence.