Hendersonville, NC vs North Myrtle Beach, SC

Hendersonville, NC and North Myrtle Beach, SC have a very similar cost of living, with only a 4.3% difference in their overall index. Hendersonville scores 95 while North Myrtle Beach scores 99 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hendersonville is $1,232/month compared to $1,171/month in North Myrtle Beach — a 5% difference. Interestingly, home values tell a different story: while North Myrtle Beach has cheaper rent, Hendersonville actually has lower median home values ($282,500 vs $371,900).

Median household income in Hendersonville is $52,337 compared to $72,111 in North Myrtle Beach (-27.4%). While North Myrtle Beach is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hendersonville spend roughly 28.2% of their income on rent, more than the 19.5% in North Myrtle Beach.