Lexington, SC vs Murrells Inlet, SC
There is a significant gap in the cost of living between these two cities. Lexington is 15.4% cheaper than Murrells Inlet. With a cost index of 96 vs 114, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lexington to Murrells Inlet should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lexington is $1,360/month compared to $1,702/month in Murrells Inlet — a 20% difference. Home values follow the same pattern: Lexington is more affordable at $271,200 median vs $355,800.
Median household income in Lexington is $83,263 compared to $75,438 in Murrells Inlet (+10.4%). Lexington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lexington spend roughly 19.6% of their income on rent, less than the 27.1% in Murrells Inlet.
Climate-wise, both cities share similar average temperatures (64.3°F vs 64°F). Murrells Inlet receives more rainfall at 48.5" per year compared to 45.2" in Lexington.
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