Moncks Corner, SC vs Myrtle Beach, SC

Moncks Corner, SC and Myrtle Beach, SC have a very similar cost of living, with only a 1.9% difference in their overall index. Moncks Corner scores 98 while Myrtle Beach scores 96 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 Moncks Corner is $1,203/month compared to $1,132/month in Myrtle Beach — a 6% difference. Interestingly, home values tell a different story: while Myrtle Beach has cheaper rent, Moncks Corner actually has lower median home values ($312,800 vs $347,700).

Median household income in Moncks Corner is $91,516 compared to $53,679 in Myrtle Beach (+70.5%). While Moncks Corner is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Moncks Corner spend roughly 15.8% of their income on rent, less than the 25.3% in Myrtle Beach.

Climate-wise, both cities share similar average temperatures (66.5°F vs 64°F). Moncks Corner receives more rainfall at 52.5" per year compared to 48.5" in Myrtle Beach.