Myrtle Beach, SC vs Wade Hampton, SC

Wade Hampton is moderately more affordable than Myrtle Beach, with a 7.6% lower cost of living index. Myrtle Beach scores 96 compared to 89 for Wade Hampton, where the US average is 100. This difference means residents of Myrtle Beach can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Myrtle Beach is $1,132/month compared to $1,064/month in Wade Hampton — a 6% difference. Home values follow the same pattern: Wade Hampton is more affordable at $293,300 median vs $347,700.

Median household income in Myrtle Beach is $53,679 compared to $75,522 in Wade Hampton (-28.9%). Wade Hampton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Myrtle Beach spend roughly 25.3% of their income on rent, more than the 16.9% in Wade Hampton.

Climate-wise, both cities share similar average temperatures (64°F vs 63.3°F). Myrtle Beach receives more rainfall at 48.5" per year compared to 47" in Wade Hampton.