North Myrtle Beach, SC vs Summerville, SC
North Myrtle Beach, SC and Summerville, SC have a very similar cost of living, with only a 3.6% difference in their overall index. North Myrtle Beach scores 99 while Summerville scores 103 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 North Myrtle Beach is $1,171/month compared to $1,414/month in Summerville — a 17% difference. Interestingly, home values tell a different story: while North Myrtle Beach has cheaper rent, Summerville actually has lower median home values ($295,700 vs $371,900).
Median household income in North Myrtle Beach is $72,111 compared to $78,621 in Summerville (-8.3%). While Summerville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of North Myrtle Beach spend roughly 19.5% of their income on rent, less than the 21.6% in Summerville.
Climate-wise, both cities share similar average temperatures (64°F vs 66.5°F). Summerville receives more rainfall at 52.5" per year compared to 48.5" in North Myrtle Beach.
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