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North Myrtle Beach, SC vs Valley Falls, SC

99
North Myrtle Beach
South Carolina
VS
+24.4%
79
Valley Falls
South Carolina

There is a significant gap in the cost of living between these two cities. Valley Falls is 24.4% cheaper than North Myrtle Beach. With a cost index of 79 vs 99, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Valley Falls to North Myrtle Beach should plan for substantially higher expenses across most categories.

On the housing front, median rent in North Myrtle Beach is $1,171/month compared to $955/month in Valley Falls — a 23% difference. Home values follow the same pattern: Valley Falls is more affordable at $229,600 median vs $371,900.

Median household income in North Myrtle Beach is $72,111 compared to $55,671 in Valley Falls (+29.5%). 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 North Myrtle Beach spend roughly 19.5% of their income on rent, less than the 20.6% in Valley Falls.

Climate-wise, both cities share similar average temperatures (64°F vs 61.3°F). Valley Falls receives more rainfall at 49.7" per year compared to 48.5" in North Myrtle Beach.

Income & Cost

Cost of Living Index
North Myrtle Beach
99
Valley Falls
79
20% cheaper
Median Household Income
North Myrtle Beach
$72,111
23% higher
Valley Falls
$55,671

Housing

Median Rent
North Myrtle Beach
$1,171
Valley Falls
$955
18% cheaper
Median Home Value
North Myrtle Beach
$371,900
Valley Falls
$229,600
38% cheaper
Population
North Myrtle Beach
19,343
Valley Falls
7,249

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
North Myrtle Beach $2.94
Valley Falls $2.94
US $3.07
🥚
Eggs (grade A, large)
North Myrtle Beach $2.40
Valley Falls $2.40
US $2.50
🥛
Milk (whole)
North Myrtle Beach $3.86
Valley Falls $3.86
US $4.03
🍞
Bread (white)
North Myrtle Beach $1.78
Valley Falls $1.78
US $1.85
🍗
Chicken breast
North Myrtle Beach $3.97
Valley Falls $3.97
US $4.14
Electricity
North Myrtle Beach $0.16
Valley Falls $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
North Myrtle Beach 64°F
Valley Falls 61.3°F
Summer High
North Myrtle Beach 88°F
Valley Falls 90°F
Winter Low
North Myrtle Beach 37°F
Valley Falls 32°F
Rainfall
North Myrtle Beach 48.5"
Valley Falls 49.7"
Rainy Days
North Myrtle Beach 122d
Valley Falls 117d