North Myrtle Beach, SC vs Welcome, SC

There is a significant gap in the cost of living between these two cities. Welcome is 29.8% cheaper than North Myrtle Beach. With a cost index of 76 vs 99, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Welcome 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 $992/month in Welcome — a 18% difference. Home values follow the same pattern: Welcome is more affordable at $164,100 median vs $371,900.

Median household income in North Myrtle Beach is $72,111 compared to $61,948 in Welcome (+16.4%). The higher salaries in North Myrtle Beach partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of North Myrtle Beach spend roughly 19.5% of their income on rent, more than the 19.2% in Welcome.

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