The Myrtle Beach area is currently in a buyer’s market. With prices stable to falling, now is a great time to consider purchasing condos in Myrtle Beach.
Known for its 120+ golf courses, many tourist attractions, and low cost of living, Myrtle Beach is a top US vacation destination and retirement location. For those from the north looking to vacation or relocate to Myrtle Beach SC, here are some comparisons that may help to sway your decision:
Look how $47,228 in Myrtle Beach has the equivalent buying power that $60,000 does in Baltimore:
|
Salary |
Comparable Myrtle Beach Salary |
|
|
Baltimore |
$60,000 |
$47,228 |
|
D.C. |
$60,000 |
$40,135 |
|
Philadelphia |
$60,000 |
$45,260 |
|
NYC(Manhattan) |
$60,000 |
$27,354 |
Percentages represent Myrtle Beach’s basic necessities compared to the cities listed.
|
|
NYC |
Baltimore |
D.C. |
Phila. |
Groceries
|
29.8% - Less |
4.6%- Less |
7.5%-Less |
19.0%-Less |
Housing
|
78.6% - Less |
47.3%- Less |
62.8%-Less |
44.5%-Less |
Utilities
|
38.5% - Less |
22.7%- Less |
23.9%-Less |
22.0%-Less |
Transportation
|
16.9% - Less |
10.6%- Less |
10.9%-Less |
10.2%-Less |
Healthcare
|
26.2% - Less |
9.5%- Less |
14.7%-Less |
15.4%-Less |
*Data is provided by ACCRA for Myrtle Beach SC, Baltimore, MD, District of Columbia, Philadelphia and New York City.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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