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Increase your buying power....buy more for less in Myrtle Beach

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.

Posted Thursday Jun 19

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