CostIndexUSA

Hartford, CT vs Myrtle Beach, SC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CT
Hartford
102.7
overall index
$1,875/mo rent
More AffordableSC
Myrtle Beach
93.6
overall index
$1,700/mo rent

Myrtle Beach is moderately cheaper than Hartford — 8.9% lower overall cost of living.

To match an $80,000 salary in Hartford, you would need $72,900 in Myrtle Beach. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing24.6%
Hartford
110.2
Myrtle Beach
83.1
🛒 Groceries1.0%
Hartford
97.3
Myrtle Beach
96.3
🚗 Transportation4.3%
Hartford
107.8
Myrtle Beach
103.2
🏥 Healthcare4.2%
Hartford
97.5
Myrtle Beach
93.4
Utilities39.3%
Hartford
144.9
Myrtle Beach
88

Salary Equivalency Calculator

Enter your current salary in Hartford to see what you'd need to earn in Myrtle Beach to maintain the same purchasing power.

$
Equivalent salary in Myrtle Beach, SC
$72,900
$7,100 less needed in Myrtle Beach

Formula: salary × (93.6 ÷ 102.7) = salary × 0.9114. Based on BEA Regional Price Parities.

Housing Market

Hartford, CT

Median Home Price
$377,000
Median Monthly Rent
$1,875
Housing Index
110.2
Price-to-Rent Ratio
16.8×

Myrtle Beach, SC

Median Home Price
$334,000
Median Monthly Rent
$1,700
Housing Index
83.1
Price-to-Rent Ratio
16.4×

Hartford has 24.6% lower housing costs compared to Myrtle Beach.

Income & Job Market

Hartford, CT

Median Household Income
$92,200
Per Capita Income
$52,600
Unemployment Rate
4.3%
Population
121,054
Top Industries
FinanceInsuranceHealthcareGovernmentEducation

Myrtle Beach, SC

Median Household Income
$69,000
Per Capita Income
$39,300
Unemployment Rate
3.5%
Population
34,695
Top Industries
TourismHealthcareRetailReal EstateHospitality

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Hartford, CT
4.1×income-to-rent ratio

76% of income left after rent (median)

Myrtle Beach, SC
3.4×income-to-rent ratio

70% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.