CostIndexUSA

Myrtle Beach, SC vs South Bend, IN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

SC
Myrtle Beach
93.6
overall index
$1,700/mo rent
More AffordableIN
South Bend
92.9
overall index
$1,375/mo rent

South Bend is slightly cheaper than Myrtle Beach — 0.7% lower overall cost of living.

To match an $80,000 salary in Myrtle Beach, you would need $79,400 in South Bend. Calculate your salary ↓

Category Breakdown

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

🏠 Housing10.2%
Myrtle Beach
83.1
South Bend
74.6
🛒 Groceries2.2%
Myrtle Beach
96.3
South Bend
94.2
🚗 Transportation+1.0%
Myrtle Beach
103.2
South Bend
104.2
🏥 Healthcare+1.0%
Myrtle Beach
93.4
South Bend
94.3
Utilities≈ Equal
Myrtle Beach
88
South Bend
87.7

Salary Equivalency Calculator

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

$
Equivalent salary in South Bend, IN
$79,400
$600 less needed in South Bend

Formula: salary × (92.9 ÷ 93.6) = salary × 0.9925. Based on BEA Regional Price Parities.

Housing Market

Myrtle Beach, SC

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

South Bend, IN

Median Home Price
$221,000
Median Monthly Rent
$1,375
Housing Index
74.6
Price-to-Rent Ratio
13.4×

Myrtle Beach has 10.2% lower housing costs compared to South Bend.

Income & Job Market

Myrtle Beach, SC

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

South Bend, IN

Median Household Income
$65,800
Per Capita Income
$37,500
Unemployment Rate
4.7%
Population
103,453
Top Industries
HealthcareEducationManufacturingFinanceRetail

Affordability at a Glance

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

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

70% of income left after rent (median)

South Bend, IN
4.0×income-to-rent ratio

75% 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.