CostIndexUSA

Myrtle Beach, SC vs Tuscaloosa, AL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

SC
Myrtle Beach
93.6
overall index
$1,700/mo rent
More AffordableAL
Tuscaloosa
87.7
overall index
$1,525/mo rent

Tuscaloosa is moderately cheaper than Myrtle Beach — 6.3% lower overall cost of living.

To match an $80,000 salary in Myrtle Beach, you would need $75,000 in Tuscaloosa. Calculate your salary ↓

Category Breakdown

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

🏠 Housing30.0%
Myrtle Beach
83.1
Tuscaloosa
58.2
🛒 Groceries≈ Equal
Myrtle Beach
96.3
Tuscaloosa
96.4
🚗 Transportation1.6%
Myrtle Beach
103.2
Tuscaloosa
101.5
🏥 Healthcare1.6%
Myrtle Beach
93.4
Tuscaloosa
91.9
Utilities4.1%
Myrtle Beach
88
Tuscaloosa
84.4

Salary Equivalency Calculator

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

$
Equivalent salary in Tuscaloosa, AL
$75,000
$5,000 less needed in Tuscaloosa

Formula: salary × (87.7 ÷ 93.6) = salary × 0.9370. 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×

Tuscaloosa, AL

Median Home Price
$213,000
Median Monthly Rent
$1,525
Housing Index
58.2
Price-to-Rent Ratio
11.6×

Myrtle Beach has 30.0% lower housing costs compared to Tuscaloosa.

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

Tuscaloosa, AL

Median Household Income
$58,200
Per Capita Income
$33,200
Unemployment Rate
5.9%
Population
99,543
Top Industries
EducationHealthcareManufacturingAutomotiveGovernment

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)

Tuscaloosa, AL
3.2×income-to-rent ratio

69% 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.