Median rent is 27% lower in Myrtle Beach ($1,261/mo vs $1,729/mo). Buying is cheaper in Myrtle Beach, where the median home runs $388,800 versus $555,300. Households earn more in Austin ($93,658 vs $60,394 a year).
City A
Austin, TX
City B
Myrtle Beach, SC
How much would you need to earn in Myrtle Beach, SC to maintain your standard of living from Austin, TX?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
Austin
Texas
Myrtle Beach
South Carolina
Population
Median Household Income
Annual
Median Gross Rent
Per month
Median Home Value
Cost of Living Index
US avg = 100
1BR Fair Market Rent
HUD FMR
2BR Fair Market Rent
HUD FMR
3BR Fair Market Rent
HUD FMR
Air Quality Index
Lower = cleaner
Top State Income Tax
Top marginal rate
State Sales Tax
Statewide base rate
Median Age
Years
✓ = better value · Sources: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Myrtle Beach — median rent of $1,261/mo versus $1,729/mo in Austin, a 27% difference. Home buyers face a steeper market in Austin: the median home is $555,300 versus $388,800 in Myrtle Beach — 30% more expensive.
Metric
Austin
Myrtle Beach
Software Developer
Registered Nurse
Elementary Teacher
Electrician
Accountant
Higher wage highlighted · BLS OEWS 2023 (metro-level data)
State tax data is not yet available for these cities.
Austin
Income tax: N/A
Sales tax: N/A
Myrtle Beach
Income tax: N/A
Sales tax: N/A
Air quality data is available for Austin (avg AQI 65.0) but not yet for Myrtle Beach.
Pick Austin if you prioritize higher median household income ($93,658/yr).
Pick Myrtle Beach if you prioritize cheaper rent ($1,261/mo median).
Cost of living index data is not yet available for one or both cities.
Median rent is $1,729/mo in Austin, TX and $1,261/mo in Myrtle Beach, SC. Myrtle Beach, SC has the lower rent by about 27%.
Median household income is $93,658 in Austin, TX and $60,394 in Myrtle Beach, SC. Austin, TX has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Air quality data is not yet available for one or both cities.
State tax data is not yet available for one or both cities.
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
