Cost Of Living - Myrtle Beach Real Estate South Carolina

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Every quarter ACCRA complies and publishes its Cost of Living Index, a comparison of the cost of living in more than 300 cities and areas across the country. Listed below are just a few examples of how Myrtle Beach compares to the rest of the nation, based upon data collected in January 2005. A composite index score of 100 is the national average.

City	Comp. Index	Grocery	Housing	Utilities	Transportation	Health Care	Misc Goods/Services
New York, NY	203.9	142.6	373.2	153.4	113.6	138.4	131.6
Washington, DC	14O.O	105.3	214.1	105.2	111.2	120.5	111.1
Detroit, MI	103.8	99.3	112.3	98.6	99.3	101.2	101.2
West Palms, FL	112.7	108.9	120.5	103.O	112.O	105.8	111.3
Hilton Head, SC	100.9	107.9	97.9	88.5	100.3	95.5	105.O
Baton Rouge, LA	102.1	106.3	93.4	118.5	94.1	99.O	105.5
Wilmington, NC	99.4	104.7	94.4	97.3	102.O	100.9	101.4
Virginia Beach, VA	97.1	94.2	94.8	115.4	96.9	96.9	94.9
Charleston, SC	96.9	99.6	92.1	98.O	100.4	100.4	98.2
Atlanta, GA	96.O	95.O	91.6	86.7	106.3	110.4	98.3
Raleigh, NC	93.8	102.6	75.8	102.6	107.4	109.5	97.6
Myrtle Beach, SC	92.4	102.O	79.6	91.1	97.5	92.O	98.5
Toledo, OH	97.2	102.4	83.4	112.7	105.O	91.3	100.9
Greenville, NC	93.9	103.3	86.3	93.1	97.7	97.9	95.6
Knoxville, TN	87.5	90.2	74.1	90.1	87.8	90.1	96.4

Average Prices: Source: ACCRA Cost of Living Index (data collected in January 2005)

Apartment Rent - $606
(two bedrooms- two baths, unfurnished, approx. 950 square feet, excluding utilities except water and sewer)

New Home - $219,470
(2,400 square feet of living area, conventionally built on site, three bedrooms, two baths, two car garage)

Electric Bill - $122.41
(based on 1,800 square feet of living area)

Phone Charges - $24.50
(private residence, excluding long-distance service)

Movie Ticket - $7.63
(recent release, indoor theater, evening rates)

Demographics:

Horry County (pronounced Or-REE)
Population: 217,608 within the 1,134 square
Land area: 1,134 square miles
Per Capita Personal Income: $25,266
Total Number of Households: 81,800

Georgetown County
Population: 59,790
Land Area: 815 square miles
Per Capita Personal Income: $26,614
Total of Households: 21,659

Information is deemed reliable but not guaranteed. It has been compiled from various resources and edited for presentation by The Hoffman Group.