Myrtle Beach-Conway-North Myrtle Beach vs Chicago-Naperville-Elgin

Cost of living comparison based on BEA Regional Price Parities. Chicago-Naperville-Elgin is 10.6% more expensive than Myrtle Beach-Conway-North Myrtle Beach.

10.6% more expensive

Chicago-Naperville-Elgin, IL-IN is 10.6% more expensive than Myrtle Beach-Conway-North Myrtle Beach, SC on BEA Regional Price Parities (overall RPP 103.6 vs 93.6). A $100,000 salary in Myrtle Beach-Conway-North Myrtle Beach buys about the same as $110,629 in Chicago-Naperville-Elgin; the largest component gap is rents.

  • Overall RPP 93.6 (Myrtle Beach-Conway-North Myrtle Beach) vs 103.6 (Chicago-Naperville-Elgin)
  • $100k in Myrtle Beach-Conway-North Myrtle Beach ≈ $110,629 purchasing power in Chicago-Naperville-Elgin
  • Rents drives the gap (+28.9 RPP points)

RPP parity plate

Pair SC:IL 93.6→103.6

TIER-GAP · CROSS-STATE · SPLIT-BUDGET · BENCH-CROSS · PP-SHIFT

  • TIER-GAP Clear tier gap
  • CROSS-STATE SC × IL
  • SPLIT-BUDGET Split budget
  • BENCH-CROSS Benchmark cross
  • PP-SHIFT PP shift

Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.

Category Breakdown

Visual Comparison

Overall
Myrtle Beach-Conway-North Myrtle Beach
93.6
Chicago-Naperville-Elgin
103.6
Goods
Myrtle Beach-Conway-North Myrtle Beach
96.3
Chicago-Naperville-Elgin
107.3
Services
Myrtle Beach-Conway-North Myrtle Beach
88.0
Chicago-Naperville-Elgin
83.6
Rents
Myrtle Beach-Conway-North Myrtle Beach
83.1
Chicago-Naperville-Elgin
112.0

Vertical line = national average (100)

What This Comparison Actually Tells You

Rents creates the largest separation: Chicago-Naperville-Elgin is 28.9 points higher. But services move against the overall direction, so this is a split budget rather than a clean across-the-board winner.

Myrtle Beach-Conway-North Myrtle Beach, SC and Chicago-Naperville-Elgin, IL-IN sit in clearly different price tiers, separated by 10.0 RPP points. At this distance, treating the same nominal salary as equivalent would materially change purchasing power.

This route crosses the national benchmark: Chicago-Naperville-Elgin is above 100 while Myrtle Beach-Conway-North Myrtle Beach is below it. That makes the move a change of price regime, not merely a rank swap.

Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.

For a housing-sensitive move, validate the rent gap first: HUD Fair Market Rent and the actual unit size can overturn what the blended index implies. On the BEA ratio alone, $100,000 in Myrtle Beach-Conway-North Myrtle Beach corresponds to $110,629 in Chicago-Naperville-Elgin.

Myrtle Beach-Conway-North Myrtle Beach
93.6
Cost Index
Chicago-Naperville-Elgin
103.6
Cost Index

Salary Equivalents

What a salary in Myrtle Beach-Conway-North Myrtle Beach would need to be in Chicago-Naperville-Elgin for the same purchasing power:

In Myrtle Beach-Conway-North Myrtle Beach In Chicago-Naperville-Elgin Difference
$50,000 $55,314 +$5,314
$75,000 $82,972 +$7,972
$100,000 $110,629 +$10,629
$150,000 $165,943 +$15,943
$ in Myrtle Beach-Conway-North Myrtle Beach = in Chicago-Naperville-Elgin

Same BEA Regional Price Parity ratio as the table above (93.6 → 103.6), computed live from your number, nothing is sent anywhere.

How the Price Gap Changed

Myrtle Beach-Conway-North Myrtle Beach and Chicago-Naperville-Elgin share 17 published annual releases from 2008 through 2024. Their overall gap held broadly steady, moving from 10.5 to 10.0 RPP points. Chicago-Naperville-Elgin remained the higher-index metro in the latest release.

Services changed the most within this pair: its gap moved 14.0 points between the first and latest shared releases (9.6 to 4.4 points). This describes a relative price-index history, not a forecast or a household budget.

Release Year Myrtle Beach-Conway-North Myrtle Beach RPP Chicago-Naperville-Elgin RPP Relative Gap
2008 95.0 105.4 10.5 points Chicago-Naperville-Elgin higher
2012 96.7 105.1 8.5 points Chicago-Naperville-Elgin higher
2016 96.2 103.8 7.6 points Chicago-Naperville-Elgin higher
2020 92.0 104.5 12.4 points Chicago-Naperville-Elgin higher
2024 93.6 103.6 10.0 points Chicago-Naperville-Elgin higher

Annual BEA Regional Price Parity releases; a higher index means a higher price level relative to the national average of 100. Selected years shown from the full shared series.

Frequently Asked Questions

Is Chicago-Naperville-Elgin more expensive than Myrtle Beach-Conway-North Myrtle Beach?

Chicago-Naperville-Elgin is 10.6% more expensive than Myrtle Beach-Conway-North Myrtle Beach. The overall cost index is 103.6 vs 93.6 (national average = 100).

What salary in Chicago-Naperville-Elgin equals $100K in Myrtle Beach-Conway-North Myrtle Beach?

A $100,000 salary in Myrtle Beach-Conway-North Myrtle Beach has the same purchasing power as $110,629 in Chicago-Naperville-Elgin. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Myrtle Beach-Conway-North Myrtle Beach and Chicago-Naperville-Elgin?

Rents in Myrtle Beach-Conway-North Myrtle Beach are indexed at 83.1 while Chicago-Naperville-Elgin is at 112.0 (national average = 100). Chicago-Naperville-Elgin has higher rents.

Data sourced from official public datasets, Regional Price Parities (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.