Washington-Arlington-Alexandria vs Myrtle Beach-Conway-North Myrtle Beach

Cost of living comparison based on BEA Regional Price Parities. Myrtle Beach-Conway-North Myrtle Beach is 14% less expensive than Washington-Arlington-Alexandria.

What This Comparison Actually Tells You

The Bureau of Economic Analysis indexes Washington-Arlington-Alexandria, DC-VA-MD-WV at an overall Regional Price Parity of 108.9 and Myrtle Beach-Conway-North Myrtle Beach, SC at 93.6, using the U.S. national average of 100 as the reference point. That puts Myrtle Beach-Conway-North Myrtle Beach 14% less expensive than Washington-Arlington-Alexandria on a blended basket of goods, services, and rents. The raw index gap of 15.2 points matters more than the headline comparison because it flows directly into salary-equivalent math that families use for relocation, job offers, and remote-work arbitrage decisions.

Inside the breakdown, Washington-Arlington-Alexandria indexes goods at 104.8, services at 106.7, and rents at 151.1, while Myrtle Beach-Conway-North Myrtle Beach comes in at 96.3, 88.0, and 83.1 on the same three categories. The rent line carries the largest weight in the BEA methodology, so a metro with a higher rent index almost always ends up more expensive overall - Washington-Arlington-Alexandria carries the heavier rent load here, and that tends to dominate household budget experience on the ground.

In salary terms, a $100,000 income in Washington-Arlington-Alexandria has the same purchasing power as $86,002 in Myrtle Beach-Conway-North Myrtle Beach based on these indexes. The two metros serve populations of roughly 6,263,796 (Washington-Arlington-Alexandria) and 368,937 (Myrtle Beach-Conway-North Myrtle Beach), and median household incomes are $123,896 versus $64,623 respectively - so the right way to read this comparison is never the index alone, but the ratio of your expected local salary to the rent and services mix. For any serious relocation or remote-work decision, pair this BEA comparison with BLS occupation-specific wage data, HUD Fair Market Rent tables, and state tax treatment before committing.

Washington-Arlington-Alexandria
108.9
Cost Index
Myrtle Beach-Conway-North Myrtle Beach
93.6
Cost Index

Category Breakdown

Category Washington-Arlington-Alexandria Myrtle Beach-Conway-North Myrtle Beach Difference
Overall 108.9 93.6 -15.2
Goods 104.8 96.3 -8.5
Services 106.7 88.0 -18.7
Rents 151.1 83.1 -68.0

Visual Comparison

Overall
Washington-Arlington-Alexandria
108.9
Myrtle Beach-Conway-North Myrtle Beach
93.6
Goods
Washington-Arlington-Alexandria
104.8
Myrtle Beach-Conway-North Myrtle Beach
96.3
Services
Washington-Arlington-Alexandria
106.7
Myrtle Beach-Conway-North Myrtle Beach
88.0
Rents
Washington-Arlington-Alexandria
151.1
Myrtle Beach-Conway-North Myrtle Beach
83.1

Vertical line = national average (100)

Salary Equivalents

What a salary in Washington-Arlington-Alexandria would need to be in Myrtle Beach-Conway-North Myrtle Beach for the same purchasing power:

In Washington-Arlington-Alexandria In Myrtle Beach-Conway-North Myrtle Beach Difference
$50,000 $43,001 $-6,999
$75,000 $64,501 $-10,499
$100,000 $86,002 $-13,998
$150,000 $129,002 $-20,998

Use the salary calculator for custom amounts.

Metro Context

Metric Washington-Arlington-Alexandria Myrtle Beach-Conway-North Myrtle Beach
Population 6,263,796 368,937
Median Income $123,896 $64,623
Data Year 2024 2024

Frequently Asked Questions

Is Myrtle Beach-Conway-North Myrtle Beach more expensive than Washington-Arlington-Alexandria?
Myrtle Beach-Conway-North Myrtle Beach is 14% less expensive than Washington-Arlington-Alexandria. The overall cost index is 93.6 vs 108.9 (national average = 100).
What salary in Myrtle Beach-Conway-North Myrtle Beach equals $100K in Washington-Arlington-Alexandria?
A $100,000 salary in Washington-Arlington-Alexandria has the same purchasing power as $86,002 in Myrtle Beach-Conway-North Myrtle Beach. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Washington-Arlington-Alexandria and Myrtle Beach-Conway-North Myrtle Beach?
Rents in Washington-Arlington-Alexandria are indexed at 151.1 while Myrtle Beach-Conway-North Myrtle Beach is at 83.1 (national average = 100). Washington-Arlington-Alexandria has higher rents.

Source: Bureau of Economic Analysis, Regional Price Parities (2024). Index where national average = 100.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial