Cost of Living in Greater Myrtle Beach
The cost of living in Horry County is seven percent lower than the national average, a main driver of our recent growth. People and businesses alike are coming to Myrtle Beach for affordable real estate and low taxes and interest rates. In fact, Horry County has the lowest tax rate in South Carolina.
Worksman Cycles, America’s oldest bicycle manufacturer, invested $2.5 million in its Horry County location in 2015, citing affordable housing and the low cost of living as two driving factors in the company’s location decision.
World-renowned beaches and golf courses, a growing reputation as a premier destination for business, and our low cost, yet superior way of life continues to attract people from around the world.