South Carolina · Census, HUD and BEA figures · Updated

Cost of Living in Horry County, SC

Prices around Horry County, SC run 6.4% below the U.S. average (BEA, the metro area). The typical household there earns $66,880 a year, and HUD puts a two-bedroom at $1,465 a month. Keeping that rent under 30% of income takes about $58,600 a year.

Horry County, SC at a glance

Median household income

$66,880$5,573 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,465HUD FY2026 Fair Market Rent
Price level (U.S. = 100)93.6-6.4% · BEA, the metro area
Electricity15.6¢per kWh · EIA Residential SC
Population383,016Census ACS 5-year estimate

How much rent can you afford in Horry County, SC?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,465Monthly market rent
Share of gross income26.3%Recommended max: 30%
Annual income needed$58,600To meet the 30% standard
Max affordable rent$1,672At 30% of $66,880
0%30% (Affordability standard)100%
Compare against:

How much is rent in Horry County, SC? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Horry County, SC, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,145$13,740$45,80020.5%
1-Bedroom Apartment$1,229$14,748$49,16022.1%
2-Bedroom ApartmentBenchmark$1,465$17,580$58,60026.3%
3-Bedroom Home$1,805$21,660$72,20032.4%
4-Bedroom Home$2,111$25,332$84,44037.9%

Rent in Horry County, SC, with the wage each unit needs →

What a typical income covers in Horry County, SC

The 50/30/20 rule applied to the local median of $66,880 a year ($5,573 a month before tax).

Needs (50%)$2,787/moRent ($1,465 2-BR), utilities (~$140/mo), groceries, transit
Wants (30%)$1,672/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,115/moEmergency fund, retirement, paying down loans

What $66,880 leaves after South Carolina taxes

Federal income tax, Social Security, Medicare and South Carolina tax on the local median income. Change the salary to see yours.

$66,880
$25,000$135,000
Filing status:
Gross salary breakdown$66,880
Net 80%
Fed 9%
SC 3%
FICA 8%
Annual take-home$53,761After all taxes
Monthly deposit$4,480Estimated per month
Biweekly paycheck$2,068Every 2 weeks (26/yr)
Effective tax rate19.6%Total tax burden
Federal income tax$5,884 / yr
South Carolina state income tax$2,119 / yr
FICA (Social Security & Medicare)$5,116 / yr

Living in Horry County, SC: common questions

What is the median household income in Horry County, SC?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Horry County, SC is $66,880 per year (approximately $5,573 per month).

What is the average rent in Horry County, SC?

The closest official figure is HUD's Fair Market Rent for 2026: $1,145 for a studio, $1,229 for one bedroom, $1,465 for two, $1,805 for three and $2,111 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Horry County, SC expensive to live in?

Prices there run 6.4% below the U.S. average. BEA's regional price parity for the metro area is 93.6, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Horry County, SC?

To keep a $1,465 two-bedroom under 30% of gross income, a household needs about $58,600 a year, or $4,883 a month. That is 88% of what the typical household in Horry County, SC earns.

How much do you need to live comfortably in Horry County, SC?

On the local median income of $66,880 ($5,573 a month before tax), the 50/30/20 rule leaves $2,787 a month for needs like rent, utilities and groceries, $1,672 for everything else and $1,115 for savings or debt. A two-bedroom at $1,465 takes 53% of the needs share.

How much is the electric bill in Horry County, SC?

Homes in South Carolina paid 15.6¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $140. Your bill depends mostly on heating and cooling.