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Cost Of Living Calculator

Every quarter The Cost of Living Index (COLI) COLI compiles and publishes The Cost of Living Index, a comparison of the cost of living in more than 300 cities and areas across the country. Participating agencies such as chambers of commerce collect prices on nearly 60 different products and services. In an effort to control random error in the analysis of the data, agencies are expected to collect the same data at the same time for every quarter of the year. The Cost of Living Calculator compares the cost of living differences between your community and other communities across the United States.

Cost of Living Calculator Source: The Cost of Living Index (COLI)


Average Apartment Rent

$1,655 as of July 2025. Cost varies depending on several factors including location and size.

Source: RentCafe

Average New Home Cost

$324,722 as of July 2025.

Source: Zillow

Average Electric Bill

$139.97 (average residential monthly electricity bill)

Source: FindEnergy.com, as of July 2025.

Average Gasoline Price per Gallon

$2.813 (regular unleaded gasoline)

Source: GasPrices.aa.com, as of July 2025.

What’s Happening

Partnership Grand Strand Announces Retirement of Peggy Masterson, Appointment of BJ Beaver

Partnership Grand Strand (PGS), the nonprofit foundation of the Myrtle Beach Area Chamber of Commerce (MBACC), announced the retirement of Peggy Masterson, who has served as director since January 2023. [...]

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Welcome New Members – August 2025

Myrtle Beach Area Chamber of Commerce encourages investors to do business with other chamber members. Please consider these new stakeholders the next time you have a need for products/services. New [...]

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