City comparison
Lafayette, LA vs Myrtle Beach, SC
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Myrtle Beach, SC are 7.4% higher than in Lafayette, LA. Someone earning $100,000 in Lafayette, LA would need about $107,400 in Myrtle Beach, SC to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,229 a month in Myrtle Beach, SC versus $898 in Lafayette, LA. On $100,000, that's 20% of take-home pay in Myrtle Beach, SC and 14% in Lafayette, LA.
- On $100,000, estimated state income tax is about $2,229 a year higher in Myrtle Beach, SC than in Lafayette, LA.
- Both cities are in the same federal pay area (Rest of U.S.), so a GS-13 step 1 earns $106,437 in either. A transfer from Lafayette, LA to Myrtle Beach, SC changes real buying power by −6.9%, purely from prices.
- Lafayette, LA: price level 87.2 (much cheaper)
- Myrtle Beach, SC: price level 93.6 (cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Lafayette, LA | Myrtle Beach, SC | |
|---|---|---|
| Price level (U.S. = 100)2 | 87.2 | 93.6 |
| $100,000 is worth, in the other city2 | $107,377 in Myrtle Beach | $93,130 in Lafayette |
| Typical 1-bedroom rent3 | $898/mo | $1,229/mo |
| Take-home on $100,00014,15,8 | $76,566 | $74,337 |
| State income tax on $100,000 (estimate)8 | $2,614 (LA) | $4,843 (SC) |
| Rent burden on $100,000 | 14% | 20% |
| Median pay, all jobs4 | $41,780 | $37,930 |
| Federal locality pay area7 | Rest of U.S. | Rest of U.S. |
Rent areas: Lafayette, LA HUD Metro FMR Area and Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area. Metro areas: Lafayette, LA and Myrtle Beach-Conway-North Myrtle Beach, SC.
What costs more or less
| Price level (U.S. = 100) | Lafayette | Myrtle Beach |
|---|---|---|
| Housing (rent) | 58.8 | 83.1 |
| Goods | 93.7 | 96.3 |
| Utilities | 71.2 | 88.0 |
| Other services | 95.7 | 98.3 |
| Overall | 87.2 | 93.6 |
Moving with the same $100,000 salary
Lafayette, LA → Myrtle Beach, SC
Same pay buys less
Buying power −6.9%; rent takes 20% of take-home; state tax +$2,229/yr.
47 Fair offer
Myrtle Beach, SC → Lafayette, LA
Same pay goes further
Buying power +7.4%; rent takes 14% of take-home; state tax −$2,229/yr.
92 Strong offer
On the GS pay scale?
Both metros are in the Rest of U.S. locality pay area, so GS salaries are identical. The last column shows what a transfer from Lafayette, LA to Myrtle Beach, SC at the same grade and step does to real buying power.
| Grade5,2 | Lafayette, LA | Myrtle Beach, SC | Real change, Lafayette → Myrtle Beach |
|---|---|---|---|
| GS-9 step 1 | $61,722 | $61,722 | −6.9% |
| GS-11 step 1 | $74,678 | $74,678 | −6.9% |
| GS-12 step 1 | $89,508 | $89,508 | −6.9% |
| GS-13 step 1 | $106,437 | $106,437 | −6.9% |
| GS-14 step 1 | $125,776 | $125,776 | −6.9% |
Pay for common jobs
| Median annual pay4 | Lafayette, LA | Myrtle Beach, SC | Myrtle Beach pay in Lafayette dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $47,770 | not published | — |
| Software Developers | $109,010 | not published | — |
| Accountants and Auditors | $67,630 | $74,520 | $69,401 (+2.6%) |
| Registered Nurses | $81,960 | $80,640 | $75,100 (−8.4%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.