Considering a move to a new city involves careful consideration of various factors that can impact your quality of life. If you’re contemplating relocating and using Redfin to buy a home in Myrtle Beach, or rent an apartment in this vibrant coastal city in South Carolina, it’s essential to weigh the pros and cons. In this article, we will explore ten key aspects to help you make an informed decision about whether Myrtle Beach is the right place for you. From its stunning beaches and thriving entertainment scene to potential downsides such as traffic and hurricane risks, let’s delve into the pros and cons of living in Myrtle Beach.
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Quick Facts about Myrtle Beach
| Median home sale price | $317,500 |
| Average monthly rent | $1,627 |
| Walk Score | 43/100 |
| Bike Score | 54/100 |
1. Pro: Breathtaking beaches and outdoor recreation
One of the most alluring aspects of Myrtle Beach is its miles of pristine coastline. Residents have easy access to stunning beaches where they can relax, swim, or partake in water sports. From sunbathing and beach volleyball to fishing and boating, the outdoor recreational opportunities are plentiful. Moreover, the pleasant year-round climate allows for enjoyable beach activities throughout all the seasons.
2. Con: Heavy tourist traffic
As a popular vacation destination, Myrtle Beach experiences a significant influx of tourists, especially during the peak summer season. While this brings economic benefits to the city, it also leads to heavy traffic congestion on major roads and crowded public spaces. Navigating through crowded areas can be time-consuming, particularly for daily commuters, and may require careful planning to avoid peak tourist times.
3. Pr0: Abundance of entertainment and attractions
Living in Myrtle Beach means being surrounded by a wide array of entertainment options. The city is famous for its numerous golf courses, offering golf enthusiasts an abundance of opportunities to tee off. Additionally, there are amusement parks, water parks, live theaters, music venues, and a vibrant nightlife scene that caters to diverse tastes.
4. Con: Hurricane risks
Myrtle Beach is located in a region prone to hurricanes and tropical storms. While the city has measures in place to mitigate risks and ensure residents’ safety, it’s essential to consider the potential impact of severe weather events. Being prepared and having a plan in place for evacuation or sheltering during hurricane seasons is necessary for residents in this coastal area.
5. Pro: Affordable cost of living
Compared to other popular coastal destinations, Myrtle Beach boasts a relatively affordable cost of living. Housing costs are about 32% lower than the national average, with a median sale price of homes at $317,500, making Myrtle Beach an attractive option for those looking for an affordable place to call home. Additionally, the overall cost of living is about 7% lower than the national average.
6. Con: Limited career opportunities in certain sectors
While Myrtle Beach offers a strong job market overall, it’s important to note that career opportunities may be limited in specific sectors. Industries such as technology, finance, and professional services may not be as abundant as in larger metropolitan areas. If your profession falls within these sectors, it’s crucial to research and assess the local job market before making a decision to settle down here.
7. Pro: Strong job market and economic growth
Myrtle Beach has experienced significant economic growth in recent years, resulting in a robust job market. The tourism industry plays a major role in driving the local economy, offering ample employment opportunities in hospitality, retail, and related sectors. The city’s steady growth also provides opportunities in other industries such as healthcare, education, and construction, making it an attractive destination for job seekers.
8. Con: Seasonal fluctuations and crowds
Given Myrtle Beach’s popularity as a tourist destination, residents may experience seasonal fluctuations in business activities and crowds. During the off-peak seasons, some establishments may reduce operating hours or temporarily close. While this can create a quieter atmosphere, it may also impact the availability of certain services or entertainment options.
9. Pro: Sense of community and southern hospitality
One of the standout features of Myrtle Beach is its strong sense of community and the renowned Southern hospitality of its residents. People in Myrtle Beach are known for their warmth, friendliness, and welcoming nature, which fosters a tight-knit community atmosphere. Building connections, making friends, and feeling a sense of belonging are common experiences for those who choose to live in this charming coastal city.
10. Con: Limited public transportation options
While Myrtle Beach offers various modes of transportation, including taxis and ride-sharing services, the city has limited public transportation options. The public transit system is not as extensive or well-developed compared to larger metropolitan areas. This can be a challenge for individuals who prefer or rely on public transportation for their daily commute or navigating the city. Owning a private vehicle or relying on alternative transportation methods may be necessary for convenient mobility within Myrtle Beach.
Methodology: The median home sale price and average monthly rental data is from the Redfin Data Center. The Walk Score, Transit Score and Bike Score data is from Walk Score.
