Living Wage Calculation for Myrtle Beach-Conway-North Myrtle Beach, SC

The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. The assumption is the sole provider is working full-time (2080 hours per year). The tool provides information for individuals, and households with one or two working adults and zero to three children. In the case of households with two working adults, all values are per working adult, single or in a family unless otherwise noted.

The state minimum wage is the same for all individuals, regardless of how many dependents they may have. Data are updated annually, in the first quarter of the new year. State minimum wages are determined based on the posted value of the minimum wage as of January one of the coming year (National Conference of State Legislatures, 2019). The poverty rate reflects a person's gross annual income. We have converted it to an hourly wage for the sake of comparison.

For further detail, please reference the technical documentation here.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Living Wage $11.89 $22.68 $26.44 $32.05 $18.53 $22.62 $25.13 $28.31 $9.23 $12.68 $14.54 $16.72
Poverty Wage $6.00 $8.13 $10.25 $12.38 $8.13 $10.25 $12.38 $14.50 $4.06 $5.13 $6.19 $7.25
Minimum Wage $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25

Typical Expenses

These figures show the individual expenses that went into the living wage estimate. Their values vary by family size, composition, and the current location.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Food $3,010 $4,446 $6,682 $8,863 $5,518 $6,877 $8,872 $10,802 $5,518 $6,877 $8,872 $10,802
Child Care $0 $4,697 $6,770 $8,842 $0 $0 $0 $0 $0 $4,697 $6,770 $8,842
Medical $2,440 $7,288 $6,999 $7,120 $5,174 $6,999 $7,120 $7,021 $5,174 $6,999 $7,120 $7,021
Housing $8,285 $9,820 $9,820 $12,853 $8,420 $9,820 $9,820 $12,853 $8,285 $9,820 $9,820 $12,853
Transportation $4,322 $8,425 $10,689 $11,645 $8,425 $10,689 $11,645 $12,206 $8,425 $10,689 $11,645 $12,206
Other $2,812 $4,688 $4,867 $6,123 $4,688 $4,867 $6,123 $6,126 $4,688 $4,867 $6,123 $6,126
Required annual income after taxes $20,869 $39,364 $45,828 $55,445 $32,226 $39,253 $43,579 $49,009 $32,091 $43,950 $50,349 $57,851
Annual taxes $3,865 $7,818 $9,172 $11,220 $6,307 $7,795 $8,701 $9,872 $6,288 $8,779 $10,119 $11,724
Required annual income before taxes $24,734 $47,182 $55,000 $66,665 $38,533 $47,048 $52,281 $58,880 $38,379 $52,729 $60,469 $69,575

Typical Annual Salaries

These are the typical annual salaries for various professions in this location.

Occupational Area Typical Annual Salary
Management $73,197
Business & Financial Operations $56,140
Computer & Mathematical $68,155
Architecture & Engineering $64,618
Life, Physical, & Social Science $0
Community & Social Service $43,282
Legal $47,917
Education, Training, & Library $49,879
Arts, Design, Entertainment, Sports, & Media $35,516
Healthcare Practitioners & Technical $60,857
Healthcare Support $25,310
Protective Service $34,835
Food Preparation & Serving Related $20,238
Building & Grounds Cleaning & Maintenance $22,871
Personal Care & Service $20,553
Sales & Related $23,776
Office & Administrative Support $29,874
Farming, Fishing, & Forestry $30,871
Construction & Extraction $35,638
Installation, Maintenance, & Repair $35,780
Production $32,080
Transportation & Material Moving $29,265