Is Myrtle Beach, SC affordable on a $2,875,000 salary?
YES
On $2,875,000/yr, the typical $340,239 home in Myrtle Beach, SC needs $100,483/yr ($2,345/mo). Your gap: +$2,774,517 — housing would be 1% of your gross income.
The math
340,239 price − 10% down (34,024) = 306,215 loan
30-yr fixed at 6.49% on 306,215 = 1,933/mo principal+interest
+ 411/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
2,345/mo PITI ÷ 0.28 = 8,374/mo → 100,483/yr required
against Zillow ZHVI 2026-05 and the 6.49% FRED 30-yr rate (2026-06-25).
What salary WOULD clear Myrtle Beach, SC?
You need about $100,483/yr for the typical home. On $2,875,000 you already clear it by $2,774,517.