GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cost Of Living In Georgia

The average cost of living in Georgia is slightly below the national average.

With sources from: bestplaces.net, electricitylocal.com, numbeo.com, healthcare.gov and many more

Statistic 1

Georgia’s state tax rate ranges from 1% to 5.75%, depending on income.

Statistic 2

Dining out in Georgia costs about 15% less than the national average.

Statistic 3

Entertainment and sports tickets in Georgia average about $50 per event.

Statistic 4

Personal care costs in Georgia are about 8% lower than the national average.

Statistic 5

The average cost of living in Georgia is approximately 10% below the national average.

Statistic 6

The average cost of higher education tuition in Georgia is approximately $7,000 per year for in-state students.

Statistic 7

The annual cost of car insurance in Georgia is roughly $1,300.

Statistic 8

The median home cost in Georgia is around $200,000.

Statistic 9

The average property tax rate in Georgia is 0.91% of the home's assessed value.

Statistic 10

The average rent for a one-bedroom apartment in Atlanta, Georgia is about $1,300 per month.

Statistic 11

The average cost of internet service in Georgia is about $60 per month.

Statistic 12

The cost of home insurance in Georgia is about $1,200 per year.

Statistic 13

Healthcare costs in Georgia are around 7% lower than the national average.

Statistic 14

The average cost of childcare in Georgia is approximately $750 per month.

Statistic 15

The average monthly cost for public transportation in Georgia is about $90.

Statistic 16

The average cost of a gym membership in Georgia is approximately $35 per month.

Statistic 17

The average utility bill in Georgia is roughly $124 per month.

Statistic 18

The average price of a gallon of gas in Georgia is around $2.75 as of recent.

Statistic 19

Groceries in Georgia are approximately 5% cheaper than the national average.

Statistic 20

The average price of a movie ticket in Georgia is approximately $10.

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In this post, we will explore the average cost of living in Georgia based on a range of key statistics. From housing and transportation to utilities and entertainment, we will break down the various expenses that contribute to the overall affordability of residing in the state. Grab your calculator and let’s crunch some numbers to gain a better understanding of the financial landscape in Georgia.

Statistic 1

"Georgia’s state tax rate ranges from 1% to 5.75%, depending on income."

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Statistic 2

"Dining out in Georgia costs about 15% less than the national average."

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Statistic 3

"Entertainment and sports tickets in Georgia average about $50 per event."

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Statistic 4

"Personal care costs in Georgia are about 8% lower than the national average."

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Statistic 5

"The average cost of living in Georgia is approximately 10% below the national average."

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Statistic 6

"The average cost of higher education tuition in Georgia is approximately $7,000 per year for in-state students."

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Statistic 7

"The annual cost of car insurance in Georgia is roughly $1,300."

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Statistic 8

"The median home cost in Georgia is around $200,000."

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Statistic 9

"The average property tax rate in Georgia is 0.91% of the home's assessed value."

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Statistic 10

"The average rent for a one-bedroom apartment in Atlanta, Georgia is about $1,300 per month."

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Statistic 11

"The average cost of internet service in Georgia is about $60 per month."

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Statistic 12

"The cost of home insurance in Georgia is about $1,200 per year."

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Statistic 13

"Healthcare costs in Georgia are around 7% lower than the national average."

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Statistic 14

"The average cost of childcare in Georgia is approximately $750 per month."

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Statistic 15

"The average monthly cost for public transportation in Georgia is about $90."

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Statistic 16

"The average cost of a gym membership in Georgia is approximately $35 per month."

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Statistic 17

"The average utility bill in Georgia is roughly $124 per month."

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Statistic 18

"The average price of a gallon of gas in Georgia is around $2.75 as of recent."

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Statistic 19

"Groceries in Georgia are approximately 5% cheaper than the national average."

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Statistic 20

"The average price of a movie ticket in Georgia is approximately $10."

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Interpretation

Overall, the statistics paint a picture of Georgia as a state with a below-average cost of living compared to the national average. Various aspects such as state tax rates, dining out, personal care, entertainment, and housing costs contribute to this lower cost of living. Additionally, lower healthcare costs, property taxes, and grocery prices make Georgia an affordable place to reside. While there are some expenses like higher education and childcare that may be significant, the overall balance tips in favor of Georgia being a cost-effective state for residents.

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