Buford, GA Cost Of Living
Cost Of Living In Buford, GA Summary
Cost of living in Buford research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Buford is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Georgia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Buford is 98, with 100 being the average.
The cost of living index in Buford is 1.0x lower than the national average.
Buford ranks as the #110 cheapest in Georgia out of 154.
Buford ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Buford is $265,600.
The median income in Buford is $54,321.
Table Of Contents
Buford's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Buford, GA?
According to the most recent data on the cost of living, Buford has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Georgia, Buford has a cost of living index that's 1.1x higher than Georgia's index of 89.
The standard of living in Buford ranks as #110 most affordable out of the 154 places we measured in Georgia. By definition, that implies Buford ranks as the #44 most expensive place in the Peach State.
For more reading on life in Buford, check out:
- Living In Buford
- Search Homes For Sale In Buford, GA
In Georgia
In America
Buford Cost Of Living Vs. Georgia
Six factors go into calculating the cost of living index in Buford. Here is how it fairs on each of the criteria:
The Services index in Buford is 101.
The Groceries index in Buford is 106.
The Health index in Buford is 103.
The Housing index in Buford is 90.
The Transportation index in Buford is 101.
The Utilities index in Buford is 86.
| Living Expense | Buford | Georgia | National Average | |
|---|---|---|---|---|
| Overall | 98 | 89 | 100 | |
| Services | 101 | 95 | 100 | |
| Groceries | 106 | 96 | 100 | |
| Health | 103 | 98 | 100 | |
| Housing | 90 | 76 | 100 | |
| Transportation | 101 | 90 | 100 | |
| Utilities | 86 | 86 | 100 | |
Buford, GA Housing Cost Breakdown
Housing swings affordability the most between places in Georgia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Buford is $265,600.
The Median Rent in Buford is $1,119.
The Median Income in Buford is $54,321.
The Home Value To Income in Buford is 4.9x.
The Rent To Monthly Income in Buford is 0.25x.
| Statistic | Buford | Georgia | United States |
|---|---|---|---|
| Median Home Value | $265,600 | $206,700 | $244,900 |
| Median Rent | $1,119 | $1,110 | $1,163 |
| Median Income | $54,321 | $65,030 | $69,021 |
| Home Value To Income | 4.9x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Buford, GA Costs By Category
Detailed Buford Services Costs Vs. Georgia
Detailed Buford Groceries Costs Vs. Georgia
Detailed Buford Health Costs Vs. Georgia
Detailed Buford Transportation Costs Vs. Georgia
Detailed Buford Utilities Costs Vs. Georgia
Buford SnackAbility
/10
Cost Of Living In Cities Around Buford
The cost of living varies in the cities and towns around Buford. Here's a quick look at the cost of living in the most populous nearby places:
Johns Creek, GA has a cost of living index of 124, 1.3x Buford.
Alpharetta, GA has a cost of living index of 122, 1.2x Buford.
Milton, GA has a cost of living index of 137, 1.4x Buford.
| City | Population | Cost Of Living | Vs. Buford |
|---|---|---|---|
| Johns Creek, GA | 82,068 | 124 | 1.3x |
| Alpharetta, GA | 65,187 | 122 | 1.2x |
| Milton, GA | 40,487 | 137 | 1.4x |
| Duluth, GA | 31,506 | 103 | 1.1x |
| Lawrenceville, GA | 30,299 | 97 | 1.0x |
| Sugar Hill, GA | 24,599 | 103 | 1.1x |
| Suwanee, GA | 20,629 | 110 | 1.1x |
| Snellville, GA | 20,475 | 99 | 1.0x |
| Lilburn, GA | 14,424 | 99 | 1.0x |
| Braselton, GA | 12,833 | 111 | 1.1x |
