Cost of living in Byron 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 Byron 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 Byron is 94, with 100 being the average.
The cost of living index in Byron is 0.9x lower than the national average.
Byron ranks as the #89 cheapest in Georgia out of 154.
Byron ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Byron is $171,000.
The median income in Byron is $53,750.
According to the most recent data on the cost of living, Byron has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Georgia, Byron has a cost of living index that's 1.1x higher than Georgia's index of 89.
The standard of living in Byron ranks as #89 most affordable out of the 154 places we measured in Georgia. By definition, that implies Byron ranks as the #65 most expensive place in the Peach State.
For more reading on life in Byron, check out:
Six factors go into calculating the cost of living index in Byron. Here is how it fairs on each of the criteria:
The Services index in Byron is 99.
The Groceries index in Byron is 95.
The Health index in Byron is 96.
The Housing index in Byron is 87.
The Transportation index in Byron is 100.
The Utilities index in Byron is 93.
Living Expense | Byron | Georgia | National Average | |
---|---|---|---|---|
Overall | 94 | 89 | 100 | |
Services | 99 | 95 | 100 | |
Groceries | 95 | 96 | 100 | |
Health | 96 | 98 | 100 | |
Housing | 87 | 76 | 100 | |
Transportation | 100 | 90 | 100 | |
Utilities | 93 | 86 | 100 |
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 Byron is $171,000.
The Median Rent in Byron is $853.
The Median Income in Byron is $53,750.
The Home Value To Income in Byron is 3.2x.
The Rent To Monthly Income in Byron is 0.19x.
Statistic | Byron | Georgia | United States |
---|---|---|---|
Median Home Value | $171,000 | $206,700 | $244,900 |
Median Rent | $853 | $1,110 | $1,163 |
Median Income | $53,750 | $65,030 | $69,021 |
Home Value To Income | 3.2x | 3.2x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Byron. Here's a quick look at the cost of living in the most populous nearby places:
Warner Robins, GA has a cost of living index of 91, 1.0x Byron.
Perry, GA has a cost of living index of 93, 1.0x Byron.
Fort Valley, GA has a cost of living index of 84, 0.9x Byron.
City | Population | Cost Of Living | Vs. Byron |
---|---|---|---|
Warner Robins, GA | 79,589 | 91 | 1.0x |
Perry, GA | 20,227 | 93 | 1.0x |
Fort Valley, GA | 8,829 | 84 | 0.9x |
Centerville, GA | 8,089 | 95 | 1.0x |
Knoxville, IA | 7,537 | 83 | 0.9x |