Cost of living in College Park 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 College Park 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 College Park is 93, with 100 being the average.
The cost of living index in College Park is 0.9x lower than the national average.
College Park ranks as the #82 cheapest in Georgia out of 154.
College Park ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in College Park is $244,200.
The median income in College Park is $43,554.
According to the most recent data on the cost of living, College Park has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Georgia, College Park has a cost of living index that's 1.0x higher than Georgia's index of 89.
The standard of living in College Park ranks as #82 most affordable out of the 154 places we measured in Georgia. By definition, that implies College Park ranks as the #72 most expensive place in the Peach State.
For more reading on life in College Park, check out:
Six factors go into calculating the cost of living index in College Park. Here is how it fairs on each of the criteria:
The Services index in College Park is 103.
The Groceries index in College Park is 103.
The Health index in College Park is 103.
The Housing index in College Park is 86.
The Transportation index in College Park is 103.
The Utilities index in College Park is 87.
Living Expense | College Park | Georgia | National Average | |
---|---|---|---|---|
Overall | 93 | 89 | 100 | |
Services | 103 | 95 | 100 | |
Groceries | 103 | 96 | 100 | |
Health | 103 | 98 | 100 | |
Housing | 86 | 76 | 100 | |
Transportation | 103 | 90 | 100 | |
Utilities | 87 | 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 College Park is $244,200.
The Median Rent in College Park is $955.
The Median Income in College Park is $43,554.
The Home Value To Income in College Park is 5.6x.
The Rent To Monthly Income in College Park is 0.26x.
Statistic | College Park | Georgia | United States |
---|---|---|---|
Median Home Value | $244,200 | $206,700 | $244,900 |
Median Rent | $955 | $1,110 | $1,163 |
Median Income | $43,554 | $65,030 | $69,021 |
Home Value To Income | 5.6x | 3.2x | 3.5x |
Rent To Monthly Income | 0.26x | 0.2x | 0.2x |
Item | College Park | Georgia |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $14.15 | $10.68 |
Bowling | $17.17 | $14.67 |
Haircut | $21.0 | $18.62 |
Beauty Salon | $47.13 | $39.05 |
Item | College Park | Georgia |
---|---|---|
Ground Beef | $4.61 | $4.22 |
Fried Chicken | $1.3 | $1.39 |
Milk | $1.99 | $2.05 |
Potatoes | $3.16 | $3.29 |
Pizza | $10.06 | $10.62 |
Beer | $10.05 | $9.38 |
Toothpaste | $2.66 | $2.34 |
Item | College Park | Georgia |
---|---|---|
Optometrist | $110.27 | $108.57 |
Doctor | $119.8 | $116.17 |
Dentist | $105.78 | $99.13 |
Item | College Park | Georgia |
---|---|---|
Gasoline | $2.23 | $2.22 |
Tire Balancing | $52.08 | $50.07 |
Item | College Park | Georgia |
---|---|---|
All Electricity | $120.82 | $167.67 |
Phone | $185.08 | $175.64 |
The cost of living varies in the cities and towns around College Park. Here's a quick look at the cost of living in the most populous nearby places:
Atlanta, GA has a cost of living index of 107, 1.2x College Park.
Smyrna, GA has a cost of living index of 106, 1.1x College Park.
Mableton, GA has a cost of living index of 98, 1.1x College Park.
City | Population | Cost Of Living | Vs. College Park |
---|---|---|---|
Atlanta, GA | 492,204 | 107 | 1.2x |
Smyrna, GA | 55,460 | 106 | 1.1x |
Mableton, GA | 41,632 | 98 | 1.1x |
East Point, GA | 37,895 | 91 | 1.0x |
Chamblee, GA | 29,894 | 103 | 1.1x |
Decatur, GA | 24,334 | 124 | 1.3x |
Forest Park, GA | 19,856 | 85 | 0.9x |
Fayetteville, GA | 18,633 | 103 | 1.1x |
North Druid Hills, GA | 18,143 | 117 | 1.3x |
North Decatur, GA | 16,369 | 109 | 1.2x |