Gresham Park, GA Cost Of Living
Cost Of Living In Gresham Park, GA Summary
Cost of living in Gresham 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 Gresham 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 Gresham Park is 93, with 100 being the average.
The cost of living index in Gresham Park is 0.9x lower than the national average.
Gresham Park ranks as the #82 cheapest in Georgia out of 154.
Gresham Park ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Gresham Park is $196,600.
The median income in Gresham Park is $58,125.
Table Of Contents
Gresham Park's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Gresham Park, GA?
According to the most recent data on the cost of living, Gresham Park has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Georgia, Gresham Park has a cost of living index that's 1.0x higher than Georgia's index of 89.
The standard of living in Gresham Park ranks as #82 most affordable out of the 154 places we measured in Georgia. By definition, that implies Gresham Park ranks as the #72 most expensive place in the Peach State.
For more reading on life in Gresham Park, check out:
- Living In Gresham Park
- Search Homes For Sale In Gresham Park, GA
In Georgia
In America
Gresham Park Cost Of Living Vs. Georgia
Six factors go into calculating the cost of living index in Gresham Park. Here is how it fairs on each of the criteria:
The Services index in Gresham Park is 100.
The Groceries index in Gresham Park is 103.
The Health index in Gresham Park is 101.
The Housing index in Gresham Park is 69.
The Transportation index in Gresham Park is 100.
The Utilities index in Gresham Park is 85.
| Living Expense | Gresham Park | Georgia | National Average | |
|---|---|---|---|---|
| Overall | 93 | 89 | 100 | |
| Services | 100 | 95 | 100 | |
| Groceries | 103 | 96 | 100 | |
| Health | 101 | 98 | 100 | |
| Housing | 69 | 76 | 100 | |
| Transportation | 100 | 90 | 100 | |
| Utilities | 85 | 86 | 100 | |
Gresham Park, 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 Gresham Park is $196,600.
The Median Rent in Gresham Park is $1,302.
The Median Income in Gresham Park is $58,125.
The Home Value To Income in Gresham Park is 3.4x.
The Rent To Monthly Income in Gresham Park is 0.27x.
| Statistic | Gresham Park | Georgia | United States |
|---|---|---|---|
| Median Home Value | $196,600 | $206,700 | $244,900 |
| Median Rent | $1,302 | $1,110 | $1,163 |
| Median Income | $58,125 | $65,030 | $69,021 |
| Home Value To Income | 3.4x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.27x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Gresham Park, GA Costs By Category
Detailed Gresham Park Services Costs Vs. Georgia
| Item | Gresham 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 |
Detailed Gresham Park Groceries Costs Vs. Georgia
| Item | Gresham 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 |
Detailed Gresham Park Health Costs Vs. Georgia
| Item | Gresham Park | Georgia |
|---|---|---|
| Optometrist | $110.27 | $108.57 |
| Doctor | $119.8 | $116.17 |
| Dentist | $105.78 | $99.13 |
Detailed Gresham Park Transportation Costs Vs. Georgia
| Item | Gresham Park | Georgia |
|---|---|---|
| Gasoline | $2.23 | $2.22 |
| Tire Balancing | $52.08 | $50.07 |
Detailed Gresham Park Utilities Costs Vs. Georgia
| Item | Gresham Park | Georgia |
|---|---|---|
| All Electricity | $120.82 | $167.67 |
| Phone | $185.08 | $175.64 |
Gresham Park SnackAbility
/10
Cost Of Living In Cities Around Gresham Park
The cost of living varies in the cities and towns around Gresham Park. Here's a quick look at the cost of living in the most populous nearby places:
Sandy Springs, GA has a cost of living index of 130, 1.4x Gresham Park.
Smyrna, GA has a cost of living index of 106, 1.1x Gresham Park.
Dunwoody, GA has a cost of living index of 124, 1.3x Gresham Park.
| City | Population | Cost Of Living | Vs. Gresham Park |
|---|---|---|---|
| Sandy Springs, GA | 106,605 | 130 | 1.4x |
| Smyrna, GA | 55,460 | 106 | 1.1x |
| Dunwoody, GA | 51,103 | 124 | 1.3x |
| Mableton, GA | 41,632 | 98 | 1.1x |
| Decatur, GA | 24,334 | 124 | 1.3x |
| Candler-McAfee, GA | 22,880 | 88 | 0.9x |
| Forest Park, GA | 19,856 | 85 | 0.9x |
| Fayetteville, GA | 18,633 | 103 | 1.1x |
| North Decatur, GA | 16,369 | 109 | 1.2x |
| Belvedere Park, GA | 14,497 | 91 | 1.0x |
