Cost of living in Jackson 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 Jackson 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 Jackson is 88, with 100 being the average.
The cost of living index in Jackson is 0.9x lower than the national average.
Jackson ranks as the #43 cheapest in Georgia out of 154.
Jackson ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Jackson is $129,700.
The median income in Jackson is $41,739.
According to the most recent data on the cost of living, Jackson has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Georgia, Jackson has a cost of living index that's 1.0x lower than Georgia's index of 89.
The standard of living in Jackson ranks as #43 most affordable out of the 154 places we measured in Georgia. By definition, that implies Jackson ranks as the #111 most expensive place in the Peach State.
For more reading on life in Jackson, check out:
Six factors go into calculating the cost of living index in Jackson. Here is how it fairs on each of the criteria:
The Services index in Jackson is 103.
The Groceries index in Jackson is 103.
The Health index in Jackson is 101.
The Housing index in Jackson is 60.
The Transportation index in Jackson is 103.
The Utilities index in Jackson is 85.
Living Expense | Jackson | Georgia | National Average | |
---|---|---|---|---|
Overall | 88 | 89 | 100 | |
Services | 103 | 95 | 100 | |
Groceries | 103 | 96 | 100 | |
Health | 101 | 98 | 100 | |
Housing | 60 | 76 | 100 | |
Transportation | 103 | 90 | 100 | |
Utilities | 85 | 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 Jackson is $129,700.
The Median Rent in Jackson is $783.
The Median Income in Jackson is $41,739.
The Home Value To Income in Jackson is 3.1x.
The Rent To Monthly Income in Jackson is 0.23x.
Statistic | Jackson | Georgia | United States |
---|---|---|---|
Median Home Value | $129,700 | $206,700 | $244,900 |
Median Rent | $783 | $1,110 | $1,163 |
Median Income | $41,739 | $65,030 | $69,021 |
Home Value To Income | 3.1x | 3.2x | 3.5x |
Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Jackson. Here's a quick look at the cost of living in the most populous nearby places:
McDonough, GA has a cost of living index of 95, 1.1x Jackson.
Griffin, GA has a cost of living index of 90, 1.0x Jackson.
Locust Grove, GA has a cost of living index of 92, 1.0x Jackson.
City | Population | Cost Of Living | Vs. Jackson |
---|---|---|---|
McDonough, GA | 28,574 | 95 | 1.1x |
Griffin, GA | 23,300 | 90 | 1.0x |
Locust Grove, GA | 8,816 | 92 | 1.0x |
Hampton, GA | 8,166 | 92 | 1.0x |
Barnesville, GA | 6,335 | 89 | 1.0x |