Lovejoy, GA Cost Of Living
Cost Of Living In Lovejoy, GA Summary
Cost of living in Lovejoy 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 Lovejoy 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 Lovejoy is 88, with 100 being the average.
The cost of living index in Lovejoy is 0.9x lower than the national average.
Lovejoy ranks as the #43 cheapest in Georgia out of 154.
Lovejoy ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Lovejoy is $153,800.
The median income in Lovejoy is $54,232.
Table Of Contents
Lovejoy's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Lovejoy, GA?
According to the most recent data on the cost of living, Lovejoy has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Georgia, Lovejoy has a cost of living index that's 1.0x lower than Georgia's index of 89.
The standard of living in Lovejoy ranks as #43 most affordable out of the 154 places we measured in Georgia. By definition, that implies Lovejoy ranks as the #111 most expensive place in the Peach State.
For more reading on life in Lovejoy, check out:
- Living In Lovejoy
- Search Homes For Sale In Lovejoy, GA
In Georgia
In America
Lovejoy Cost Of Living Vs. Georgia
Six factors go into calculating the cost of living index in Lovejoy. Here is how it fairs on each of the criteria:
The Services index in Lovejoy is 102.
The Groceries index in Lovejoy is 106.
The Health index in Lovejoy is 103.
The Housing index in Lovejoy is 67.
The Transportation index in Lovejoy is 103.
The Utilities index in Lovejoy is 85.
| Living Expense | Lovejoy | Georgia | National Average | |
|---|---|---|---|---|
| Overall | 88 | 89 | 100 | |
| Services | 102 | 95 | 100 | |
| Groceries | 106 | 96 | 100 | |
| Health | 103 | 98 | 100 | |
| Housing | 67 | 76 | 100 | |
| Transportation | 103 | 90 | 100 | |
| Utilities | 85 | 86 | 100 | |
Lovejoy, 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 Lovejoy is $153,800.
The Median Rent in Lovejoy is $1,183.
The Median Income in Lovejoy is $54,232.
The Home Value To Income in Lovejoy is 2.8x.
The Rent To Monthly Income in Lovejoy is 0.26x.
| Statistic | Lovejoy | Georgia | United States |
|---|---|---|---|
| Median Home Value | $153,800 | $206,700 | $244,900 |
| Median Rent | $1,183 | $1,110 | $1,163 |
| Median Income | $54,232 | $65,030 | $69,021 |
| Home Value To Income | 2.8x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.26x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Lovejoy, GA Costs By Category
Detailed Lovejoy Services Costs Vs. Georgia
Detailed Lovejoy Groceries Costs Vs. Georgia
Detailed Lovejoy Health Costs Vs. Georgia
Detailed Lovejoy Transportation Costs Vs. Georgia
Detailed Lovejoy Utilities Costs Vs. Georgia
Lovejoy SnackAbility
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Cost Of Living In Cities Around Lovejoy
The cost of living varies in the cities and towns around Lovejoy. 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 Lovejoy.
Stockbridge, GA has a cost of living index of 95, 1.1x Lovejoy.
Candler-McAfee, GA has a cost of living index of 88, 1.0x Lovejoy.
| City | Population | Cost Of Living | Vs. Lovejoy |
|---|---|---|---|
| McDonough, GA | 28,574 | 95 | 1.1x |
| Stockbridge, GA | 28,567 | 95 | 1.1x |
| Candler-McAfee, GA | 22,880 | 88 | 1.0x |
| Fayetteville, GA | 18,633 | 103 | 1.2x |
| Panthersville, GA | 9,143 | 87 | 1.0x |
| Gresham Park, GA | 8,569 | 93 | 1.1x |
| Hampton, GA | 8,166 | 92 | 1.0x |
| Irondale, GA | 8,127 | 89 | 1.0x |
| Tyrone, GA | 7,615 | 108 | 1.2x |
| Morrow, GA | 6,572 | 89 | 1.0x |
