McDonough, GA Cost Of Living
Cost Of Living In McDonough, GA Summary
Cost of living in McDonough 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 McDonough 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 McDonough is 95, with 100 being the average.
The cost of living index in McDonough is 0.9x lower than the national average.
McDonough ranks as the #94 cheapest in Georgia out of 154.
McDonough ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in McDonough is $191,700.
The median income in McDonough is $73,215.
Table Of Contents
McDonough's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in McDonough, GA?
According to the most recent data on the cost of living, McDonough has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Georgia, McDonough has a cost of living index that's 1.1x higher than Georgia's index of 89.
The standard of living in McDonough ranks as #94 most affordable out of the 154 places we measured in Georgia. By definition, that implies McDonough ranks as the #60 most expensive place in the Peach State.
For more reading on life in McDonough, check out:
- Living In McDonough
- McDonough Crime Report
- Search Homes For Sale In Mcdonough, GA
In Georgia
In America
McDonough Cost Of Living Vs. Georgia
Six factors go into calculating the cost of living index in McDonough. Here is how it fairs on each of the criteria:
The Services index in McDonough is 100.
The Groceries index in McDonough is 104.
The Health index in McDonough is 100.
The Housing index in McDonough is 82.
The Transportation index in McDonough is 103.
The Utilities index in McDonough is 86.
| Living Expense | McDonough | Georgia | National Average | |
|---|---|---|---|---|
| Overall | 95 | 89 | 100 | |
| Services | 100 | 95 | 100 | |
| Groceries | 104 | 96 | 100 | |
| Health | 100 | 98 | 100 | |
| Housing | 82 | 76 | 100 | |
| Transportation | 103 | 90 | 100 | |
| Utilities | 86 | 86 | 100 | |
McDonough, 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 McDonough is $191,700.
The Median Rent in McDonough is $1,274.
The Median Income in McDonough is $73,215.
The Home Value To Income in McDonough is 2.6x.
The Rent To Monthly Income in McDonough is 0.21x.
| Statistic | McDonough | Georgia | United States |
|---|---|---|---|
| Median Home Value | $191,700 | $206,700 | $244,900 |
| Median Rent | $1,274 | $1,110 | $1,163 |
| Median Income | $73,215 | $65,030 | $69,021 |
| Home Value To Income | 2.6x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
McDonough, GA Costs By Category
Detailed McDonough Services Costs Vs. Georgia
Detailed McDonough Groceries Costs Vs. Georgia
Detailed McDonough Health Costs Vs. Georgia
Detailed McDonough Transportation Costs Vs. Georgia
Detailed McDonough Utilities Costs Vs. Georgia
Mcdonough SnackAbility
/10
Cost Of Living In Cities Around McDonough
The cost of living varies in the cities and towns around McDonough. Here's a quick look at the cost of living in the most populous nearby places:
Stockbridge, GA has a cost of living index of 95, 1.0x McDonough.
Fayetteville, GA has a cost of living index of 103, 1.1x McDonough.
Conyers, GA has a cost of living index of 91, 1.0x McDonough.
| City | Population | Cost Of Living | Vs. McDonough |
|---|---|---|---|
| Stockbridge, GA | 28,567 | 95 | 1.0x |
| Fayetteville, GA | 18,633 | 103 | 1.1x |
| Conyers, GA | 17,101 | 91 | 1.0x |
| Riverdale, GA | 15,013 | 88 | 0.9x |
| Lovejoy, GA | 10,208 | 88 | 0.9x |
| Panthersville, GA | 9,143 | 87 | 0.9x |
| Locust Grove, GA | 8,816 | 92 | 1.0x |
| Hampton, GA | 8,166 | 92 | 1.0x |
| Irondale, GA | 8,127 | 89 | 0.9x |
| Morrow, GA | 6,572 | 89 | 0.9x |
