Cost of living in Newnan 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 Newnan 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 Newnan is 99, with 100 being the average.
The cost of living index in Newnan is 1.0x lower than the national average.
Newnan ranks as the #116 cheapest in Georgia out of 154.
Newnan ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Newnan is $233,900.
The median income in Newnan is $71,630.
According to the most recent data on the cost of living, Newnan has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Georgia, Newnan has a cost of living index that's 1.1x higher than Georgia's index of 89.
The standard of living in Newnan ranks as #116 most affordable out of the 154 places we measured in Georgia. By definition, that implies Newnan ranks as the #38 most expensive place in the Peach State.
For more reading on life in Newnan, check out:
Six factors go into calculating the cost of living index in Newnan. Here is how it fairs on each of the criteria:
The Services index in Newnan is 94.
The Groceries index in Newnan is 96.
The Health index in Newnan is 98.
The Housing index in Newnan is 98.
The Transportation index in Newnan is 111.
The Utilities index in Newnan is 86.
Living Expense | Newnan | Georgia | National Average | |
---|---|---|---|---|
Overall | 99 | 89 | 100 | |
Services | 94 | 95 | 100 | |
Groceries | 96 | 96 | 100 | |
Health | 98 | 98 | 100 | |
Housing | 98 | 76 | 100 | |
Transportation | 111 | 90 | 100 | |
Utilities | 86 | 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 Newnan is $233,900.
The Median Rent in Newnan is $1,198.
The Median Income in Newnan is $71,630.
The Home Value To Income in Newnan is 3.3x.
The Rent To Monthly Income in Newnan is 0.2x.
Statistic | Newnan | Georgia | United States |
---|---|---|---|
Median Home Value | $233,900 | $206,700 | $244,900 |
Median Rent | $1,198 | $1,110 | $1,163 |
Median Income | $71,630 | $65,030 | $69,021 |
Home Value To Income | 3.3x | 3.2x | 3.5x |
Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Newnan. 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, 1.3x Newnan.
Dunwoody, GA has a cost of living index of 124, 1.3x Newnan.
Mableton, GA has a cost of living index of 98, 1.0x Newnan.
City | Population | Cost Of Living | Vs. Newnan |
---|---|---|---|
Sandy Springs, GA | 106,605 | 130 | 1.3x |
Dunwoody, GA | 51,103 | 124 | 1.3x |
Mableton, GA | 41,632 | 98 | 1.0x |
Kennesaw, GA | 33,036 | 97 | 1.0x |
Decatur, GA | 24,334 | 124 | 1.3x |
Acworth, GA | 22,330 | 97 | 1.0x |
North Decatur, GA | 16,369 | 109 | 1.1x |
Mountain Park, GA | 12,680 | 103 | 1.0x |
Druid Hills, GA | 8,611 | 138 | 1.4x |
Tyrone, GA | 7,615 | 108 | 1.1x |