Cost of living in Norcross 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 Norcross 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 Norcross is 97, with 100 being the average.
The cost of living index in Norcross is 1.0x lower than the national average.
Norcross ranks as the #105 cheapest in Georgia out of 154.
Norcross ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Norcross is $281,300.
The median income in Norcross is $70,403.
According to the most recent data on the cost of living, Norcross has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Georgia, Norcross has a cost of living index that's 1.1x higher than Georgia's index of 89.
The standard of living in Norcross ranks as #105 most affordable out of the 154 places we measured in Georgia. By definition, that implies Norcross ranks as the #49 most expensive place in the Peach State.
For more reading on life in Norcross, check out:
Six factors go into calculating the cost of living index in Norcross. Here is how it fairs on each of the criteria:
The Services index in Norcross is 103.
The Groceries index in Norcross is 105.
The Health index in Norcross is 100.
The Housing index in Norcross is 92.
The Transportation index in Norcross is 103.
The Utilities index in Norcross is 87.
Living Expense | Norcross | Georgia | National Average | |
---|---|---|---|---|
Overall | 97 | 89 | 100 | |
Services | 103 | 95 | 100 | |
Groceries | 105 | 96 | 100 | |
Health | 100 | 98 | 100 | |
Housing | 92 | 76 | 100 | |
Transportation | 103 | 90 | 100 | |
Utilities | 87 | 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 Norcross is $281,300.
The Median Rent in Norcross is $1,354.
The Median Income in Norcross is $70,403.
The Home Value To Income in Norcross is 4.0x.
The Rent To Monthly Income in Norcross is 0.23x.
Statistic | Norcross | Georgia | United States |
---|---|---|---|
Median Home Value | $281,300 | $206,700 | $244,900 |
Median Rent | $1,354 | $1,110 | $1,163 |
Median Income | $70,403 | $65,030 | $69,021 |
Home Value To Income | 4.0x | 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 Norcross. 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 Norcross.
Roswell, GA has a cost of living index of 116, 1.2x Norcross.
Johns Creek, GA has a cost of living index of 124, 1.3x Norcross.
City | Population | Cost Of Living | Vs. Norcross |
---|---|---|---|
Sandy Springs, GA | 106,605 | 130 | 1.3x |
Roswell, GA | 92,688 | 116 | 1.2x |
Johns Creek, GA | 82,068 | 124 | 1.3x |
Alpharetta, GA | 65,187 | 122 | 1.3x |
Dunwoody, GA | 51,103 | 124 | 1.3x |
Peachtree Corners, GA | 42,065 | 114 | 1.2x |
Duluth, GA | 31,506 | 103 | 1.1x |
Chamblee, GA | 29,894 | 103 | 1.1x |
Sugar Hill, GA | 24,599 | 103 | 1.1x |
Decatur, GA | 24,334 | 124 | 1.3x |