Cost of living in Rome 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 Rome 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 Rome is 90, with 100 being the average.
The cost of living index in Rome is 0.9x lower than the national average.
Rome ranks as the #62 cheapest in Georgia out of 154.
Rome ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Rome is $164,500.
The median income in Rome is $40,000.
According to the most recent data on the cost of living, Rome has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Georgia, Rome has a cost of living index that's 1.0x higher than Georgia's index of 89.
The standard of living in Rome ranks as #62 most affordable out of the 154 places we measured in Georgia. By definition, that implies Rome ranks as the #92 most expensive place in the Peach State.
For more reading on life in Rome, check out:
Six factors go into calculating the cost of living index in Rome. Here is how it fairs on each of the criteria:
The Services index in Rome is 100.
The Groceries index in Rome is 91.
The Health index in Rome is 91.
The Housing index in Rome is 67.
The Transportation index in Rome is 91.
The Utilities index in Rome is 98.
Living Expense | Rome | Georgia | National Average | |
---|---|---|---|---|
Overall | 90 | 89 | 100 | |
Services | 100 | 95 | 100 | |
Groceries | 91 | 96 | 100 | |
Health | 91 | 98 | 100 | |
Housing | 67 | 76 | 100 | |
Transportation | 91 | 90 | 100 | |
Utilities | 98 | 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 Rome is $164,500.
The Median Rent in Rome is $799.
The Median Income in Rome is $40,000.
The Home Value To Income in Rome is 4.1x.
The Rent To Monthly Income in Rome is 0.24x.
Statistic | Rome | Georgia | United States |
---|---|---|---|
Median Home Value | $164,500 | $206,700 | $244,900 |
Median Rent | $799 | $1,110 | $1,163 |
Median Income | $40,000 | $65,030 | $69,021 |
Home Value To Income | 4.1x | 3.2x | 3.5x |
Rent To Monthly Income | 0.24x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Rome. Here's a quick look at the cost of living in the most populous nearby places:
Smyrna, GA has a cost of living index of 106, 1.2x Rome.
Mableton, GA has a cost of living index of 98, 1.1x Rome.
Woodstock, GA has a cost of living index of 106, 1.2x Rome.
City | Population | Cost Of Living | Vs. Rome |
---|---|---|---|
Smyrna, GA | 55,460 | 106 | 1.2x |
Mableton, GA | 41,632 | 98 | 1.1x |
Woodstock, GA | 33,857 | 106 | 1.2x |
Kennesaw, GA | 33,036 | 97 | 1.1x |
Canton, GA | 32,342 | 96 | 1.1x |
Acworth, GA | 22,330 | 97 | 1.1x |
Powder Springs, GA | 16,698 | 97 | 1.1x |
Holly Springs, GA | 15,784 | 106 | 1.2x |
Vinings, GA | 12,793 | 127 | 1.4x |
Mountain Park, GA | 12,680 | 103 | 1.1x |