Savannah, GA Cost Of Living
Cost Of Living In Savannah, GA Summary
Cost of living in Savannah 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 Savannah 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 Savannah is 96, with 100 being the average.
The cost of living index in Savannah is 1.0x lower than the national average.
Savannah ranks as the #99 cheapest in Georgia out of 154.
Savannah ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Savannah is $170,500.
The median income in Savannah is $49,832.
Table Of Contents
Savannah's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Savannah, GA?
According to the most recent data on the cost of living, Savannah has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Georgia, Savannah has a cost of living index that's 1.1x higher than Georgia's index of 89.
The standard of living in Savannah ranks as #99 most affordable out of the 154 places we measured in Georgia. By definition, that implies Savannah ranks as the #55 most expensive place in the Peach State.
For more reading on life in Savannah, check out:
- Living In Savannah
- Search Homes For Sale In Savannah, GA
In Georgia
In America
Savannah Cost Of Living Vs. Georgia
Six factors go into calculating the cost of living index in Savannah. Here is how it fairs on each of the criteria:
The Services index in Savannah is 100.
The Groceries index in Savannah is 96.
The Health index in Savannah is 109.
The Housing index in Savannah is 86.
The Transportation index in Savannah is 101.
The Utilities index in Savannah is 94.
| Living Expense | Savannah | Georgia | National Average | |
|---|---|---|---|---|
| Overall | 96 | 89 | 100 | |
| Services | 100 | 95 | 100 | |
| Groceries | 96 | 96 | 100 | |
| Health | 109 | 98 | 100 | |
| Housing | 86 | 76 | 100 | |
| Transportation | 101 | 90 | 100 | |
| Utilities | 94 | 86 | 100 | |
Savannah, 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 Savannah is $170,500.
The Median Rent in Savannah is $1,116.
The Median Income in Savannah is $49,832.
The Home Value To Income in Savannah is 3.4x.
The Rent To Monthly Income in Savannah is 0.27x.
| Statistic | Savannah | Georgia | United States |
|---|---|---|---|
| Median Home Value | $170,500 | $206,700 | $244,900 |
| Median Rent | $1,116 | $1,110 | $1,163 |
| Median Income | $49,832 | $65,030 | $69,021 |
| Home Value To Income | 3.4x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.27x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Savannah, GA Costs By Category
Detailed Savannah Services Costs Vs. Georgia
Detailed Savannah Groceries Costs Vs. Georgia
Detailed Savannah Health Costs Vs. Georgia
Detailed Savannah Transportation Costs Vs. Georgia
Detailed Savannah Utilities Costs Vs. Georgia
Savannah SnackAbility
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Cost Of Living In Cities Around Savannah
The cost of living varies in the cities and towns around Savannah. Here's a quick look at the cost of living in the most populous nearby places:
Bluffton, SC has a cost of living index of 114, 1.2x Savannah.
Pooler, GA has a cost of living index of 102, 1.1x Savannah.
Richmond Hill, GA has a cost of living index of 102, 1.1x Savannah.
| City | Population | Cost Of Living | Vs. Savannah |
|---|---|---|---|
| Bluffton, SC | 27,596 | 114 | 1.2x |
| Pooler, GA | 25,284 | 102 | 1.1x |
| Richmond Hill, GA | 15,900 | 102 | 1.1x |
| Wilmington Island, GA | 15,521 | 107 | 1.1x |
| Georgetown, GA | 12,474 | 96 | 1.0x |
| Port Wentworth, GA | 10,502 | 98 | 1.0x |
| Skidaway Island, GA | 8,961 | 135 | 1.4x |
| Whitemarsh Island, GA | 7,000 | 114 | 1.2x |
