Cost of living in Stone Mountain 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 Stone Mountain 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 Stone Mountain is 88, with 100 being the average.
The cost of living index in Stone Mountain is 0.9x lower than the national average.
Stone Mountain ranks as the #43 cheapest in Georgia out of 154.
Stone Mountain ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Stone Mountain is $137,900.
The median income in Stone Mountain is $44,716.
According to the most recent data on the cost of living, Stone Mountain has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Georgia, Stone Mountain has a cost of living index that's 1.0x lower than Georgia's index of 89.
The standard of living in Stone Mountain ranks as #43 most affordable out of the 154 places we measured in Georgia. By definition, that implies Stone Mountain ranks as the #111 most expensive place in the Peach State.
For more reading on life in Stone Mountain, check out:
Six factors go into calculating the cost of living index in Stone Mountain. Here is how it fairs on each of the criteria:
The Services index in Stone Mountain is 104.
The Groceries index in Stone Mountain is 107.
The Health index in Stone Mountain is 103.
The Housing index in Stone Mountain is 60.
The Transportation index in Stone Mountain is 102.
The Utilities index in Stone Mountain is 85.
Living Expense | Stone Mountain | Georgia | National Average | |
---|---|---|---|---|
Overall | 88 | 89 | 100 | |
Services | 104 | 95 | 100 | |
Groceries | 107 | 96 | 100 | |
Health | 103 | 98 | 100 | |
Housing | 60 | 76 | 100 | |
Transportation | 102 | 90 | 100 | |
Utilities | 85 | 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 Stone Mountain is $137,900.
The Median Rent in Stone Mountain is $1,267.
The Median Income in Stone Mountain is $44,716.
The Home Value To Income in Stone Mountain is 3.1x.
The Rent To Monthly Income in Stone Mountain is 0.34x.
Statistic | Stone Mountain | Georgia | United States |
---|---|---|---|
Median Home Value | $137,900 | $206,700 | $244,900 |
Median Rent | $1,267 | $1,110 | $1,163 |
Median Income | $44,716 | $65,030 | $69,021 |
Home Value To Income | 3.1x | 3.2x | 3.5x |
Rent To Monthly Income | 0.34x | 0.2x | 0.2x |
Item | Stone Mountain | Georgia |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $14.15 | $10.68 |
Bowling | $17.17 | $14.67 |
Haircut | $21.0 | $18.62 |
Beauty Salon | $47.13 | $39.05 |
Item | Stone Mountain | Georgia |
---|---|---|
Ground Beef | $4.61 | $4.22 |
Fried Chicken | $1.3 | $1.39 |
Milk | $1.99 | $2.05 |
Potatoes | $3.16 | $3.29 |
Pizza | $10.06 | $10.62 |
Beer | $10.05 | $9.38 |
Toothpaste | $2.66 | $2.34 |
Item | Stone Mountain | Georgia |
---|---|---|
Optometrist | $110.27 | $108.57 |
Doctor | $119.8 | $116.17 |
Dentist | $105.78 | $99.13 |
Item | Stone Mountain | Georgia |
---|---|---|
Gasoline | $2.23 | $2.22 |
Tire Balancing | $52.08 | $50.07 |
Item | Stone Mountain | Georgia |
---|---|---|
All Electricity | $120.82 | $167.67 |
Phone | $185.08 | $175.64 |
The cost of living varies in the cities and towns around Stone Mountain. 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, 1.5x Stone Mountain.
Roswell, GA has a cost of living index of 116, 1.3x Stone Mountain.
Johns Creek, GA has a cost of living index of 124, 1.4x Stone Mountain.
City | Population | Cost Of Living | Vs. Stone Mountain |
---|---|---|---|
Sandy Springs, GA | 106,605 | 130 | 1.5x |
Roswell, GA | 92,688 | 116 | 1.3x |
Johns Creek, GA | 82,068 | 124 | 1.4x |
Alpharetta, GA | 65,187 | 122 | 1.4x |
Dunwoody, GA | 51,103 | 124 | 1.4x |
Redan, GA | 32,712 | 92 | 1.0x |
Duluth, GA | 31,506 | 103 | 1.2x |
Decatur, GA | 24,334 | 124 | 1.4x |
Suwanee, GA | 20,629 | 110 | 1.2x |
North Decatur, GA | 16,369 | 109 | 1.2x |