Cost of living in Thomaston 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 Thomaston 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 Thomaston is 83, with 100 being the average.
The cost of living index in Thomaston is 0.8x lower than the national average.
Thomaston ranks as the #14 cheapest in Georgia out of 154.
Thomaston ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Thomaston is $89,600.
The median income in Thomaston is $28,133.
According to the most recent data on the cost of living, Thomaston has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Georgia, Thomaston has a cost of living index that's 0.9x lower than Georgia's index of 89.
The standard of living in Thomaston ranks as #14 most affordable out of the 154 places we measured in Georgia. By definition, that implies Thomaston ranks as the #140 most expensive place in the Peach State.
For more reading on life in Thomaston, check out:
Six factors go into calculating the cost of living index in Thomaston. Here is how it fairs on each of the criteria:
The Services index in Thomaston is 96.
The Groceries index in Thomaston is 98.
The Health index in Thomaston is 100.
The Housing index in Thomaston is 52.
The Transportation index in Thomaston is 113.
The Utilities index in Thomaston is 88.
Living Expense | Thomaston | Georgia | National Average | |
---|---|---|---|---|
Overall | 83 | 89 | 100 | |
Services | 96 | 95 | 100 | |
Groceries | 98 | 96 | 100 | |
Health | 100 | 98 | 100 | |
Housing | 52 | 76 | 100 | |
Transportation | 113 | 90 | 100 | |
Utilities | 88 | 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 Thomaston is $89,600.
The Median Rent in Thomaston is $664.
The Median Income in Thomaston is $28,133.
The Home Value To Income in Thomaston is 3.2x.
The Rent To Monthly Income in Thomaston is 0.28x.
Statistic | Thomaston | Georgia | United States |
---|---|---|---|
Median Home Value | $89,600 | $206,700 | $244,900 |
Median Rent | $664 | $1,110 | $1,163 |
Median Income | $28,133 | $65,030 | $69,021 |
Home Value To Income | 3.2x | 3.2x | 3.5x |
Rent To Monthly Income | 0.28x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Thomaston. Here's a quick look at the cost of living in the most populous nearby places:
Warner Robins, GA has a cost of living index of 91, 1.1x Thomaston.
Newnan, GA has a cost of living index of 99, 1.2x Thomaston.
McDonough, GA has a cost of living index of 95, 1.1x Thomaston.
City | Population | Cost Of Living | Vs. Thomaston |
---|---|---|---|
Warner Robins, GA | 79,589 | 91 | 1.1x |
Newnan, GA | 41,598 | 99 | 1.2x |
McDonough, GA | 28,574 | 95 | 1.1x |
Stockbridge, GA | 28,567 | 95 | 1.1x |
Fayetteville, GA | 18,633 | 103 | 1.2x |
Fairburn, GA | 16,215 | 94 | 1.1x |
Hampton, GA | 8,166 | 92 | 1.1x |
Irondale, GA | 8,127 | 89 | 1.1x |
Centerville, GA | 8,089 | 95 | 1.1x |
Tyrone, GA | 7,615 | 108 | 1.3x |