Cost of living in Toccoa 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 Toccoa 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 Toccoa is 82, with 100 being the average.
The cost of living index in Toccoa is 0.8x lower than the national average.
Toccoa ranks as the #9 cheapest in Georgia out of 154.
Toccoa ranks as the #377 cheapest out of 6,412 in the US.
The median home value in Toccoa is $104,700.
The median income in Toccoa is $48,039.
According to the most recent data on the cost of living, Toccoa has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Georgia, Toccoa has a cost of living index that's 0.9x lower than Georgia's index of 89.
The standard of living in Toccoa ranks as #9 most affordable out of the 154 places we measured in Georgia. By definition, that implies Toccoa ranks as the #145 most expensive place in the Peach State.
For more reading on life in Toccoa, check out:
Six factors go into calculating the cost of living index in Toccoa. Here is how it fairs on each of the criteria:
The Services index in Toccoa is 98.
The Groceries index in Toccoa is 99.
The Health index in Toccoa is 89.
The Housing index in Toccoa is 49.
The Transportation index in Toccoa is 90.
The Utilities index in Toccoa is 93.
Living Expense | Toccoa | Georgia | National Average | |
---|---|---|---|---|
Overall | 82 | 89 | 100 | |
Services | 98 | 95 | 100 | |
Groceries | 99 | 96 | 100 | |
Health | 89 | 98 | 100 | |
Housing | 49 | 76 | 100 | |
Transportation | 90 | 90 | 100 | |
Utilities | 93 | 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 Toccoa is $104,700.
The Median Rent in Toccoa is $751.
The Median Income in Toccoa is $48,039.
The Home Value To Income in Toccoa is 2.2x.
The Rent To Monthly Income in Toccoa is 0.19x.
Statistic | Toccoa | Georgia | United States |
---|---|---|---|
Median Home Value | $104,700 | $206,700 | $244,900 |
Median Rent | $751 | $1,110 | $1,163 |
Median Income | $48,039 | $65,030 | $69,021 |
Home Value To Income | 2.2x | 3.2x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Toccoa. Here's a quick look at the cost of living in the most populous nearby places:
Gainesville, GA has a cost of living index of 96, 1.2x Toccoa.
Clemson, SC has a cost of living index of 97, 1.2x Toccoa.
Buford, GA has a cost of living index of 98, 1.2x Toccoa.
City | Population | Cost Of Living | Vs. Toccoa |
---|---|---|---|
Gainesville, GA | 41,730 | 96 | 1.2x |
Clemson, SC | 17,238 | 97 | 1.2x |
Buford, GA | 16,811 | 98 | 1.2x |
Braselton, GA | 12,833 | 111 | 1.4x |
Jefferson, GA | 12,727 | 93 | 1.1x |
Powdersville, SC | 9,880 | 97 | 1.2x |
Flowery Branch, GA | 9,194 | 98 | 1.2x |
Auburn, GA | 7,424 | 93 | 1.1x |
Centerville, SC | 7,276 | 88 | 1.1x |
Commerce, GA | 7,213 | 83 | 1.0x |