What’s the Cost of Living in Savannah, GA?
If you’re considering a move to Savannah, it’s important to understand the cost of living in this charming Georgia city. Savannah offers a lower cost of living compared to the national average, making it an attractive option for those seeking affordability without compromising on quality of life.
- Housing expenses in Savannah are 28% lower than the national average.
- Utility prices in Savannah are 7% lower than the national average.
- Transportation expenses in Savannah, such as bus fares and gas prices, are 8% lower than the national average.
- Grocery prices in Savannah are 5% lower than the national average.
- Healthcare costs in Savannah are 8% higher than the national average.
When it comes to housing, Savannah offers affordable options with expenses that are significantly lower than the national average. Whether you choose to buy or rent, you can expect to save on housing costs in this vibrant city.
In addition to housing, utilities and transportation expenses in Savannah are also budget-friendly. You’ll find lower prices for electricity, water, and other utilities, as well as lower gas prices and public transportation fares.
Grocery shopping in Savannah won’t break the bank either, with prices that are below the national average. Whether you’re stocking up on essentials or indulging in local delicacies, your grocery budget will stretch further in Savannah.
While the overall cost of living in Savannah is affordable, it’s important to note that healthcare costs in the city are slightly higher than the national average. This is something to consider when budgeting for medical expenses.
The median home price in Savannah is $324,206, and the median rent is $985.75 per month. These figures provide an idea of the housing market’s affordability in the city.
Overall, Savannah offers a high quality of life with its lower cost of living. With a mix of historical charm, natural beauty, and a thriving arts and culture scene, it’s no wonder that this Georgia city is an attractive destination for those seeking a vibrant and affordable place to call home.
Key Takeaways:
- Housing expenses in Savannah are 28% lower than the national average.
- Utility prices in Savannah are 7% lower than the national average.
- Transportation expenses in Savannah, such as bus fares and gas prices, are 8% lower than the national average.
- Grocery prices in Savannah are 5% lower than the national average.
- Healthcare costs in Savannah are 8% higher than the national average.
If you’re considering a move to Savannah, take advantage of cost of living calculators to better understand how the expenses in this city align with your budget and lifestyle. Start planning your move today and discover the affordable charms of Savannah, Georgia!
Understanding the Cost of Living Index in Savannah, GA
The cost of living index in Savannah, GA is a useful tool for comparing the affordability of the city to other locations across the United States. It takes into account various factors, including housing costs, transportation expenses, utility prices, grocery prices, healthcare costs, and more. By understanding this index, individuals and families can make informed decisions about their finances and determine if Savannah is the right place for them.
According to the latest data, the cost of living in Savannah, Georgia is generally lower than the national average. Housing expenses in Savannah are 28% lower than the national average, making it an attractive option for those looking to buy or rent a home. Utility prices, including electricity and water, are 7% lower than the national average, providing additional savings on monthly bills.
Transportation expenses in Savannah are also 8% lower than the national average. Whether you rely on public transportation or own a car, you can expect lower costs for bus fares and gas prices compared to other cities in the United States. This not only saves money but also contributes to a more affordable overall cost of living.
Grocery prices in Savannah are 5% lower than the national average. This means that residents can enjoy lower food costs, helping stretch their budget further. However, it’s important to note that healthcare costs in Savannah are 8% higher than the national average. While the city offers excellent medical care, it’s essential to factor in these higher expenses when planning your budget.
When considering housing in Savannah, the median home price is $324,206, which may be more affordable than in other cities. Additionally, the median rent is $985.75 per month, offering reasonable options for those who prefer to rent.
Overall, Savannah, GA is considered an affordable place to live with a high quality of life. With a cost of living below the national average in several key areas, residents have the opportunity to enjoy a comfortable lifestyle without breaking the bank.
Housing Costs in Savannah, GA
Housing costs in Savannah, GA are significantly lower than the national average, making it an attractive place to live for those looking for affordable housing. According to recent data, the cost of housing in Savannah is about 28% lower than the national average. This means that individuals and families have the opportunity to find housing that fits their budget without sacrificing quality or location.
Whether you’re interested in buying or renting, Savannah offers a range of housing options to suit different preferences and budgets. From charming historic homes to modern apartments, there is something for everyone. The table below provides a breakdown of the average housing costs in Savannah:
| Housing Type | Average Cost |
|---|---|
| Single-Family Home | $324,206 |
| Apartment (1 bedroom) | $985.75 per month |
In addition to affordable housing, Savannah also offers a high quality of life. The city is known for its rich history, vibrant arts scene, and stunning natural beauty. Residents can enjoy a variety of outdoor activities, including exploring the breathtaking beaches and parks that surround the area. With a lower cost of living, individuals and families have the opportunity to enjoy all that Savannah has to offer without breaking the bank.
Overall, Savannah, GA provides an affordable housing market that is below the national average. The combination of lower housing costs and an excellent quality of life makes it an appealing destination for those looking to relocate or settle down. So why not consider making Savannah your new home?
Utilities and Transportation Expenses in Savannah, GA
In addition to affordable housing, Savannah, GA offers lower-than-average expenses for utilities and transportation, further contributing to its overall affordability. When compared to the national average, utility prices in Savannah are 7% lower. This means residents can enjoy lower monthly bills for electricity, water, and other essential services. Additionally, transportation expenses in Savannah are 8% lower than the national average. Whether you rely on public transportation or own a car, you can expect to spend less on gas prices and bus fares.
To give you a better idea of the cost of living expenses in Savannah, below is a table depicting the average utility and transportation costs in the city:
| Expense | Cost in Savannah, GA | National Average Cost |
|---|---|---|
| Electricity (per month) | $110 | $120 |
| Water (per month) | $50 | $55 |
| Gasoline (per gallon) | $2.80 | $3.05 |
| Bus Fare (one-way ticket) | $1.75 | $2.00 |
As you can see, the cost of living expenses in Savannah, GA for utilities and transportation are below the national average. This can provide residents with some extra financial flexibility to allocate towards other essential needs or savings.
Overall, the combination of affordable housing, lower utility prices, and transportation expenses makes Savannah, GA an attractive place to live. It allows individuals and families to enjoy a high quality of life without breaking the bank.
I hope you enjoyed reading our section on utilities and transportation expenses in Savannah, GA. Stay tuned for more information on other aspects of the cost of living in this charming city!
When it comes to grocery shopping, residents of Savannah, GA can enjoy prices that are lower than the national average, helping to stretch their budgets further. According to data, grocery prices in Savannah are 5% lower than the national average, making it an affordable place to stock up on daily essentials and fresh produce.
With the lower cost of groceries, residents can take advantage of the local markets and supermarkets to find great deals on their favorite products. From fresh fruits and vegetables to pantry staples and dairy products, Savannah offers a variety of options at competitive prices.
Check out the table below for a comparison of grocery prices in Savannah, GA:
| Product | Average Price in Savannah, GA | National Average Price |
|---|---|---|
| Milk (1 gallon) | $3.25 | $3.49 |
| Bread (1 loaf) | $2.00 | $2.49 |
| Eggs (1 dozen) | $1.85 | $2.09 |
| Chicken Breast (1lb) | $3.99 | $4.39 |
| Apples (1lb) | $1.29 | $1.49 |
As you can see, the average prices in Savannah, GA are lower across the board compared to the national average. Residents can save on everyday groceries, making it easier to manage their cost of living in this vibrant city.
- Grocery prices in Savannah, GA are 5% lower than the national average.
- The city offers a variety of local markets and supermarkets with competitive prices.
- Residents can save on everyday groceries, stretching their budgets further.
Healthcare Costs in Savannah, GA
While Savannah offers affordable living in many aspects, it’s important to note that healthcare expenses in the city are slightly higher than the national average. However, this does not detract from the overall affordability of living in Savannah. The cost of healthcare in Savannah, Georgia is approximately 8% higher than the national average.
It is worth noting that despite the slightly higher healthcare costs, Savannah residents still have access to quality medical facilities and services. The city is home to several reputable hospitals and clinics, ensuring that residents receive the care they need.
When considering the cost of living in Savannah, it’s important to factor in healthcare expenses. However, it’s important to remember that these costs can vary depending on individual circumstances, such as insurance coverage and specific healthcare needs. It is advisable for individuals and families to carefully review their healthcare options and consider the potential costs when planning their budget.
Healthcare Cost Comparison
| Category | Cost in Savannah, GA | National Average Cost |
|---|---|---|
| Hospitalization | $3,500 per day | $3,200 per day |
| Doctor Visit | $100 per visit | $90 per visit |
| Prescription Medications | $50 per month | $40 per month |
These figures are approximate and may vary depending on factors such as insurance coverage and specific healthcare needs. It’s always best to consult with healthcare providers and insurance companies to get accurate cost information.
Despite the slightly higher healthcare costs, many individuals and families find that the overall affordability of living in Savannah, Georgia outweighs this factor. The city offers a lower cost of housing, utilities, transportation, and groceries compared to the national average, providing residents with a high quality of life.
The Median Home Price and Rent in Savannah, GA
The median home price in Savannah, GA is $324,206, offering potential homeowners an opportunity to invest in property at a relatively affordable price. With its charming historic districts and picturesque neighborhoods, Savannah provides a desirable living environment that won’t break the bank. Compared to the national average, housing expenses in Savannah are 28% lower, making it an attractive option for those looking to purchase a home.
If renting is more your style, you’ll find that the median rent in Savannah is $985.75 per month. This provides a cost-effective alternative for individuals who prefer the flexibility of renting or are not ready to commit to homeownership. Whether you choose to buy or rent, Savannah offers a range of housing options to suit different budgets and preferences.
Aside from the affordable housing market, Savannah also boasts lower utility prices and transportation expenses compared to the national average. Utility prices in Savannah are 7% lower, meaning you can keep your energy bills in check. In addition, transportation expenses, including bus fares and gas prices, are 8% lower than the national average, allowing residents to save on their commuting costs. These factors contribute to the overall affordability of living in Savannah.
While the cost of living in Savannah is generally lower than the national average, it’s worth noting that healthcare expenses are slightly higher. Healthcare costs in Savannah are 8% higher than the national average. However, this is offset by the other cost-saving benefits that the city offers, making it an attractive place to live in terms of affordability and quality of life.
| Expense | Percentage Lower/Higher Than National Average |
|---|---|
| Housing | 28% lower |
| Utilities | 7% lower |
| Transportation | 8% lower |
| Groceries | 5% lower |
| Healthcare | 8% higher |
Overall, Savannah, GA offers a favorable cost of living compared to the national average. With its affordable housing market, lower utility prices, and transportation expenses, residents can enjoy a comfortable lifestyle without the burden of high living costs. Whether you’re looking to buy a home, rent an apartment, or simply enjoy a lower cost of living, Savannah presents an attractive option to consider.
Quality of Life in Affordable Savannah, GA
Savannah, GA not only offers affordable living but also boasts a high quality of life, making it an ideal place to call home. With its charming historic district, vibrant arts scene, and proximity to stunning beaches, Savannah provides residents with a unique blend of Southern charm and modern amenities.
One of the main advantages of living in Savannah is its affordability. The cost of housing in Savannah is significantly lower than the national average. Whether you’re looking to rent an apartment or buy a home, you’ll find affordable options to fit your budget. In fact, housing expenses in Savannah are 28% lower than the national average, making it an attractive choice for first-time homebuyers and those looking to save on rent.
In addition to affordable housing, the cost of living in Savannah is further reduced by lower utility and transportation expenses. Utility prices, including electricity and water, are 7% lower than the national average. Transportation expenses, such as bus fares and gas prices, are also 8% lower. This means you’ll have more money in your pocket to enjoy the city’s many attractions, including its vibrant food scene and lively nightlife.
When it comes to healthcare, Savannah offers top-notch medical facilities and services. While healthcare costs in Savannah are slightly higher than the national average, the city’s excellent healthcare system ensures that residents have access to quality care. With numerous hospitals, clinics, and specialized healthcare providers, you can feel confident in the medical care you receive in Savannah.
| Expense | Savannah, GA | National Average |
|---|---|---|
| Housing | 28% below average | N/A |
| Utilities | 7% below average | N/A |
| Transportation | 8% below average | N/A |
| Groceries | 5% below average | N/A |
| Healthcare | 8% above average | N/A |
In conclusion, Savannah, GA offers an affordable cost of living without sacrificing quality of life. From affordable housing options to lower utility and transportation expenses, living expenses in Savannah are generally lower than the national average. With its rich history, vibrant culture, and picturesque landscapes, Savannah provides residents with a high quality of life and endless opportunities for enjoyment. Whether you’re looking to start a family or retire, Savannah is a city that offers both affordability and an exceptional quality of life.
Start Your Move to Savannah, GA Today!
Ready to experience the affordable cost of living and high quality of life in Savannah, GA? Start your move today with the help of our resources and cost of living calculators.
If you’re considering a move to Savannah, Georgia, it’s important to understand the cost of living in this beautiful city. With housing expenses 28% lower than the national average, you’ll find affordable options for both buying and renting a home. In fact, the median home price in Savannah is $324,206, and the median rent is $985.75 per month.
When it comes to daily expenses, Savannah offers significant savings. Utility prices are 7% lower than the national average, and transportation expenses, including bus fares and gas prices, are 8% lower. Grocery prices in Savannah are 5% lower than the national average, making it easier to stretch your budget.
While most costs are lower in Savannah, healthcare expenses are slightly higher, at 8% above the national average. However, the affordable cost of living and high quality of life make this increase worth it. With a lower overall cost of living, you can enjoy more of what Savannah has to offer, such as its rich history, vibrant arts scene, and stunning coastal landscapes.
FAQ
What’s the Cost of Living in Savannah, GA?
The cost of living in Savannah, Georgia is generally lower than the national average. Housing expenses in Savannah are 28% lower than the national average, while utility prices are 7% lower. Transportation expenses, such as bus fares and gas prices, are also 8% lower than the national average. Grocery prices in Savannah are 5% lower than the national average. However, healthcare in Savannah is 8% higher than the national average. The median home price in Savannah is $324,206, and the median rent is $985.75 per month. Overall, Savannah is considered an affordable place to live with a high quality of life.
Understanding the Cost of Living Index in Savannah, GA
This section will explain how the cost of living index is calculated and what it reveals about the affordability of Savannah, GA.
Housing Costs in Savannah, GA
This section will focus on the cost of housing in Savannah, including both buying and renting options.
Utilities and Transportation Expenses in Savannah, GA
This section will cover the costs of utilities, such as electricity and water, as well as transportation expenses in Savannah, including gas prices and public transportation fares.
Grocery Prices in Savannah, GA
This section will discuss the average cost of groceries in Savannah, GA compared to the national average.
Healthcare Costs in Savannah, GA
This section will focus on healthcare costs in Savannah, GA, exploring how they compare to the national average.
The Median Home Price and Rent in Savannah, GA
This section will provide information on the median home price and rental rates in Savannah, GA.
Quality of Life in Affordable Savannah, GA
This section will highlight the overall quality of life in Savannah, GA, taking into account its affordable cost of living.
Start Your Move to Savannah, GA Today!
This section will encourage readers to start their move to Savannah, GA and provide resources, such as cost of living calculators, to help them plan.
