Georgia's cost of living index is 93 — 7.0% below the US average of 100. Compare purchasing power and equivalent salaries across states.
CoL Index
93
US avg = 100
vs. National Avg
-7.0%
Less expensive
Median Income
$61,224
Georgia median household
Equiv. at US Avg
$65,832
Same purchasing power
| CoL Index | 93 | MIT/MERIC composite index (US avg = 100) |
| vs. National | 7.0% | Below average cost |
| Median Household Income | $61,224 | Georgia median (2023 ACS) |
| National Purchasing Power | $65,832 | Equivalent $ at US avg CoL |
| Overall Category | Moderate | Qualitative classification |
| Population | 10,711,908 | 2020 US Census |
With a cost of living index of 93, Georgia is 7% below the national average. Lower costs in Georgia mean your dollar goes further. A salary of $61,224 in Georgia provides the equivalent purchasing power of $65,832 in a state at the national average.
Housing is typically the largest driver of cost of living differences between states.Georgia's median home price of $330,000 is near the national median of approximately $310,000. Other factors include state income tax (5.49% top rate in Georgia), sales tax (4.00% state rate), and local property tax rates (0.92%).
