Griffin, GA Cost Of Living
Cost Of Living In Griffin, GA Summary
Cost of living in Griffin 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 Griffin 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 Griffin is 90, with 100 being the average.
The cost of living index in Griffin is 0.9x lower than the national average.
Griffin ranks as the #62 cheapest in Georgia out of 154.
Griffin ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Griffin is $157,000.
The median income in Griffin is $38,972.
Table Of Contents
Griffin's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Griffin, GA?
According to the most recent data on the cost of living, Griffin has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Georgia, Griffin has a cost of living index that's 1.0x higher than Georgia's index of 89.
The standard of living in Griffin ranks as #62 most affordable out of the 154 places we measured in Georgia. By definition, that implies Griffin ranks as the #92 most expensive place in the Peach State.
For more reading on life in Griffin, check out:
- Living In Griffin
- Griffin Crime Report
- Search Homes For Sale In Griffin, GA
In Georgia
In America
Griffin Cost Of Living Vs. Georgia
Six factors go into calculating the cost of living index in Griffin. Here is how it fairs on each of the criteria:
The Services index in Griffin is 102.
The Groceries index in Griffin is 106.
The Health index in Griffin is 104.
The Housing index in Griffin is 64.
The Transportation index in Griffin is 101.
The Utilities index in Griffin is 86.
| Living Expense | Griffin | Georgia | National Average | |
|---|---|---|---|---|
| Overall | 90 | 89 | 100 | |
| Services | 102 | 95 | 100 | |
| Groceries | 106 | 96 | 100 | |
| Health | 104 | 98 | 100 | |
| Housing | 64 | 76 | 100 | |
| Transportation | 101 | 90 | 100 | |
| Utilities | 86 | 86 | 100 | |
Griffin, GA Housing Cost Breakdown
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 Griffin is $157,000.
The Median Rent in Griffin is $916.
The Median Income in Griffin is $38,972.
The Home Value To Income in Griffin is 4.0x.
The Rent To Monthly Income in Griffin is 0.28x.
| Statistic | Griffin | Georgia | United States |
|---|---|---|---|
| Median Home Value | $157,000 | $206,700 | $244,900 |
| Median Rent | $916 | $1,110 | $1,163 |
| Median Income | $38,972 | $65,030 | $69,021 |
| Home Value To Income | 4.0x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.28x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Griffin, GA Costs By Category
Detailed Griffin Services Costs Vs. Georgia
Detailed Griffin Groceries Costs Vs. Georgia
Detailed Griffin Health Costs Vs. Georgia
Detailed Griffin Transportation Costs Vs. Georgia
Detailed Griffin Utilities Costs Vs. Georgia
Griffin SnackAbility
/10
Cost Of Living In Cities Around Griffin
The cost of living varies in the cities and towns around Griffin. Here's a quick look at the cost of living in the most populous nearby places:
McDonough, GA has a cost of living index of 95, 1.1x Griffin.
Fayetteville, GA has a cost of living index of 103, 1.1x Griffin.
Lovejoy, GA has a cost of living index of 88, 1.0x Griffin.
| City | Population | Cost Of Living | Vs. Griffin |
|---|---|---|---|
| McDonough, GA | 28,574 | 95 | 1.1x |
| Fayetteville, GA | 18,633 | 103 | 1.1x |
| Lovejoy, GA | 10,208 | 88 | 1.0x |
| Locust Grove, GA | 8,816 | 92 | 1.0x |
| Hampton, GA | 8,166 | 92 | 1.0x |
| Irondale, GA | 8,127 | 89 | 1.0x |
| Barnesville, GA | 6,335 | 89 | 1.0x |
| Jackson, GA | 5,435 | 88 | 1.0x |
