Savannah, GA Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Savannah, GA Summary

Cost of living in Savannah 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 Savannah 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 Savannah is 96, with 100 being the average.

  • The cost of living index in Savannah is 1.0x lower than the national average.

  • Savannah ranks as the #99 cheapest in Georgia out of 154.

  • Savannah ranks as the #2,601 cheapest out of 6,412 in the US.

  • The median home value in Savannah is $170,500.

  • The median income in Savannah is $49,832.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
96
Savannah's Overall Cost Of Living
1.0x
Lower Than The National Average

What is the cost of living in Savannah, GA?

According to the most recent data on the cost of living, Savannah has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.

Compared to Georgia, Savannah has a cost of living index that's 1.1x higher than Georgia's index of 89.

The standard of living in Savannah ranks as #99 most affordable out of the 154 places we measured in Georgia. By definition, that implies Savannah ranks as the #55 most expensive place in the Peach State.

For more reading on life in Savannah, check out:

99 out of 154
In Georgia
2,601 out of 6,412
In America

Savannah Cost Of Living Vs. Georgia

Six factors go into calculating the cost of living index in Savannah. Here is how it fairs on each of the criteria:

  • The Services index in Savannah is 100.

  • The Groceries index in Savannah is 96.

  • The Health index in Savannah is 109.

  • The Housing index in Savannah is 86.

  • The Transportation index in Savannah is 101.

  • The Utilities index in Savannah is 94.

Living Expense Savannah Georgia National Average
Overall 96 89 100
Services 100 95 100
Groceries 96 96 100
Health 109 98 100
Housing 86 76 100
Transportation 101 90 100
Utilities 94 86 100
For more reading on cost of living around Georgia, check out:
Savannah Cost of Living Vs. GA

Savannah, 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 Savannah is $170,500.

  • The Median Rent in Savannah is $1,116.

  • The Median Income in Savannah is $49,832.

  • The Home Value To Income in Savannah is 3.4x.

  • The Rent To Monthly Income in Savannah is 0.27x.

Statistic Savannah Georgia United States
Median Home Value $170,500 $206,700 $244,900
Median Rent $1,116 $1,110 $1,163
Median Income $49,832 $65,030 $69,021
Home Value To Income 3.4x 3.2x 3.5x
Rent To Monthly Income 0.27x 0.2x 0.2x
Search Homes For Sale In Savannah, GA
$170,500
Median Home Value
$1,116
Median Rent
$49,832
Median Income

Savannah, GA Costs By Category

Detailed Savannah Services Costs Vs. Georgia

Item Savannah Georgia
Shampoo $0.96 $1.06
Movie $10.88 $10.68
Bowling $20.06 $14.67
Haircut $18.04 $18.62
Beauty Salon $35.8 $39.05

Detailed Savannah Groceries Costs Vs. Georgia

Item Savannah Georgia
Ground Beef $4.48 $4.22
Fried Chicken $1.51 $1.39
Milk $1.76 $2.05
Potatoes $3.54 $3.29
Pizza $11.51 $10.62
Beer $10.08 $9.38
Toothpaste $1.95 $2.34

Detailed Savannah Health Costs Vs. Georgia

Item Savannah Georgia
Optometrist $93.79 $108.57
Doctor $109.21 $116.17
Dentist $127.37 $99.13

Detailed Savannah Transportation Costs Vs. Georgia

Item Savannah Georgia
Gasoline $2.1 $2.22
Tire Balancing $54.96 $50.07

Detailed Savannah Utilities Costs Vs. Georgia

Item Savannah Georgia
All Electricity $155.12 $167.67
Phone $182.23 $175.64

Savannah SnackAbility

6
/10
Overall SnackAbility
Jobs
5/10
Housing
8
Affordability
5
Diversity
9
Safety
N/A
Amenities
8.5
Education
7
Commute
8.5

Cost Of Living In Cities Around Savannah

The cost of living varies in the cities and towns around Savannah. Here's a quick look at the cost of living in the most populous nearby places:

  • Bluffton, SC has a cost of living index of 114, 1.2x Savannah.

  • Pooler, GA has a cost of living index of 102, 1.1x Savannah.

  • Richmond Hill, GA has a cost of living index of 102, 1.1x Savannah.

City Population Cost Of Living Vs. Savannah
Bluffton, SC 27,596 114 1.2x
Pooler, GA 25,284 102 1.1x
Richmond Hill, GA 15,900 102 1.1x
Wilmington Island, GA 15,521 107 1.1x
Georgetown, GA 12,474 96 1.0x
Port Wentworth, GA 10,502 98 1.0x
Skidaway Island, GA 8,961 135 1.4x
Whitemarsh Island, GA 7,000 114 1.2x

Articles About Georgia

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