Cost of Living in Bainbridge, GA

Housing

The housing market plays a significant role in determining the cost of living in Bainbridge, GA.

• Housing Index: 85.0 / 100
• Median Home Price is: $188000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1360 per month

Relocating to Bainbridge, GA presents an affordable housing opportunity compared to national averages, with a housing index of 85.0. The median home price of 188000 is quite reasonable, allowing for potential homeownership benefits. Renting options show that average rent for a 2-bedroom apartment is 1200, while for a house it sits at 1360. This cost landscape suggests an attractive market for both renters and buyers, especially considering that neighborhoods typically appreciate over time, providing your investment with potential for growth. Assess your housing priorities to make the best decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bainbridge, GA.

• Electricity Price: 15.53 USD (median by state)
• Natural Gas Price: $27.53 USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $250 per month

Living in Bainbridge, GA could entail higher utility costs. Electricity costs sit at 15.53, while natural gas is priced at 27.53 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 90.5

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $42093

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Bainbridge, GA, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.