The housing market plays a significant role in determining the cost of living in Baldwin, GA.
In analyzing the housing market in Baldwin, GA, the housing index stands at 90.0, suggesting it's slightly above the national average and indicating a stable market. The median home price of 178000 offers an attractive opportunity for buyers, particularly those first-time homeowners or those looking to invest. Furthermore, with average rents of 1400 for a two-bedroom apartment and 1440 for a two-bedroom house, it's clear that purchasing property may provide better long-term returns than renting. Consider these factors when making your move.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Baldwin, GA.
Living in Baldwin, 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 200 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.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Baldwin, GA, consider the following factors: