Cost of Living in Commerce, GA
Housing
The housing market plays a significant role in determining the cost of living in Commerce, GA.
- Housing Index: 85.5 / 100
- Median Home Price is: $256,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
When considering a move to Commerce, GA, you'll find a population of , with a median age of . The local economy shows a median income of , which is essential when evaluating your financial stability. Notably, 39.0% of households are married families, reflective of a community-oriented atmosphere. However, the poverty level is at 15%, and the unemployment rate stands at 3.5%, indicating certain socio-economic challenges. Carefully weighing these factors alongside local amenities and lifestyle will help in making an informed decision for your future home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Commerce, 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.): $200 per month
Living in Commerce, 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 Commerce is a financially viable option for your relocation.