Cost of Living in Mcdonough, GA
Housing
The housing market plays a significant role in determining the cost of living in Mcdonough, GA.
- Housing Index: 110.0 / 100
- Median Home Price is: $278,000
- Average Rent (2 BR Apartment): $1450 per month
- Average Rent (2 BR House): $1485 per month
When considering a move to Mcdonough, GA, it's essential to evaluate the housing factors at play. With a housing index of 110.0, it indicates a slightly above-average market. The median home price of 278000 suggests a reasonable entry point for homebuyers. However, renting might feel a pinch, especially with average costs for a 2-bedroom apartment at 1450 and a house at 1485. Given these figures, potential residents might find homeownership more favorable than renting, providing long-term stability and investment in an above-average community.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mcdonough, 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 Mcdonough, 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 Mcdonough is a financially viable option for your relocation.