Cost of Living in Newnan, GA
Housing
The housing market plays a significant role in determining the cost of living in Newnan, GA.
- Housing Index: 90.0 / 100
- Median Home Price is: $363,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Considering a move to Newnan, GA? The housing market here presents a housing index of 90.0, providing a strong indication of affordability. The median home price is at 363000, making it a viable option for home buyers. For renters, the average rent for a 2-bedroom apartment stands at 1200 while a 2-bedroom house costs about 1280. This data suggests a balanced market, ideal for both potential homeowners and renters. Overall, if you desire decent living standards without breaking the bank, Newnan could be the right choice.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Newnan, 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 Newnan, 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 Newnan is a financially viable option for your relocation.