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: $363000
• 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 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: 97.3

Median Income

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

• Median Income: $74606

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.

• Click here for more information

Summary

When considering a move to Newnan, 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.