Cost of Living in Savannah, GA
Housing
The housing market plays a significant role in determining the cost of living in Savannah, GA.
- Housing Index: 90.0 / 100
- Median Home Price is: $293000
- Average Rent (2 BR Apartment): $1500 per month
- Average Rent (2 BR House): $1600 per month
Considering a move to Savannah, GA? With a housing index of 90.0, it suggests a relatively conducive market for home buyers and renters alike. The median home price of 293000 indicates a manageable entry point, while the average rents for a 2-bedroom apartment at 1500 and a house at 1600 provide options for diverse lifestyles. Keep in mind that property values may vary; be sure to research local neighborhoods for specific trends and amenities to make a well-informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Savannah, 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 Savannah, 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 Savannah is a financially viable option for your relocation.