Cost of Living in Bonanza, GA
Population 3,567 · Georgia · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Bonanza a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $180,000. At 16.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Geographically, Bonanza sits roughly 20 miles southeast of South Fulton. Median home values run roughly 34% lower than South Fulton's $271,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Bonanza
The median home value in Bonanza is $179,800 — 41% below the national median of $305,000. Median rent runs $1,521/month, 16% higher than the national median of $1,314/month. The median household income of $63,308/year is 15% lower than the US median of $74,580. The local unemployment rate is 16.1%, above the national average of 4.8%. Georgia's top state income tax rate is 5.5% and the combined sales tax is 7.3%. Overall, Bonanza has a cost of living index of 82 versus the US average of 100, meaning it is 18% less expensive.
Bonanza has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Bonanza, GA?
Bonanza has a cost index of 82 (100 = national average). It is 18% below the national average.
What is average rent in Bonanza, GA?
The median gross rent in Bonanza is $1,521 per month based on 2023 Census data.
What is the average home price in Bonanza?
The median home value in Bonanza is $179,800 according to Zillow and Census data.
What is the median income in Bonanza?
The median household income in Bonanza is $63,308 per year (2023 ACS 5-year estimates).
What is the sales tax in Bonanza, GA?
The combined state and local sales tax rate in Bonanza is 7.3%. The Georgia state income tax top rate is 5.5%.
Is Bonanza, GA affordable?
Yes, Bonanza is generally considered affordable, with a cost of living index of 82 — about 18% below the US national average of 100.
Bonanza at a Glance
- Population
- 3,567
- Median Income
- $63,308
- Home Value
- $179,800
- Median Rent
- $1,521/mo
- Unemployment
- 16.1%
- Sales Tax
- 7.3%
Nearby Cities
Explore county-level cost of living data
Georgia Rankings
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