COLD

Cost of Living in Georgetown, GA

Population 11,606 · Georgia · Data vintage 2023

95
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Georgetown sits on the smaller end of the Georgia city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Located <5 miles southwest of Savannah, Georgetown falls within that metro's commuting orbit. Median home values run roughly 14% higher than Savannah's $225,000.

Cost Overview

Housing 84
Rent 110

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Georgetown

The median home value in Georgetown is $257,700 — 16% below the national median of $305,000. Median rent runs $1,446/month, 10% higher than the national median of $1,314/month. The median household income of $80,231/year is 8% higher than the US median of $74,580. The local unemployment rate is 4.8%, below 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, Georgetown has a cost of living index of 95 versus the US average of 100, meaning it is 5% less expensive.

🏠 Housing

Median Home Value
$257,700
16% below avg
Zillow Home Value
$176,405
Zillow ZHVI
Median Rent
$1,446/mo
10% above avg
Price-to-Rent Ratio
14.9x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$773
1 BR
$817
2 BR
$984
3 BR
$1,289
4 BR
$1,520
Owner-occupied 56.7%
Renter-occupied 43.3%

💰 Estimated Monthly Budget

Rent median rent
$1,446
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,060/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.9 min
8% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.6%

Commute Mode

Drove alone
80.8%
Carpooled
10.0%
Walked
2.2%
Work from home
6.6%

⚡ Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 5.5%
Total Sales Tax 7.3%
State rate 4.0%
Avg local rate 3.4%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$80,231
8% above avg
Per Capita Income
$41,163
Unemployment Rate
4.8%
1% below avg
Poverty Rate
7.6%
Labor Force Participation
74.3%

🎓 Education

Bachelor's degree+ 25.8%
Graduate degree 12.4%

👥 Demographics

Median Age 34
Male median age 30.4
Female median age 37.7

🏫 Schools

NCES CCD 2019 — public school district data

69%
4-Year Graduation Rate
11.5:1
Student-teacher ratio
2
Public schools
300
Total enrollment

Frequently Asked Questions

What is the cost of living in Georgetown, GA?

Georgetown has a cost index of 95 (100 = national average). It is 5% below the national average.

What is average rent in Georgetown, GA?

The median gross rent in Georgetown is $1,446 per month based on 2023 Census data.

What is the average home price in Georgetown?

The median home value in Georgetown is $257,700 according to Zillow and Census data.

What is the median income in Georgetown?

The median household income in Georgetown is $80,231 per year (2023 ACS 5-year estimates).

What is the sales tax in Georgetown, GA?

The combined state and local sales tax rate in Georgetown is 7.3%. The Georgia state income tax top rate is 5.5%.

Is Georgetown, GA affordable?

Georgetown is near the national average in terms of cost of living, with an index of 95 (100 = US average).

Georgetown at a Glance

Population
11,606
Median Income
$80,231
Home Value
$257,700
Median Rent
$1,446/mo
Unemployment
4.8%
Sales Tax
7.3%
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